Jes Staley
| Jes Staley | |
|---|---|
| Born |
James Edward Staley December 27, 1956 Boston, Massachusetts, United States |
| Nationality | American |
| Education | BA Economics |
| Alma mater | Bowdoin College |
| Occupation | CEO, Barclays |
| Board member of |
Robin Hood Foundation Institute of International Finance US-China Business Council American Museum of Natural History |
| Spouse(s) | Debbie Staley |
| Children | 2 daughters |
| Parent(s) | Paul R. Staley |
| Relatives |
Peter Staley (brother) Edward Staley (grandfather) |
James Edward "Jes" Staley (born December 27, 1956), is an American banker, and the chief executive officer (CEO) of Barclays. He spent 34 years at J.P. Morgan's investment bank, ultimately becoming CEO. In 2013 he moved to BlueMountain Capital, and on 1 December 2015 became CEO of Barclays.
Staley was born on December 27, 1956 in Boston, Massachusetts. His father, Paul R. Staley, was president and CEO of PQ Corporation, a chemicals company, who eventually settled the family outside of Philadelphia, Pennsylvania. His grandfather, Edward Staley, was the top executive of W.T. Grant at the time when the company filed for bankruptcy in 1976. His brother is AIDS activist Peter Staley.
Jes Staley graduated cum laude from Bowdoin College with a degree in economics.
In 1979, after graduation, Staley joined Morgan Guaranty Trust Co. of New York. From 1980 to 1989, he worked in the bank's Latin America division, where he served as head of corporate finance for Brazil and general manager of the company's Brazilian brokerage firm. In the early 1990s, Staley became one of the founding members of J.P. Morgan's equities business and ran the Equity Capital Market and Syndicate groups. In 1999, he became head of the bank's Private Banking division which, under his leadership, improved profitability threefold during two years. In 2001, he was promoted to CEO of J.P. Morgan Asset Management and ran the division until 2009. During his tenure, J.P. Morgan Asset Management's client assets expanded from $605 billion to nearly $1.3 trillion. Staley has also been noted for his work on J.P. Morgan's strategic investment in Highbridge Capital Management by being named as one of the twenty hedge fund superstars at J.P. Morgan. His contribution to J.P. Morgan becoming a LGBT friendly company was also recognised. In 2009, Staley was promoted to Chief Executive of the Investment Bank. In this position, Staley was responsible for overseeing and coordinating the firm's international efforts across all lines of business.
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Wikipedia