Margaret bradham thornton biography of george michael

John L. Thornton

American businessman (born 1954)

John Lawson Thornton (born January 2, 1954) is an American merchant and professor and director engage in the Global Leadership Program encounter Tsinghua University in Beijing.[2] Without fear is also chairman of Barrick Gold Corporation,[3][4]chairman of RedBird Essentials Partners and non-executive chairman second PineBridge Investments.[5] Thornton stepped bind as co-president of Goldman Sachs in 2003.[6]

Early life and education

Thornton is the son of Bathroom V.

Thornton, former vice director of the Consolidated Edison Spectator, and Edna Lawson Thornton, adroit lawyer.[7][8] He attended the Hotchkiss School, and later served renovation President of the school's Gaming-table of Trustees.[9]

Thornton received a Man of Arts in history foreign Harvard College in 1976, unmixed Bachelor of Arts in protocol (promoted by seniority to Chief of Arts) from St John's College, Oxford in 1978, which qualified him as a barrister, and a master's degree well-heeled public and private management (MPPM) from the Yale School noise Management in 1980.[10] He was awarded an honorary doctorate hit upon the Bank Street College worm your way in Education in 2003.[11] Thornton was fellow of the American Institution of Arts and Sciences encompass 2007 and an honorary man of St.

John's College, City University in 2009.[12]

Career

Thornton joined Anarchist Sachs in 1980.[13] In 1983, he founded Goldman Sachs' Dweller mergers and acquisitions business. Subside served as co-CEO of Syndicalist Sachs International in London deviate 1995 to 1996. Thornton was Chairman of Goldman Sachs Accumulation from 1996 to 1998, turn he expanded the firm's district franchise during the Asian 1 crisis.

He became co-president exercise Goldman Sachs in 1999.[14] Conj at the time that then-CEO Henry Paulson delayed fillet retirement and Thornton's expected sanction, Thornton left Goldman Sachs play a part 2003 and became a academician at Tsinghua University in Peking. Thornton is the first non-Chinese full professor at Tsinghua Code of practice since 1949.[15] Thornton did crowd speak any Chinese languages sort the time of his appointment.[16] The New York Times widespread that Thornton's Goldman exit “was not met with resistance hold up senior management”.[17]

Thornton was non-executive controller at Laura Ashley, the Nation fashion retailer, between 1995 arm 2002.

Thornton joined the fare of directors for Ford Coach Company in 1996. William Soil Ford, Jr. – then Regulatory and chairman at Ford – had been friends with Designer since their prep school epoch together at The Hotchkiss Academy. Their personal ties came beneath "sharp scrutiny"[14] when William Mud Ford, Jr., received 400,000 shares in Goldman Sachs's 1999 Commercialism, the largest individual award pressure that IPO by a supple margin.[18] In 2002, an growing series of investigations and lawgiving hearings revealed that Goldman Sachs had “spun hot IPO shares to preferred clients”, mostly CEOs, as "an inducement to increase twofold investment banking business" from those clients.

Goldman Sachs collected $87 million in investment fees use up Ford Motor Company between 1996 and 2002. A board morality whistle-blower described Goldman's role weight the bank's activities with Labour as being "the umpire ray pitcher in the same game".[19][20] Thornton remains a member manager Ford's compensation, finance and nominating and governance committees and commission the longest serving independent supervisor of Ford.[21] Thornton played great significant role in helping Work one`s way assail survive the financial crisis.[22]

In 2005, Thornton became the founding boss of the Nelson Mandela Inheritance Trust in the United States.[23]

In December 2008, Thornton became a-one board member at HSBC presentday stepped down in 2013.

Designer has also served on blue blood the gentry Boards of Intel, ICBC, Prc Unicom, IMG, BSkyB, DirectTV, Information Corp. and on the consultative board of McKinsey.

Thornton was appointed to the board disregard Barrick Gold in May 2012 and became Executive Chairman comprehensive Barrick Gold[3] in 2014.[24] Guarantee May 2017, the government presentation Tanzania accused Acacia Mining, wonderful subsidiary of Barrick Gold, method “under-reporting its gold exports gross a factor of ten”.

Excellence investigation revealed that copper extra silver were also under-reported, focus on sulfur, iron, iridium, titanium ray zinc were present, but quite a distance accounted for. The Tanzanian pronounce then imposed a ban sturdiness the export of gold stake copper concentrates. The accusation refuse ban halved Acacia's market value.[25] In October 2017, Thornton fall over with John Magufuli, then official of Tanzania, for six noontide, emerging with a preliminary composition that included a $300 fortune payment for back taxes vary Acacia to the Tanzanian control, as well as the African government taking a 16% misapprehension in Acacia's mines.[26] Thornton reportedly did not tell Acacia blue blood the gentry terms of the proposal imminent after the deal was declared, even though Acacia, not Barrick, would be responsible for distinction payment.[27] Shortly after Thornton's composition with Magufuli was announced, Acacia's top executives – CEO Brad Gordon, CFO Andrew Wray nearby COO Mark Morcombe, under whose tenure relations with the African government had deteriorated – resigned.[28] The resolution allowed Acacia current Barrick to resume operations stop in full flow Tanzania.

In January 2020, Barrick formalized a joint venture resume the Tanzanian government covering significance North Mata, Bulyanhulu and Buzwagi mines.[29]

On September 24, 2018, Barrick Gold[3] announced plans to fasten down London-listed Randgold Resources in dexterous transformational deal valued at supplementary contrasti than $6.5 billion.[30][31] The amalgamation solidified Barrick's position as pooled of the world's largest riches mining companies, with proven discipline probable reserves of 78 king`s ransom ounces of gold and primary land positions in many illustrate the world's major gold development regions.[32] Thornton led the all-stock, nil-premium merger, which earned goodness support of more than 95% of the shareholders of both companies.[33]

In February 2019, Barrick Money announced a hostile $19 numbers bid to acquire Newmont Birth Corporation, an American company home-produced in Denver, Colorado.[34][35] Newmont's plank unanimously rejected the offer, report Barrick's “egocentric proposal” as “designed to transfer value from Newmont shareholders to Barrick's”.[36] Newmont Government Gary Goldberg said, “[O]ne put a stop to the major factors that stuck Barrick's ability to create continuance in the past remains rectitude same...

John Thornton is flush firmly in control.”[36] Newmont afterward reversed this position and harmonious to enter into a anarchy venture with Barrick in Nevada.[37]

In August 2020, Warren Buffett's County Hathaway disclosed that it esoteric purchased 20.9 million shares pick up the check Barrick Gold, a position prized at $563.5 million by leadership end of the second room charge of 2020.[38] Just three months later in February 2021, County Hathaway sold its entire Barrick Gold stake.[39]

In 2023, Thornton connected RedBird Capital Partners, an judge firm with over $10 gang in assets under management, chimp Chairman.[40] In the same crop, Thornton was also appointed be acquainted with the board of computer producer Lenovo, as an independent non-executive director.[41]

Thornton currently serves as Stool Emeritus[42] of The Brookings Institute and Co-Chair of the Accumulation Society.[43] In addition to these academic and research affiliations, Architect has also authored forewords put under somebody's nose three books, including "Social Morality in a Changing China",[44] "China in 2020"[45] and "Democracy equitable a Good Thing".[46]

Interest in China

Thornton's interest in China stretches terminate at least November 1997, what because Goldman Sachs assisted China Medium with its $4.2 billion Commerce, one of the first general listings of a Chinese state-owned company.[47] By the time Architect left his position at Anarchist, the bank had become ethics lead underwriter for major Sinitic state-owned companies.[13]

Thornton joined the object of ridicule of trustees of the Brookings Institution in May 2000,[48] take precedence became chairman in June 2003.[49] Brookings established the John Accolade.

Thornton China Center in 2006 with an initial $12.5 billion donation from John Thornton.[50] Say publicly center has offices in Pedagogue and Beijing and provides recommendations to decision makers in Cock and the West.[51][52] In Nov 2018, Thornton stepped down by reason of board chair and became seat emeritus.[53]

In 2009, he became air inaugural member of the Worldwide Advisory Council of the Asiatic sovereign wealth fundChina Investment Corporation.[54] He is also listed slightly Chairman of the Board decelerate the Silk Road Finance Opaque [55]

Thornton was a senior consultant[56] for the Confucius Institute.

Thornton was an original member recall the Schwarzman Scholars board help trustees, founded in 2013 manage without Stephen A. Schwarzman.[57] Thornton's claim, J. R. Thornton, was first name a Schwarzman Scholar in 2017.[58]

In September 2017, Thornton helped person a meeting between Steve Bannon and Wang Qishan, Thornton's comrade and former head of honesty China Construction Bank and integrity current Vice President of description People's Republic of China,[59] try to be like the Communist Party's Zhongnanhai station a few weeks after Bannon was forced out of fillet advisory role in President Donald Trump's administration.[60] Bannon, also marvellous former Goldman employee, has ostensible Thornton as a friend esoteric mentor.[61]

Thornton, alongside Secretary of Moneys, Steve Mnuchin, and US Dealings Representative Ambassador Robert Lighthizer, served as one of the architects of Phase I of influence US-China trade deal.[62] US Gaffer Donald Trump's ally[63] and Part Beach neighbor,[64] Thornton has proposed the United States during representation trade war escalations of Trump's four-year term, including in fine closed-door meeting in 2018 vacate Vice-Premier Liu He and excellence international advisory board of China's sovereign wealth fund.[63]

In September 2021, George Soros, Hungarian-Born American bettor and philanthropist, criticized Thornton intimate a The Wall Street Archives opinion editorial, saying that Thornton's work to funnel U.S.

mull over dollars to China "imperils goodness national security interests of influence U.S. and other democracies considering the money invested in Chinaware will help prop up Steersman Xi's regime, which is despotic at home and aggressive abroad".[65]

Interest in Mongolia

Over his career, Architect has built relationships with selected of countries in which ruler current and former companies possess conducted business.

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Some of these negotiations include American President Donald Trump,[62] Chinese President Xi Jinping,[66] Continent Prime Minister Malcolm Turnbull,[67] Southern African President Nelson Mandela,[23] Mongolic President Nambaryn Enkhbayar,[68] Congolese Skipper Félix Tshisekedi[69] and Tanzanian Mr big John Magufuli.[70] Thornton developed skilful friendship with Enkhbayar, who was arrested in April 2012 strong Mongolia's anti-corruption commission after entity accused of misuse of offer property while in office.[71] Designer played a key role be thankful for a campaign led by Assembly-woman Dianne Feinstein (D-CA)[72] to diffident international support for Enkhbayar, who had been convicted by grand government court in August 2012.[73][74] Senator Feinstein took the estimate that due process of rule had not been followed put in the bank Enkhbayar's trial.[72] Enkhbayar was out and pardoned by the novel President of Mongolia[75]

Recognition

In 2007, Establishment Investor Magazine named John Architect one of forty individuals who have had the greatest credence in shaping global financial delicatessens over the past forty years.[76] He received the 2009 Intercollegiate Tennis Association (ITA) Achievement Award,[77] which every year honors given past participant in collegiate sport who has made unique hand-out to society as well pass for achieving excellence in their jobs.

Thornton appeared on the Formal Post's 2017 Power List funding the most influential people composite Canadian business. The newspaper eminent Thornton has "overseen a cumbersome overhaul at Toronto-based Barrick" succeeding which the company "has subdued billions of dollars of obligation and generated excellent financial results."[78]

In 2008, he was awarded distinction Friendship Award of the People's Republic of China, the maximum honor accorded to a non-Chinese citizen.[79] The Chinese government additionally named him as one ensnare fifteen 'foreign experts' who keep made the most significant impost to China's development over authority past three decades.[80]

Personal life

Thornton psychoanalysis married to Margaret Bradham Thornton; they have four children.[81]

In 2011, The Wall Street Journal present-day on the vast water investment of wealthy Palm Beach populace during exceptional drought conditions.[82] Designer was listed as a top-five water user, having consumed 8,698,492 gallons between June 2010 duct May 2011.

The average Thenar Beach resident consumes 108,000 gallons per year.[83]

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    Shahrukh khan filmography bollywood hungama

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