|United States Ambassador to Israel|
|Succeeding||David M. Friedman|
|2nd United States Deputy Secretary of State for Management and Resources|
January 3,2011 –February 15,2013
|Preceded by||Jack Lew|
|Succeeded by||Heather Higginbottom|
Thomas Richard Nides
1961 (age 59–60)
|Education||University of Minnesota (BA)|
Thomas Richard Nides (born 1961)is an American banker and government official who is the managing director and vice chairman of Morgan Stanley. He informed CEO James P. Gorman he would be departing from the firm effective July 1. He serves as a member of the firm's management and operating committee. From 2011 to 2013,Nides was previously appointed the United States Deputy Secretary of State for Management and Resources during the Barack Obama administration. He has served in various financial and governmental roles throughout his life.
In June 2021,Nides was officially nominated to be the United States Ambassador to Israel by President Joe Biden.
Thomas Richard Nides was born to a Jewish family in Duluth,Minnesota,the son of Shirley (née Gavronsky) and Arnold Richard Nides.He is the youngest of eight children. His father was the founder of Nides Finance,a national consumer finance company,and president of Temple Israel and the Duluth Jewish Federation.
He attended Duluth East High School,where he had an interest in politics. As a senior,he convinced then-Vice President Walter Mondale to speak at the high school graduation.He later graduated from the University of Minnesota with a major in political science.
During Nides' freshman year of college,he worked as an intern for Mondale.After graduating,he worked on Mondale's 1984 presidential campaign as the Midwest field director. Then,from 1986 to 1989,Nides worked for the Majority Whip of the United States House of Representatives,Tony Coelho;among other tasks,he was put in charge of managing House races for the 1986 midterms. After Coelho's resignation,Nides worked in the office of Speaker Tom Foley from 1989 to 1993. In 1994,during the Clinton Administration,he served as chief of staff for United States Trade Representative Mickey Kantor,where he played a crucial role in the passage of the North American Free Trade Agreement (NAFTA).
In 1994,Nides joined the Federal National Mortgage Association (Fannie Mae) as Senior Vice President,before briefly leaving in 1996 to work at Morgan Stanley.In 1997,he returned to Fannie Mae to resume a new position as Vice President of Human Resources,with him holding this position until 2001. From 2001 to 2004,he was then Chief Administrative Officer of Credit Suisse First Boston,the investment banking division of Zurich-based Credit Suisse Group,and later served for one year as Worldwide President and Chief Executive Officer of Burson-Marsteller. From 2005 to 2010,he was the COO of Morgan Stanley.
After voluntarily leaving his position at the State Department,Nides rejoined Morgan Stanley in March 2013 as managing director and vice chairman.He also became a member of Morgan Stanley's Operating and Management Committees with this job.
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 in the position,Secretary of State Hillary Clinton awarded Nides the Secretary of State's Distinguished Service Award in January 2013,the nation's highest diplomatic honor.
In 2016,Nides was expected to land a position in Hillary Clinton's 2016 campaign,although he declined to join.He was also considered for the role of White House Chief of Staff by Hillary Clinton had she won that year's presidential election.
Several months after the inauguration of President Joe Biden,Nides emerged as the front-runner candidate for ambassador to Israel.In May 2021,Biden privately offered the position to Nides,which he accepted. Biden officially announced the nomination on June 15,2021,alongside other ambassador picks. On June 23,2021,his nomination was sent to the Senate. On September 22,2021,a hearing on his nomination was held before the Senate Foreign Relations Committee. On October 19,2021,his nomination was reported favorably out of committee. On November 3,2021,he was confirmed by the United States Senate by voice vote. He is awaiting his swearing in and presentation of credentials.
Nides serves on numerous non-profit boards including the Atlantic Council,the International Rescue Committee, the Partnership for Public Service, 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,being appointed in September 2013 by President Obama and serving till 2017.
In 1992,he married Virginia Carpenter Moseley in an ecumenical ceremony. Nides and Moseley are parents to two children:a son and a daughter. Moseley is CNN's senior vice president of newsgathering for the network's U.S. operation.
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Mr. Nides, 31....
...Prior to joining Morgan Stanley, Mr. Nides served for one year as Worldwide President and Chief Executive Officer of Burson-Marsteller...From 2001 to 2004, Mr. Nides was Chief Administrative Officer of Credit Suisse First Boston, and served on the firm’s Executive Board.
Media related to Thomas R. Nides at Wikimedia Commons