Personal information | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Birth name | John Michael Evans | ||||||||||||||
Born | Toronto, Ontario, Canada | August 16, 1957||||||||||||||
Education | Princeton University, University College, Oxford | ||||||||||||||
Occupation | Technology executive | ||||||||||||||
Medal record
|
John Michael Evans (born August 16, 1957) is a Canadian technology executive and the President of Alibaba Group. He previously spent 20 years working for U.S. investment bank Goldman Sachs and is a former Olympic rower.
Evans was born to Dr. John Robert Evans and his wife Jean on August 16, 1957. Besides his twin brother Mark, he has four other siblings: Derek, Gillian (Gill), Timothy (Tim), and Willa. [1] [2] [3]
He attended Upper Canada College in Toronto and received his bachelor's degree from Princeton University. [4] He later studied at University College, Oxford [5] where he rowed stroked the Oxford boat in the Oxford-Cambridge Boat Race. [6] [7] Alongside his twin brother Mark, Evans went on to join the Canadian Olympic team, where he won a gold medal in rowing at the 1984 Summer Games in Los Angeles. [8]
In 2015, Evans was appointed President of Alibaba Group, where he leads Alibaba Group’s international growth strategy outside of China and reports to CEO Daniel Zhang. [9] Evans has served on the board of Alibaba Group since its September 2014 IPO, and has known Alibaba Group founder Jack Ma since 1999 when Ma first approached Goldman Sachs regarding an early investment in the company. [9] Evans was named as one of the National Retail Federation’s Power Players in 2019 for his work at Alibaba Group. [10]
In addition, Evans is currently a member of the Board of Directors of Barrick Gold Corporation and several not-for-profit organizations. [11]
He is also a trustee of the Asia Society and a member of the Advisory Council for the Bendheim Center for Finance at Princeton University. [12]
Before Alibaba Group, Evans was vice chairman of Goldman Sachs, chairman of Goldman Sachs Asia and spent 19 years as a Partner after joining the firm in 1993. [13]
In the high-profile IPO, Goldman was one of six lead underwriters with Mark Schwartz, chairman of Goldman Asia Pacific, named as lead banker for Goldman in a lead-up New York Times report. [14]
In 2019 Evans was charged for his involvement in the 1MDB scandal, which took place during his time at Goldman Sachs, which was settled. [15] [16]
During the COVID-19 pandemic, Evans was personally involved in several philanthropic efforts to donate personal protective equipment (PPE) for healthcare workers in New York. [17] New York Governor Andrew Cuomo acknowledged in a press briefing that Alibaba Group’s and Evans’ assistance had been “very helpful to us.” [18]
The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue. In Forbes Global 2000 2023, Goldman Sachs ranked 34th. It is considered a systemically important financial institution by the Financial Stability Board.
Margaret Cushing Whitman is an American business executive, diplomat, and politician serving as the United States ambassador to Kenya since 2022. Whitman was president and chief executive officer (CEO) of eBay from 1998 to 2008. Afterwards, she became president and CEO of Hewlett Packard Enterprise from 2011 to 2015, during the company's major split. She then served as the CEO of Quibi from its launch in 2018 until its closure in 2020. A member of the Republican Party, she ran for governor of California but was defeated by former governor Jerry Brown in California's 2010 gubernatorial election. Whitman was a senior presidential campaign official for Republican Mitt Romney in both 2008 and 2012, although she supported Democrats Hillary Clinton and Joe Biden in the 2016 presidential election and the 2020 presidential election, respectively.
Gary David Cohn is an American businessman and philanthropist who served as the 11th Director of the National Economic Council and chief economic advisor to President Donald Trump from 2017 to 2018. He managed the administration's economic policy agenda. Before serving in the White House, Cohn was president and COO of Goldman Sachs, where he worked for more than 25 years. Cohn was appointed vice-chairman of IBM on January 5, 2021.
Alibaba Group Holding Limited, branded as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer, digital media and entertainment, logistics and cloud computing services. It owns and operates a diverse portfolio of companies around the world in numerous business sectors.
Jack Ma Yun is a Chinese business magnate, investor and philanthropist. He is the co-founder of Alibaba Group, a multinational technology conglomerate. In addition, Ma is also the co-founder of Yunfeng Capital, a Chinese private equity firm. As of February 2024, with a net worth of $30.1 billion, Ma is the sixth-wealthiest person in China, as well as the 50th wealthiest person in the world, ranked by Bloomberg Billionaires Index.
John Lawson Thornton is an American businessman and professor and director of the Global Leadership Program at Tsinghua University in Beijing. He is also executive chairman of Barrick Gold Corporation and non-executive chairman of PineBridge Investments. Thornton stepped down as co-president of Goldman Sachs in 2003.
Mark Edward Tucker is an English businessman, best known for his various roles at Prudential plc, where he was the CEO until September 2009. He currently serves as group chairman of HSBC Holdings plc.
Lorenzo Joseph Fertitta is an American billionaire businessman and philanthropist. He is chairman of Fertitta Capital, director of Red Rock Resorts Inc, and former CEO of the Ultimate Fighting Championship.
Andrew James Ronald Lindsay is a British Olympic gold medal-winning rower and the co-CEO of Telecom Plus, which owns Utility Warehouse.
Riverstone Holdings is a multinational private equity firm based in New York City focused on leveraged buyout, growth capital, and credit investments in the energy industry and electrical power industry sectors. The firm focuses on oil and gas exploration, midstream pipelines, electricity generation, energy and power services, energy and power technology, and renewable energy infrastructure and technology. Riverstone has raised approximately $41 billion since the firm's inception in 2000.
1Malaysia Development Berhad is an insolvent Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated).
Michael Edward Novogratz is an American investor, formerly of the investment firm Fortress Investment Group. He is currently CEO of Galaxy Investment Partners which focuses on investments in cryptocurrency.
Anthony Noto is an American businessman, the CEO of SoFi, and the former COO of Twitter.
Tim Leissner is a German-born investment banker and a former managing director at Goldman Sachs and chairman of the bank's Southeast Asia division. Leissner helped orchestrate the 1Malaysia Development Berhad scandal, one of the biggest financial scandals in history, in which billions of dollars were stolen. He was arrested in June 2018 in Washington, D.C., forced to pay a $43 million fine. As of 2020 he faced up to 25 years in prison but due to his cooperation has avoided spending any time in jail.
The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. Although it began 2009 in Malaysia, the scandal's global scope implicated institutions and individuals in politics, banking, and entertainment, and led to criminal investigations in a number of nations. The 1MDB scandal has been described as "one of the world's greatest financial scandals" and declared by the United States Department of Justice as the "largest kleptocracy case to date" in 2016.
David Michael Solomon is an American investment banker and the chief executive officer (CEO) of Goldman Sachs, a position he has held since October 2018. He has also been chairman of the bank since January 2019. Before assuming his role as CEO, Solomon was president and chief operating officer from January 2017 to September 2018, and was joint head of the investment banking division from July 2006 to December 2016. Solomon formally succeeded Lloyd Blankfein, the previous CEO, on October 1, 2018, and was named chairman after Blankfein's retirement.
Richard Gnodde is a South African investment banker. He is the vice chairman of Goldman Sachs and the chief executive officer of Goldman Sachs International.
Goldman Sachs, an investment bank, has been the subject of controversies. The company has been criticized for lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. It has also been criticized by its employees for 100-hour work weeks, high levels of employee dissatisfaction among first-year analysts, abusive treatment by superiors, a lack of mental health resources, and extremely high levels of stress in the workplace leading to physical discomfort.
Low Taek Jho, often called Jho Low, is a Malaysian businessman and international fugitive, wanted by authorities in connection with the 1Malaysia Development Berhad scandal. He has been named the mastermind of the massive fraud, which prosecutors allege was a scheme to siphon US$4.5 billion from 1MDB into Low's personal accounts. He is the beneficiary of numerous discretionary trust assets said by the US government to originate from payments out of the Malaysian 1MDB fund. Low has maintained his innocence and contends that Malaysian authorities are engaging in a campaign of harassment and political persecution due to his prior support of former Prime Minister Najib Razak, whose part in the 1MDB scandal had led to Najib being convicted on seven counts of abuse of power, money laundering and criminal breach of trust.
Boyu Capital is a Chinese private equity firm headquartered in Hong Kong with additional offices in Beijing, Shanghai and Singapore.