Douglas A. Warner III
| Douglas A. Warner III | |
|---|---|
| Born |
June 9, 1946 Cincinnati, Ohio 
|
| Occupation | Banker |
Douglas 'Sandy' Warner (born June 9, 1946 as Douglas Alexander Warner III but widely known as "Sandy") is an American banker who joined Morgan Guaranty Trust Company of New York out of college in 1968 as an officer's assistant and rose through the ranks to become chairman of the board of J.P. Morgan & Co. Inc. in 2000. Among his many accomplishments, Warner may be best known for spearheading the 2000 sale of J P Morgan & Co. to Chase Manhattan Bank for $30.9 billion.
Douglas Alexander Warner III was born on June 9, 1946 in Cincinnati, Ohio as the elder son to Douglas Alexander Warner Jr. and Eleanor (Wright) W. Warner. He has a brother, Gordon, and a sister, Marjorie. Warner came from money, growing up in the high-toned suburb of Indian Hill in a family with local social standing. For example, Warner's father served as a trustee of the Cincinnati Music Hall Association and Art Museum and chaired the United Appeal one year. Warner's grandfather (and namesake) ran his own insurance firm and was active in local golfing circles. Grandmother Warner was the daughter of a wealthy Cincinnati entrepreneur named J. Stacey Hill, who was the president of a then-prominent thousand-room Cincinnati hotel named Hotel Gibson.
In 1960 Warner's family shipped the 14-year-old Warner 500 miles away from his home in Ohio to The Hill School, a college-preparatory boarding school in Pottstown, Pennsylvania (it admitted only boys at the time); Warner's father had graduated from the same school in 1937. While a student at The Hill, Warner played junior hockey 1960-61, junior varsity (JV) hockey 1961-62, and varsity hockey 1962-64. Warner graduated from there in 1964, the same year as Academy Award-winning producer/director Oliver Stone.
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