|2nd United States Deputy Secretary of State for Management and Resources|
January 3, 2011 –February, 2013
|Preceded by||Jack Lew|
|Succeeded by||Heather Higginbottom|
|Born||1961 (age 57–58)|
Duluth, Minnesota, U.S.
|Alma mater||University of Minnesota, Twin Cities|
Thomas Richard Nides (born 1961) is a Managing Director and Vice Chairman of Morgan Stanley. He serves as a member of the Firm’s Management Committee and Operating Committee . Nides was previously the United States Deputy Secretary of State for Management and Resources, having been appointed by President Obama in 2010 .
The United States of America (USA), commonly known as the United States or simply 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. Most of the country is located in central North America between Canada and Mexico. With an estimated population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the most populous city is New York City.
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.
Thomas Richard Nides was born to a Jewish family in Duluth, Minnesota,the son of Shirley (nee Gavronsky) and Arnold Richard Nides. His father was the founder of Nides Finance, a national consumer finance company, and president of Temple Israel and the Duluth Jewish Federation. He was educated at the University of Minnesota.
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 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 many lakes, and is known as the "Land of 10,000 Lakes". Its official motto is L'Étoile du Nord.
The University of Minnesota, Twin Cities is a public research university in Minneapolis and Saint Paul, MN. The Twin Cities campus comprises locations in Minneapolis and St. Paul approximately 3 miles (4.8 km) apart, and the St. Paul location is in neighboring Falcon Heights. The Twin Cities campus is the oldest and largest in the University of Minnesota system and has the sixth-largest main campus student body in the United States, with 51,327 students in 2019-20. It is the flagship institution of the University of Minnesota System, and is organized into 19 colleges, schools, and other major academic units.
From 1986 to 1989, Nides worked for the Majority Whip of the United States House of Representatives, Rep. Tony Coelho (D—CA-15).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.
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.
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.
The Democratic Party is one of the two major contemporary political parties in the United States, along with its main 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.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 . From 2005 to 2010, he was Chief Operating Officer of Morgan Stanley.
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 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 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 60,000 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.He was confirmed by the Senate on December 22, 2010, and sworn into office on January 3, 2011. 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 .
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 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 and an Illinois state senator from 1997 to 2004.
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.
Nides serves on numerous non-profit boards including the International Rescue Committee, the Partnership for Public Service , the Atlantic Council , and the Urban Alliance Foundation . He is a Member of the Council on Foreign Relations 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 .
In 1992, he married Virginia Carpenter Moseley in an ecumenical ceremony.Mosley is CNN’s Senior Vice President of newsgathering for the network’s U.S. operation .
Corporate titles or business titles are given to company and organization officials to show what duties and responsibilities they have in the organization. Such titles are used by publicly and privately held for-profit corporations. In addition, many non-profit organizations, educational institutions, partnerships, and sole proprietorships also confer corporate titles.
The White House National Security Council (NSC) is the principal forum used by the President of the United States for consideration of national security, military, and foreign policy matters with senior national security advisors and Cabinet officials and is part of the Executive Office of the President of the United States. Since its inception under Harry S. Truman, the function of the Council has been to advise and assist the President on national security and foreign policies. The Council also serves as the President's principal arm for coordinating these policies among various government agencies. The Council has counterparts in the national security councils of many other nations.
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. It is known for its neoconservative and neoliberal leanings.
John J. Mack is a Senior Advisor to the investment firm Kohlberg Kravis Roberts and the former CEO & Chairman of the Board at Morgan Stanley, the New York-based investment bank and brokerage firm.
Ulrich Körner is a Swiss-German business person. He is President UBS Asset Management, President UBS Group EMEA and a member of UBS's Group Executive Board.
Richard Harris Clarida is an American economist and Vice Chairman of the Federal Reserve. He is the C. Lowell Harriss Professor of Economics and International Affairs at Columbia University and, until September 2018, Global Strategic Advisor for PIMCO. He is notable for his contributions to dynamic stochastic general equilibrium theory and international monetary economics. He is a former Assistant Secretary of the Treasury for Economic Policy and is a recipient of the Treasury Medal.
The Defense Policy Board Advisory Committee, also referred to as the Defense Policy Board, is a federal advisory committee to the United States Department of Defense. Their charter is available online through the office of the Director of Administration and Management of the Department of Defense. The committee type is discretionary.
Ruth Porat is an American business executive, who is chief financial officer (CFO) of Alphabet Inc. and its subsidiary Google. Porat was CFO and executive vice president of Morgan Stanley from January 2010 to May 2015.
The Queen's Birthday Honours 1958 were appointments in many of the Commonwealth realms of Queen Elizabeth II to various orders and honours to reward and highlight good works by citizens of those countries. The appointments were made to celebrate the official birthday of The Queen. They were published on 3 June 1958 for the United Kingdom and Colonies, Australia, New Zealand, Ghana, and the Federation of Rhodesia and Nyasaland.
The Queen's Birthday Honours 1960 were appointments in many of the Commonwealth realms of Queen Elizabeth II to various orders and honours to reward and highlight good works by citizens of those countries. They were announced in supplements to the London Gazette of 3 June 1960 for the United Kingdom, Australia, New Zealand, Ghana, and the Federation of Rhodesia and Nyasaland.
The Queen's Birthday Honours 1961 were appointments in many of the Commonwealth realms of Queen Elizabeth II to various orders and honours to reward and highlight good works by citizens of those countries.
The 1931 New Year Honours were appointments by King George V to various orders and honours to reward and highlight good works by citizens of the United Kingdom and British Empire. They were announced on 30 December 1930.
The 1949 New Year Honours were appointments by many of the Commonwealth realms of King George VI to various orders and honours to reward and highlight good works by citizens of those countries. They were announced in supplements to the London Gazette of 31 December 1948 for the British Empire, New Zealand, India, and Ceylon to celebrate the past year and mark the beginning of 1949.
The 1926 Birthday Honours were appointments by King George V to various orders and honours to reward and highlight good works by citizens of the British Empire. The appointments were made to celebrate the official birthday of The King on 3 June, but it was announced on 20 May that due to the national strike, the King had approved the Prime Minister's recommendation to delay the publication of the list until 3 July 1926. The honours were effective to 5 June 1926. Per standard practice, Sir Paul Chater, who died 27 May 1926, still received the honour of Knight Commander of the Order of the British Empire as he would have received the honour if he had survived.
The 1934 New Year Honours were appointments by King George V to various orders and honours to reward and highlight good works by citizens of the United Kingdom and British Empire. They were announced on 29 December 1933.
The 1925 Birthday Honours were appointments by King George V to various orders and honours to reward and highlight good works by citizens of the British Empire. The appointments were made to celebrate the official birthday of The King, and were published in The London Gazette on 3 June 1925.
The Bilderberg Conference 2010 took place at June 3–6, 2010, and were held in Sitges, Spain at Hotel Dolce.
| Deputy Secretary of State for Management and Resources |