Richard Jenrette
From Wikipedia, the free encyclopedia
Born in Raleigh, NC on April 5, 1929, Richard Jenrette was one the founders of the Wall Street firm, Donaldson, Lufkin & Jenrette (DLJ). Jenrette founded DLJ in 1959 with William Donaldson, former chairman of the U.S. Securities and Exchange Commission, and Dan Lufkin. Under Jenrette's direction, the firm concentrated on in-depth analysis, creating a new industry standard for institutional investing.[citation needed] Jenrette was also instrumental in taking DLJ public in 1970, making it the first publicly traded investment firm in the United States.[citation needed] Taking the helm of DLJ in 1973, Jenrette successfully shepherded the firm through a recession and a later sale to worldwide insurance leader, The Equitable, where he served as Chairman and CEO from 1990 until 1996. Today, Jenrette restores historic old homes. His published works include Jenrette: The Contrarian Manager and Adventures With Old Houses.
[edit] Scholastic and other honors
- University of North Carolina at Chapel Hill, A.B., 1951
- Harvard Business School, MBA, 1957
- Phi Beta Kappa
- Order of the Golden Fleece, University of North Carolina
- Hon. Doctor of Laws (University of North Carolina at Chapel Hill)
- Hon. Doctor of Laws (Hamilton College, Clinton, NY)
- Hon. Doctor of Laws (The Citadel, Charleston, SC)
- Hon. Doctor of Letters (The College of Charleston, University of SC)
- Harvard Business School Alumni Achievement Award (1984)
- University of North Carolina Distinguished Alumnus Award (1986)
- University of North Carolina William R. Davie Award (1999)
- American Assembly Service to Democracy Award-Dwight D. Eisenhower Medal (1993)
- Chevalier of the Legion of Honor by the President of France (1996)
- Fellow of the American Academy of Arts and Sciences (1999)
- National Trust for Historic Preservation Crowninshield Award (1996)
- World Monuments Fund Hadrian Award (1998)
- Alpha Sigma of Chi Psi Fraternity President
[edit] Professional affiliations
- New England Life Insurance Co., 1951-1953
- Brown Brothers Harriman & Co., 1957-1959
- Donaldson, Lufkin & Jenrette, Inc., 1959-1996 (Former Chairman & CEO)
- The Equitable Companies Incorporated, 1985-1996 (Former Chairman & CEO)
- Harvard University Board of Overseers
- Trustee, The Duke Endowment
- Chairman, Classical American Homes Preservation Trust
- Director, Associates of the Harvard Business School
