George Herbert Walker IV

George Herbert Walker IV (born April 1969) is the chairman and CEO of Neuberger Berman, one of the largest private, independent, employee-controlled investment management firms. During Walker's tenure, the firm survived the implosion of its corporate parent, Lehman Brothers, was repurchased by the employees, and has been amongst the best performers in the industry.^[1] Its growth has been most significant in global equity and fixed income strategies, alternative investments and amongst the largest institutional investors.^[2] Its community service programs, NB Impacts, have also been a hallmark.^{[3][4][5][6][7][8][9][10][11][12][13][14][15][16]}

The firm’s broad capabilities have enabled it to win numerous public strategic partnership mandates, most notably from Teacher Retirement System of Texas and the National Social Security Fund of China.^[17] Neuberger Berman was also named by Pensions & Investments a Best Place to Work in Money Management in both 2013 and 2014.^[18][19]

Family

Walker comes from a successful family of industrialists and financiers, originally from St. Louis, Missouri. Walker's great-grandfather, George Herbert Walker, was the founder of G. H. Walker & Co., a securities firm, which eventually became part of Merrill Lynch. An avid golfer, he was also the namesake of amateur golf's Walker Cup. His grandfather, George Herbert Walker, Jr., was a co-founder of the NY Mets and his father, George Herbert Walker III, was U. S. ambassador to Hungary. Walker was raised in St. Louis, Missouri and has a younger sister, Carter. Walker's grand-aunt, Dorothy, married Senator Prescott Bush, father of U.S. President George Herbert Walker Bush and grandfather of U.S. President George Walker Bush. He is thus a second cousin of former President George W. Bush.

He is married to the former Nancy Dorn.

Education

Walker went to the University of Pennsylvania where he received the Harry S. Truman Scholarship^[20] and was a Benjamin Franklin Scholar, graduated Phi Beta Kappa and received a dual degree- a B.S. and a B.A., both summa cum laude. He also received his MBA as a Palmer Scholar from the Wharton School of the University of Pennsylvania^[21] after completing the 5 year MBA program. He was a member of the St. Anthony Hall fraternity.

Career

Walker began his career on Wall Street when he joined Goldman Sachs in the Merger Department in 1992 and six years later, in 1998, became of one of the firm's youngest partners ever.^[21] He held several senior positions at Goldman, including co-head of the firm's Wealth Management business, and head of Alternative Investment Strategies. Walker was recruited to rival investment bank, Lehman Brothers, to head its Investment Management Division, of which Neuberger was a part. Following Lehman's bankruptcy and the announcement of the sale of Neuberger, Walker assumed his present position.^[22][23]

References