Richard Jenrette
From Wikipedia, the free encyclopedia
Richard Hampton Jenrette (April 5, 1929), born in Raleigh, NC, was one the founders of the Wall Street firm, Donaldson, Lufkin & Jenrette (DLJ). Jenrette founded DLJ in 1959 with William H. Donaldson, former chairman of the U.S. Securities and Exchange Commission, and Dan Lufkin. Under Jenrette's direction, the firm concentrated on in-depth analysis, creating a new industry standard for institutional investing.[citation needed] Jenrette was also instrumental in taking DLJ public in 1970, making it the first publicly traded investment firm in the United States.[1] Taking the helm of DLJ in 1973, Jenrette successfully shepherded the firm through a recession and a later sale to worldwide insurance leader, The Equitable,[2] where he served as Chairman and CEO from 1990 until 1996. Today, Jenrette restores historic old homes.[3] His published works include Jenrette: The Contrarian Manager and Adventures With Old Houses. Jenrette has lived with the same male partner for 20 years and rarely speaks of his status as a homosexual.[4]
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[edit] Scholastic and other honors
- University of North Carolina at Chapel Hill, A.B., 1951
- Harvard Business School, MBA, 1957
- Phi Beta Kappa
- Order of the Golden Fleece, University of North Carolina
- Hon. Doctor of Laws (University of North Carolina at Chapel Hill)
- Hon. Doctor of Laws (Hamilton College, Clinton, NY)
- Hon. Doctor of Laws (The Citadel, Charleston, SC)
- Hon. Doctor of Letters (The College of Charleston, University of SC)
- Harvard Business School Alumni Achievement Award (1984)
- University of North Carolina Distinguished Alumnus Award (1986)
- University of North Carolina William R. Davie Award (1999)
- American Assembly Service to Democracy Award-Dwight D. Eisenhower Medal (1993)
- Chevalier of the Legion of Honor by the President of France (1996)
- Fellow of the American Academy of Arts and Sciences (1999)
- National Trust for Historic Preservation Crowninshield Award (1996)
- World Monuments Fund Hadrian Award (1998)
- Alpha Sigma of Chi Psi Fraternity President
[edit] Professional affiliations
- New England Life Insurance Co., 1951–1953
- Brown Brothers Harriman & Co., 1957–1959
- Donaldson, Lufkin & Jenrette, Inc., 1959–1996 (Former Chairman & CEO)
- The Equitable Companies Incorporated, 1985–1996 (Former Chairman & CEO)
- Harvard University Board of Overseers
- The Duke Endowment, Trustee
- Classical American Homes Preservation Trust, Chairman
- Associates of the Harvard Business School, Director
