Jack Perkowski | |
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Born | |
Alma mater | North Catholic High School Yale University Harvard Business School |
Occupation | author businessman |
Notable work | Managing the Dragon: How I’m Building a Billion Dollar Business in China (Crown Business; 2008) |
Title | JFP Holdings, Ltd. (managing partner) ASIMCO Technologies (former CEO & Chairman of the Board) |
Jack Perkowski is a Wall Street veteran, author, and the founder and Managing Partner of JFP Holdings, Ltd. [1] He is also the former CEO and Chairman of the Board of ASIMCO Technologies, an automotive components company in China. [2] He was one of the main characters in the Tim Clissold book, Mr. China, which detailed how the private equity fund he ran invested over US$400 million into China as the country first opened up to foreign direct investment. [3] The book chronicled the numerous ways the fund lost money. [4] In the end, the fund lost almost all of its money. [5]
Originally from Pittsburgh, Pennsylvania, Perkowski is a graduate of North Catholic High School. He attended Yale University on a football scholarship and received the Gordon Brown Memorial Prize, which is awarded each year to the outstanding member of the Junior Class. [6] After graduating from Yale in 1970, he attended Harvard Business School, where he received an MBA degree with high distinction and was designated a Baker Scholar.
Perkowski spent 21 years as an investment banker at Paine Webber, where he raised $300 million of equity for Paine Webber in the immediate aftermath of the stock market crash of October 19, 1987 known as Black Monday. [7]
In 1994, Jack Perkowski founded ASIMCO (Chinese:亚新科; pinyin:Yaxinke), an automotive components company based in Beijing, China. Under Perkowski's leadership, ASIMCO was twice named one of the “Ten Best Employers in China,”ranking third, in the last survey conducted by Hewitt Associates and 21st Century Business Herald.[ citation needed ] In 2008, he was named one of "30 Outstanding Entrepreneurs in China's Auto Components Industry Over the Country's 30 Years of Economic Reform," by China Auto News, the only foreigner to receive such distinction. [6]
In 2009, Jack Perkowski established JFP Holdings, a merchant bank for China, to help global companies develop and implement their China strategies and to assist Chinese companies develop global footprints. [8]
Jack Perkowski was mentioned in The World Is Flat: A Brief History of the Twenty-first Century by journalist and Pulitzer Prize winning author Thomas Friedman. [7] In 2008, he authored Managing the Dragon: How I’m Building a Billion Dollar Business in China, published by Crown Business.
Periodically, Perkowski contributes to the Morning Whistle newspaper owned by 21st Century Media. [9]
Magna International Inc. is a Canadian mobility technology company for automakers. It is one of the largest companies in Canada and was recognized on the 2020 Forbes Global 2000. The company is the largest automobile parts manufacturer in North America by sales of original equipment parts, it has ranked consistently in the Fortune Global 500 list for 20 years in a row since 2001. It produces automotive systems, assemblies, modules, and components, which are supplied to General Motors, Ford Motor Company and FCA, as well as BMW, Mercedes, Volkswagen, Toyota, Tesla, and Tata Motors, among others.
Magneti Marelli S.p.A. is an Italian developer and manufacturer of components for the automotive industry. The firm is headquartered in Corbetta, Italy, and includes 86 manufacturing plants, 12 R&D centres, and 26 application centers in 19 countries, with 43,000 employees and a turnover of 7.9 billion euro in 2016.
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Huachen Automotive Group Holdings Co. Ltd., known for its brand name Brilliance Auto Group, is a Chinese automobile manufacturer headquartered in Shenyang. Its products include automobiles, microvans, and automotive components. Its principal activity is the design, development, manufacture and sale of passenger cars sold under the Brilliance brand.
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National Car Rental is an American rental car agency based in Clayton, Missouri, United States. National is owned by Enterprise Holdings, along with other agencies including Enterprise Rent-A-Car, and Alamo Rent a Car. National typically caters to business travelers through its Emerald Club loyalty program that allows frequent customers to pick their own vehicles without stopping to fill out forms or deal with customer representatives.
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