Background
The son of John F. Hennessy and Octavia Tanksley, he was born on May 5, 1936 in Boston, Massachusetts.
chairman Financier philanthropist
The son of John F. Hennessy and Octavia Tanksley, he was born on May 5, 1936 in Boston, Massachusetts.
He was educated at the Roxbury Latin School, Harvard University (where he graduated magna cum laude), and the Massachusetts Institute of Technology Sloan School of Management.
Citibank After college in 1958, Hennessy joined The First National Citibank (now Citigroup), working in New York and South America. He eventually became the head of the bank"s West Coast of South America operations centered in Lima, Peru at the age of 28. The United States. Treasury After returning to school at Massachusetts Institute of Technology for two years, in September, 1970, Hennessy joined the United States Department of the Treasury as Deputy Assistant Security, responsible for International Economic Development.
On May 2, 1972, he was sworn in as Assistant Secretary for International Affairs, a Presidential appointment requiring the consent and approval of the United States Senate.
The First Boston Corporation, Cr Suisse First Boston (CSFB), Cr Suisse In July 1974, Hennessy left the United States. Treasury to join First Boston, one of wall street"s leading investment banking firms at the time. He spent the rest of his career in the firm, which subsequently was acquired by The Cr Suisse, Zurich.
In 1982, he became Chairman and Chief Executive Officer of the joint venture CSFB, Limited., London. In 1989, he became Chairman of Executive Committee and Chief Executive Officer of the merged global bank, Cr Suisse First Boston.
In 2001, he retired from the Bank to dedicate himself to philanthropic and not-for-profit activities, concentrating on education and programs in developing nations.
Other Board Member, Corning Incorporated. and Chairman of the Finance Committee, 1989-2008 Trustee, The Appeal of Conscience Foundation, 1992–Present Chairman, The Economic Club of New York (founded 1910), 2004-2006 Member, Massachusetts Institute of Technology Corporation, 1990-2000 Trustee, George H. West. Bush Presidential Library Foundation, 1994–Present Independent Inquiry (Volcker) Committee into United Nations Oil for Food Iraq program, led team to set up Baghdad office, May & August 2004 Company-Chairman, Safe Water Network, Incorporated., founded by Paul Newman to provide clean water to villages in Africa and India, 2005-2010 Advisory Board Member and Inaugural Speaker, The Legatum Center for Entrepreneurship and Development at Massachusetts Institute of Technology, 2008–Present Chairman, Care Corporate Council Trustee, Roxbury Latin School, 1975-1980. 1990-1995 Trustee, The Manhattan Institute, 1991- 2001 Company-Chairman, Shakespeare Globe Center United States of America, 1989 Established scholarships for Latin American students at Harvard University (3 students each year) and Massachusetts Institute of Technology (4 students each year) Established International Exchange and Travel program, Jarvis international lecture series, and program for 1 student to attend Eton College for 1 year post graduate studies President, Margarita and John Hennessy Family Foundation – grants for education and related initiatives.
Member of the Advisory Board of the Federal Reserve Bank of New York, 1990-2001
Member of the Twin Towers Fund to compensate the victims of 9/11/2001, 2001-2002
Member of the Visiting Committee, Harvard University, 1988-1993
Member of 5-man Blue Ribbon Committee on Future of Asian Development Bank, Chair Amartya Senator, Nobel Laureate (1988).