Thomas R. Nides
Thomas Richard Nides (born 1961[1]) is an American banker and civil administrator who is currently Managing Director and Vice Chairman of Morgan Stanley. He serves as a member of the Firm’s Management Committee and Operating Committee[2]. Nides was previously the United States Deputy Secretary of State for Management and Resources, having been appointed by President Obama in 2010[3]. Described as a "Wall Street Fixer"[4], Nides has served in a variety of banking and governmental roles.
Tom Nides | |
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2nd United States Deputy Secretary of State for Management and Resources | |
In office January 3, 2011 – February, 2013 | |
President | Barack Obama |
Preceded by | Jack Lew |
Succeeded by | Heather Higginbottom |
Personal details | |
Born | Thomas Richard Nides 1961 (age 58–59) Duluth, Minnesota, U.S. |
Political party | Democratic |
Spouse(s) | Virginia Moseley |
Education | University of Minnesota, Twin Cities (BA) |
Early life and career
Thomas Richard Nides was born to a Jewish family in Duluth, Minnesota,[5] the son of Shirley (née Gavronsky) and Arnold Richard Nides.[6][7] His father was the founder of Nides Finance, a national consumer finance company, and president of Temple Israel and the Duluth Jewish Federation.[6] He was educated at the University of Minnesota.[5]
From 1986 to 1989, Nides worked for the Majority Whip of the United States House of Representatives, Rep. Tony Coelho (D—CA-15).[8] He was a key staff member for Speaker Tom Foley (D—WA-5) from 1989 to 1993, and in 1994, he served as chief of staff of United States Trade Representative Mickey Kantor.[8]
Banking career
Nides joined Fannie Mae as Senior Vice President of Human Resources in 1998, holding this position until 2001.[8] He was then Chief Administrative Officer of Credit Suisse First Boston, the investment banking division of Zurich-based Credit Suisse Group, and Worldwide President and Chief Executive Officer of Burson-Marsteller[9]. From 2005 to 2010, he was Chief Operating Officer of Morgan Stanley.[5]
Nides rejoined Morgan Stanley in March 2013 as Managing Director and Vice Chairman. He focuses on the Firm’s global clients and other key constituencies around the world and serves as a member of the Firm’s Management Committee and Operating Committee[10].
Government career
During the Clinton Administration, Nides served as chief of staff to U.S. Trade Representative Mickey Kantor[11]. In this capacity, Nides played a crucial role in the passage of the North American Free Trade Agreement (NAFTA)[12].
On September 29, 2010, President of the United States Barack Obama nominated Nides to be Deputy Secretary of State for Management and Resources.[13] He was confirmed by the Senate on December 22, 2010, and sworn into office on January 3, 2011.[5] For his service, Secretary Hillary Clinton awarded Nides the Secretary of State’s Distinguished Service Award in January 2013 – the nation’s highest diplomatic honor[14].
In 2016, Nides was considered for the role of White House Chief of Staff by Hillary Clinton had she won that year's presidential election[15], though she ended up losing to Donald Trump.
Board Memberships
Nides serves on numerous non-profit boards including the Atlantic Council[16], the International Rescue Committee[17], the Partnership for Public Service[18], and the Urban Alliance Foundation[19]. He is a Member of the Council on Foreign Relations[20] and is the former Chairman of the Board of the Woodrow Wilson Center, a leading non-partisan think tank. He was appointed to the Chairman position in September 2013 by President Obama[21].
Personal life
In 1992, he married Virginia Carpenter Moseley in an ecumenical ceremony.[22] Moseley is CNN’s Senior Vice President of newsgathering for the network’s U.S. operation[23].
References
- According to this profile from The Washington Post Archived 2011-07-01 at the Wayback Machine, Nides was 49 in 2010.
- "Former Deputy Secretary of State Tom Nides Rejoins Morgan Stanley as Vice Chairman".
- "President Obama Announces More Key Administration Posts, 9/29/10".
- Freed, Dan. "Wall Street Fixer Goes to Washington". TheStreet. Retrieved 2020-07-28.
- Profile from State Dept.
- "Obituary: Arnold Richard Nides" November 3, 2004
- "Obituary: Shirley Gavronsky Nides" January 14, 1999
- Profile from LittleSis
- "Former Deputy Secretary of State Tom Nides Rejoins Morgan Stanley as Vice Chairman".
- "Former Deputy Secretary of State Tom Nides Rejoins Morgan Stanley as Vice Chairman".
- MacGillis, Alec. "The Democrats' Fight Over Finance". The New Yorker. Retrieved 2020-07-28.
- MacGillis, Alec. "The Democrats' Fight Over Finance". The New Yorker. Retrieved 2020-07-28.
- White House Press Release, Sept. 29, 2010
- "Thomas R. Nides - LinkedIn".
- "Vilsack Could Play Key Role in Clinton Administration". AgNet West. 2016-08-05. Retrieved 2020-07-28.
- "Board of Directors". Atlantic Council. Retrieved 2020-02-12.
- "IRC Board of Directors and Overseers".
- "Partnership for Public Service History and Board".
- "Urban Alliance Board Members".
- "Council on Foreign Relations Membership Roster".
- "Wilson Center".
- New York Times: "Virginia Moseley, Thomas Nides" June 15, 1992
- "Virginia Moseley - Senior Vice President of Newsgathering, CNN US".
External links
Political offices | ||
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Preceded by Jack Lew |
Deputy Secretary of State for Management and Resources 2011–2013 |
Succeeded by Heather Higginbottom |