Thomas R. Nides

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Tom Nides
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2nd United States Deputy Secretary of State for Management and Resources
In office
January 3, 2011 February, 2013
President Barack Obama
Preceded by Jack Lew
Succeeded by Heather Higginbottom
Personal details
Born1961 (age 5758)
Duluth, Minnesota, U.S.
Political party Democratic
Spouse(s)Virginia Moseley
Alma mater University of Minnesota, Twin Cities

Thomas Richard Nides (born 1961 [1] ) is a Managing Director and Vice Chairman of Morgan Stanley. He serves as a member of the Firm’s Management Committee and Operating Committee [2] . Nides was previously the United States Deputy Secretary of State for Management and Resources, having been appointed by President Obama in 2010 [3] .

United States Federal republic in North America

The United States of America (USA), commonly known as the United States or America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles, the United States is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe's 3.9 million square miles. With a population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the largest city by population is New York City. Forty-eight states and the capital's federal district are contiguous in North America between Canada and Mexico. The State of Alaska is in the northwest corner of North America, bordered by Canada to the east and across the Bering Strait from Russia to the west. The State of Hawaii is an archipelago in the mid-Pacific Ocean. The U.S. territories are scattered about the Pacific Ocean and the Caribbean Sea, stretching across nine official time zones. The extremely diverse geography, climate, and wildlife of the United States make it one of the world's 17 megadiverse countries.

Deputy Secretary of State for Management and Resources Wikimedia list article

The Deputy Secretary of State for Management and Resources is the third in charge of the United States Department of State. Along with the other Deputy Secretary of State, the Deputy Secretary for Management and Resources is a principal advisor to the Secretary of State and shares in the global responsibility for US foreign policy. The Deputy Secretary for Management and Resources also has broad responsibilities for oversight and coordination of US foreign assistance and overseas diplomatic operations.

Contents

Biography

Thomas Richard Nides was born to a Jewish family in Duluth, Minnesota, [4] the son of Shirley (nee Gavronsky) and Arnold Richard Nides. [5] [6] His father was the founder of Nides Finance, a national consumer finance company, and president of Temple Israel and the Duluth Jewish Federation. [5] He was educated at the University of Minnesota. [4]

American Jews Ethnic group

American Jews, or Jewish Americans, are Americans who are Jews, whether by religion, ethnicity, or nationality. Today the Jewish community in the United States consists primarily of Ashkenazi Jews, who descend from diaspora Jewish populations of Central and Eastern Europe and comprise about 90-95% of the American Jewish population. Most American Ashkenazim are US-born, with a dwindling number of now-elderly earlier immigrants, as well as some more recent foreign-born immigrants.

Minnesota State of the United States of America

Minnesota is a state in the Upper Midwest, Great Lakes, and northern regions of the United States. Minnesota was admitted as the 32nd U.S. state on May 11, 1858, created from the eastern half of the Minnesota Territory. The state has a large number of lakes, and is known by the slogan the "Land of 10,000 Lakes". Its official motto is L'Étoile du Nord.

University of Minnesota public research university in Minneapolis and Saint Paul, Minnesota, United States

The University of Minnesota, Twin Cities is a public research university in Minneapolis and Saint Paul, Minnesota. The Minneapolis and St. Paul campuses are approximately 3 miles (4.8 km) apart, and the St. Paul campus is actually in neighboring Falcon Heights. It is the oldest and largest campus within the University of Minnesota system and has the sixth-largest main campus student body in the United States, with 50,943 students in 2018-19. The university is the flagship institution of the University of Minnesota system, and is organized into 19 colleges and schools, with sister campuses in Crookston, Duluth, Morris, and Rochester.

From 1986 to 1989, Nides worked for the Majority Whip of the United States House of Representatives, Rep. Tony Coelho (DCA-15). [7] He was a key staff member for Speaker Tom Foley (D—WA-5) from 1989 to 1993, and in 1994, he served as chief of staff of United States Trade Representative Mickey Kantor. [7]

United States House of Representatives lower house of the United States Congress

The United States House of Representatives is the Lower House of the United States Congress, the Senate being the Upper House. Together they compose the national legislature of the United States.

Tony Coelho American politician

Anthony Lee Coelho is an American politician from California who served in the United States House of Representatives. A member of the Democratic Party, he was the primary sponsor of the Americans with Disabilities Act and is a former chairman and current member of the board of directors of the Epilepsy Foundation.

Democratic Party (United States) Major political party in the United States

The Democratic Party is one of the two major contemporary political parties in the United States, along with its rival, the Republican Party. Tracing its heritage back to Thomas Jefferson and James Madison's Democratic-Republican Party, the modern-day Democratic Party was founded around 1828 by supporters of Andrew Jackson, making it the world's oldest active political party.

Nides joined Fannie Mae as Senior Vice President of Human Resources in 1998, holding this position until 2001. [7] He was then Chief Administrative Officer of Credit Suisse First Boston, the investment banking division of Zurich-based Credit Suisse Group, and Worldwide President and Chief Executive Officer of Burson-Marsteller [8] . From 2005 to 2010, he was Chief Operating Officer of Morgan Stanley. [4]

Fannie Mae Company

The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporation's purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities (MBS), allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations. Its brother organization is the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac. As of 2018, Fannie Mae is ranked #21 on the Fortune 500 rankings of the largest United States corporations by total revenue.

Credit Suisse Swiss bank

Credit Suisse Group AG is a Swiss multinational investment bank and financial services company founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the eight global "Bulge Bracket" banks providing services in investment banking, private banking, asset management, and shared services. Credit Suisse is known for its strict bank–client confidentiality and banking secrecy practices.

Morgan Stanley U.S investment bank

Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City. With offices in more than 42 countries and more than 55,000 employees, the firm's clients include corporations, governments, institutions and individuals. Morgan Stanley ranked No. 67 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

On September 29, 2010, President of the United States Barack Obama nominated Nides to be Deputy Secretary of State for Management and Resources. [9] He was confirmed by the Senate on December 22, 2010, and sworn into office on January 3, 2011. [4] For his service, Secretary Hillary Clinton awarded Nides the Secretary of State’s Distinguished Service Award in January 2013 – the nation’s highest diplomatic honor [10] .

President of the United States Head of state and of government of the United States

The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces.

Barack Obama 44th president of the United States

Barack Hussein Obama II is an American attorney and politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, he was the first African American to be elected to the presidency. He previously served as a U.S. senator from Illinois from 2005 to 2008.

Nides rejoined Morgan Stanley in March 2013 as Managing Director and Vice Chairman. He focuses on the Firm’s global clients and other key constituencies around the world and serves as a member of the Firm’s Management Committee and Operating Committee [11] .

Board Memberships

Nides serves on numerous non-profit boards including the International Rescue Committee [12] , the Partnership for Public Service [13] , the Atlantic Council [14] , and the Urban Alliance Foundation [15] . He is a Member of the Council on Foreign Relations [16] and is the former Chairman of the Board of the Woodrow Wilson Center, a leading non-partisan think tank. He was appointed to the Chairman position in September 2013 by President Obama [17] .

Personal life

In 1992, he married Virginia Carpenter Moseley. [18] Mosley is CNN’s Senior Vice President of newsgathering for the network’s U.S. operation [19] .

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Council on Foreign Relations think tank specializing in U.S. foreign policy and international affairs

The Council on Foreign Relations (CFR), founded in 1921, is a United States nonprofit think tank specializing in U.S. foreign policy and international affairs. It is headquartered in New York City, with an additional office in Washington, D.C. Its membership, which numbers 4,900, has included senior politicians, more than a dozen secretaries of state, CIA directors, bankers, lawyers, professors, and senior media figures.

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References

  1. According to this profile from The Washington Post Archived 2011-07-01 at the Wayback Machine , Nides was 49 in 2010.
  2. "Former Deputy Secretary of State Tom Nides Rejoins Morgan Stanley as Vice Chairman".
  3. "President Obama Announces More Key Administration Posts, 9/29/10".
  4. 1 2 3 4 Profile from State Dept.
  5. 1 2 "Obituary: Arnold Richard Nides" November 3, 2004
  6. "Obituary: Shirley Gavronsky Nides" January 14, 1999
  7. 1 2 3 Profile from LittleSis
  8. "Former Deputy Secretary of State Tom Nides Rejoins Morgan Stanley as Vice Chairman".
  9. White House Press Release, Sept. 29, 2010
  10. "Thomas R. Nides - LinkedIn".
  11. "Former Deputy Secretary of State Tom Nides Rejoins Morgan Stanley as Vice Chairman".
  12. "IRC Board of Directors and Overseers".
  13. "Partnership for Public Service History and Board".
  14. "Atlantic Council Board of Directors".
  15. "Urban Alliance Board Members".
  16. "Council on Foreign Relations Membership Roster".
  17. "Wilson Center".
  18. New York Times: "Virginia Moseley, Thomas Nides" June 15, 1992
  19. "Virginia Moseley - Senior Vice President of Newsgathering, CNN US".

Commons-logo.svg Media related to Thomas R. Nides at Wikimedia Commons

Political offices
Preceded by
Jack Lew
Deputy Secretary of State for Management and Resources
2011–2013
Succeeded by
Heather Higginbottom