Background
McCarthy, Timothy Francis was born on September 19, 1951 in San Mateo County, California, United States. Son of Timothy Daniel and Helen Josephine McCarthy.
Financial services company executive
McCarthy, Timothy Francis was born on September 19, 1951 in San Mateo County, California, United States. Son of Timothy Daniel and Helen Josephine McCarthy.
He attended Aragon High School and Serra High School in San Mateo. He graduated from the University of California, Davis with a Bachelor of Arts in Economics and International Relations. McCarthy then graduated from Harvard University"s Graduate School of Business as a Baker Scholar, Harvard’s highest academic award.
McCarthy began his career in the financial services industry working at Merrill Lynch in New York from 1983 to 1987. He then moved onto Fidelity Investments in Boston, where he served as an executive from 1987 to 1994. While at Fidelity, McCarthy served as president of both the Fidelity Investment Advisor Group and the National Financial Institutional Services group, as well as director of International Brokerage Group.
McCarthy then worked as chief executive at Jardine Fleming Unit Trusts in Hong Kong from 1994 to 1995.
After a year at Jardine Fleming, McCarthy went to work at Charles Schwab in San Francisco, where he served as president for three years, until 1998. While at Schwab, McCarthy was one of the top three executives at the firm.
Following his departure from Schwab, McCarthy spent the next 12 years in Asia, first serving as chairman at Good Morning Securities Group in Seoul, South of Korea. After four years there, McCarthy spent eight years as chairman and Chief Executive Officer of Nikko Asset Management Company in Tokyo.
McCarthy currently serves on the board of directors for Sherpa Digital Media.
McCarthy earned a black belt in Kenpō karate when he was younger, and later ran a dojo in San Francisco. He has said that he used the philosophy he learned through karate and adapted it to his management style while working as a chief executive in the financial services industry.
Board of directors World Affairs Council, Boston, since 1989.
Married Kirsten Hydorn, September 13, 1981. Children: Priscilla, Madeleine, Timothy.