Mary Callahan Erdoes

Mary Callahan Erdoes

Erdoes at the Financial Times CNBC Davos Nightcap, 26 January 2012
Born August 13, 1967[1]
Citizenship USA
Alma mater Georgetown University[2]
Harvard Business School[3]
Occupation Asset Management CEO at JPMorgan Chase & Co.
Spouse(s) Philip Erdoes[4]
Children 3 daughters: Mia, Morgan & Mason[3]
Parent(s) Patrick Joseph Callahan Jr. (father), Patricia Ann Henebry Callahan (mother)[3]
Relatives Mary ("Izzy") & John Henebry (maternal grandparents), Patrick & Kay Callahan Sr. (paternal grandparents)

Mary Callahan Erdoes is Chief Executive Officer of J.P. Morgan Asset Management (a division of JPMorgan Chase), a global leader in investment management and private banking with more than $2.2 trillion[5] in assets under supervision. In addition to being a member of JPMorgan Chase's Operating and Executive Committees, Erdoes leads the firm's strategic partnership with Highbridge Capital Management and Gávea Investimentos. As of 2014, she is listed as the 66th most powerful woman in the world by Forbes.[6]

Early life and education

Mary Callahan was born on August 13, 1967 to Patrick Callahan Jr. and Patricia. Patrick Callahan was a former partner at investment banking firm Lazard Freres.[3] Erdoes completed her Bachelor's degree at Georgetown University, majoring in Mathematics. She was the only woman to complete a Math major at Georgetown at that time. She earned her MBA at Harvard Business School.[3]

Career

Marc Mezvinsky, Gillian Tett, FT, Chelsea Clinton, Jamie Dimon and Mary Callahan Erdoes from JPMorgan

She started her career with Stein Roe & Farnham, and credited her maternal grandmother Izzy as instrumental for helping her get that job during college. She described her job there as a "glorified mailroom job".[1] She then moved on to Bankers Trust, where she worked in corporate finance, merchant banking, and high-yield debt underwriting. Before joining J.P. Morgan, she was employed at Meredith, Martin & Kaye, a fixed-income specialty advisory firm, where she was responsible for credit research, trading, and individual portfolio management. In 1996, she joined J.P. Morgan Asset Management as head of fixed income for high-net-worth individuals, foundations and endowments.[2] In March 2005, she was appointed CEO of J.P. Morgan Private Bank.[3] She assumed her current post in September 2009. She has been mentioned as a potential successor to JPMorgan Chase & Co. CEO Jamie Dimon.[7]

In 2012 she was included in the 50 Most Influential list of Bloomberg Markets. In March 2013, Business Insider included Mary on its list of the 25 most powerful women on Wall Street.[8] As of 2014, she is listed as the 66th most powerful woman in the world by Forbes.[6]

She currently serves as a board member of the U.S. Fund for UNICEF.[9]

Personal life

She met her husband Philip Erdoes at Harvard Business School. They live in New York City with their three daughters.[9]

References

  1. ↑ 1.0 1.1 "She Does the Math". The New York Times. 4 July 2005. Retrieved 23 March 2011.
  2. ↑ 2.0 2.1 Messina, Judith. "Math Major Takes Major Bank Role". Retrieved 23 March 2011.
  3. ↑ 3.0 3.1 3.2 3.3 3.4 3.5 Gupte, Pranay (9 January 2006). "The Difference Between Rich and Wealthy". The New York Sun. Retrieved 23 March 2011.
  4. ↑ Gupte, Pranay (9 January 2006). "The Difference Between Rich and Wealthy". The New York Sun. Retrieved 23 March 2011.
  5. ↑ Karsten Seibel (6 November 2013). "Investor Pimco: "EZB muss drastischere Maßnahmen ergreifen" - DIE WELT". DIE WELT.
  6. ↑ 6.0 6.1 "The World's 100 Most Powerful Women". Forbes. Forbes. Retrieved 26 June 2014.
  7. ↑ Keenan, Charles (October 2010). "#6 Mary Callahan Erdoes". American Banker and SourceMedia, Inc. Retrieved 23 March 2011.
  8. ↑ "The 25 Most Powerful Women on Wall Street". Retrieved 20 March 2013.
  9. ↑ 9.0 9.1 "Mary Callahan Erdoes". Retrieved 23 March 2011.

External links