Jack Dorsey (born November 19, 1976) is an American computer programmer and entrepreneur widely known as a co-founder and CEO of Twitter, and as the founder and CEO of Square, a mobile payments company. In 2008, he was named to the MIT Technology Review TR35 as one of the top 35 innovators in the world under the age of 35. For 2012, The Wall Street Journal gave him the “Innovator of the Year Award” for technology.
Dorsey was born and raised in St. Louis, the son of Marcia (Smith) and Tim Dorsey. He is of part Italian descent. His father worked for a company that developed mass spectrometers and his mother was a homemaker. He was raised Catholic, and his uncle is a Catholic priest in Cincinnati. He went to Catholic high school, at Bishop DuBourg High School.
By age fourteen, Dorsey had become interested in dispatch routing. Some of the open source software he created in the area of dispatch logistics is still used by many taxi cab companies. Dorsey attended the Missouri University of Science and Technology before subsequently transferring to New York University, but he dropped out. He first came up with the idea that became Twitter at New York University. While working on dispatching as a programmer, he later moved to California.
In Oakland in 2000, Dorsey started his company to dispatch couriers, taxis, and emergency services from the Web. His other projects and ideas at this time included networks of medical devices and a “frictionless service market”. In July 2000, building on dispatching and inspired in part by LiveJournal and possibly by AOL Instant Messenger, he had the idea for a Web-based realtime status/short message communication service.
When he first saw implementations of instant messaging, Dorsey wondered whether the software’s user status output could be shared among friends easily. He approached Odeo, which at the time happened to be interested in text messaging. Dorsey and Biz Stone decided that SMS text suited the status message idea, and built a prototype of Twitter in about two weeks. The idea attracted many users at Odeo and investment from Evan Williams who had left Google after selling Pyra Labs and Blogger.
Williams, Stone and Noah Glass co-founded Obvious Corporation, which then spun off Twitter Inc. with Dorsey as the CEO. As chief executive officer, Dorsey saw the startup through two rounds of funding by the venture capitalists who backed the company. He reportedly lost his position for leaving work early to enjoy other pursuits such as yoga and fashion design.
As the service began to grow in popularity, Dorsey chose the improvement of uptime as top priority, even over creating revenue – which, as of 2008, Twitter was not designed to earn. Dorsey described the commercial use of Twitter and its API as two things that could lead to paid features. He describes his three guiding principles, which he says are shared by the company, as simplicity, constraint and craftsmanship.
On October 16, 2008, Williams took over the role of CEO, while Dorsey became chairman of the board. On March 28, 2011, Dorsey returned to Twitter as Executive Chairman after Dick Costolo replaced Williams as the CEO. On June 10, 2015, Costolo announced that he was resigning as CEO of Twitter effective July 1, 2015. Dorsey would assume the post of Interim CEO upon Costolo’s departure. He was named permanent CEO of Twitter on October 5, 2015. On the day after the controversy about Twitter’s new algorithms for tweets, Dorsey responded to the trend saying it was only a hoax.
In May 2016, Dorsey announced that Twitter would not count photos and links in the 140-character limit to free up more space for text. This move was an attempt to entice new users since the number of tweets per day was at an all-time low of about 300 million in January 2016 compared to about 500 million in September 2013 and its peak of 661 million in August 2014.
Dorsey developed a small business platform to accept debit and credit card payments on a mobile device called Square, released in May 2010. The small, square-shaped device attaches to iPhone, iPad, iPod Touch, or Android devices via the headphone jack, and as a mini card reader allows a person to swipe their card, choose an amount to transfer to the recipient and then sign their name for confirmation. Square is also a system for sending paperless receipts via text message or email, and is available as a free app for iOS and Android OS. The company grew from 10 employees in December 2009 to over a hundred employees by June 2011. Square’s office is located on Market Street in San Francisco. In September 2012, Business Insider magazine valued Square Inc. at $3.2 billion. Dorsey is CEO of Square, Inc. On October 14, 2015, Square filed for an IPO to be listed on the New York Stock Exchange.
He is the founder of Enterprise Rent-a-Car Company. He used to be a fighter jet pilot in World War II. He is now involved in philanthropic work, making donations to institutions like the Missouri Botanical Garden and the St. Louis Symphony Orchestra.
She inherited her wealth from her father, who co-founded the candy company called Mars, Inc. with her grandfather. She does not own any official position in the company, however. She is a graduate of Bryn Mawr College where she finished with a degree in Anthropology.
James E. “Jim” Thompson, GBS (born January 14, 1940) is the founder, chairman and chief executive of The Crown Worldwide Group.
Early life and education:
Thompson was born in Jersey City, New Jersey and raised in Bayonne. His father was in the United States Navy and Thompson visited and lived in many places during his childhood, including Guam. He eventually made his way to California and attended San Jose State University. While studying at San Jose State University, Thompson was a brother of Alpha Tau Omega (Epsilon Chi Chapter). After graduating with a Bachelor of Science degree in aeronautical engineering, Thompson formed what is now known as The Crown Worldwide Group.
Thompson established Crown’s first operation in 1965. Thompson was living in Japan at the time and recognized the need for an international moving service. With only US$1,000 in his bank account, he established Transport Services International in Yokohama. In 1970, the company expanded into Hong Kong and thereafter into other Asia Pacific locations. In 1975, Transport Services International became Crown Pacific, and by the early 1980s was established as the leading moving company in Asia. In later years, offices were established across America, Australasia and Europe, and the company was renamed Crown Worldwide Group.
Thompson was awarded the Gold Bauhinia Star, which is presented to eminent persons in Hong Kong who have given distinguished service to the community or who have rendered public or voluntary service of a very high degree of merit.
Organizations and charity work:
Lt. Gen Ma Chhoeun, adviser to the Cambodian prime minister, Hun Sen; Thompson and his sister, Hazel Joyce, honoring their mother Sadie
Following the opening of Crown’s facility in Phnom Penh, Cambodia, Thompson and his wife Sally traveled to the region, where it was brought to their attention that the village of Proa Chum needed a school. Thompson contacted the Cambodian government and agreed to provide the funds for a school, requesting that it be named in his mother’s honor. Early in 2008, Thompson announced the official opening of the Hun Sen Proa Chum Primary School in Phnom Penh.
Proa Chum Primary School:
Thompson is a member of the International Advisory Board of the San Jose State University Business School and serves as the chairman of HKTDC (Hong Kong Trade Development Council) Logistics Services Advisory Committee (where he also served as a council member from 2002 to 2004). He also served as a board member of Ocean Park Corporation for six years, a nature-themed amusement park with a mission to assist in the understanding and practice of wildlife conservation. Although Thompson retired from this post in June 2009, Crown continues to support Ocean Park through a variety of charitable activities and services.
Thompson is also a non-executive director of the board of The Wharf (Holdings), a member of the Investment Promotion Ambassador Scheme, as well as the Hong Kong Trade and Industry Advisory Board (TIAB) and the ICAC (Independent Commission Against Corruption) Advisory Committee on Corruption. He also served two terms as chairman of the American Chamber of Commerce, Hong Kong from 2002–2003.
Additionally, Thompson serves as a member of the Hong Kong Forum and Vision 2047 which are organizations that actively discuss Hong Kong issues with visiting politicians, journalists and academics. He is also a member of the board of the Hong Kong-America Centre and has been a delegate representing Hong Kong on numerous Hong Kong Trade Development Council trade missions around the world.
Thompson is a member of the Executive Committee of the Society for the Promotion of Hospice Care, is an advisory board member of The Salvation Army and a trustee of Outward Bound Hong Kong. He currently chairs the annual Hike for Hospice charity event.
Thompson and his wife, Sally, are also very active in the Changing Young Lives Foundation and have chaired and organized several fund raising events. Formerly known as Save the Children Hong Kong, Changing Young Lives is a long-established charity organization based in Hong Kong, with a focus on helping children.
James P. Gorman is Chairman and Chief Executive Officer of Morgan Stanley. He was formerly Co-President and Co-Head of Strategic Planning at the firm.
James P. Gorman joined Morgan Stanley in February 2006 as the President and Chief Operating Officer of the Global Wealth Management Group (GWMG). In October 2007, Gorman took on the additional role of Co-Head of Strategic Planning with Chief Financial Officer Colm Kelleher. In December 2007, he was named Co-President of Morgan Stanley, along with Walid Chammah, with the day-to-day responsibility for Wealth Management and Asset Management. In September 2009, it was announced he would become CEO of Morgan Stanley in January 2010. He also assumed the title of Chairman in January 2012 following the retirement of John J. Mack. Press reports indicate his compensation as Chairman and CEO was $9.75 million for 2012, with the New York Times reporting an increase to $18 million in 2013.
In 2009, he helped create the largest wealth management platform globally when he led the merger and integration of Morgan Stanley’s wealth management business with Citi’s Smith Barney business. Structured as a staggered acquisition, Morgan Stanley purchased the remainder of the joint venture in June 2013, and is a global leader in wealth management with over 16,000 financial advisors and $1.8 trillion in client assets.
Prior to joining Morgan Stanley in February 2006, Gorman held a succession of executive positions at Merrill Lynch, including leading from 2001 to 2005 the company’s U.S. and, subsequently, global private client businesses. He joined Merrill Lynch in 1999 as Chief Marketing Officer, and also served as head of Strategy and Research. Before joining Merrill Lynch, Gorman served as a senior partner of McKinsey & Company, where he was a member of the financial services practice, and as an attorney in Melbourne.
In 2014 he was included in the 50 Most Influential ranking of Bloomberg Markets Magazine.
A native of Australia, Gorman attended Xavier College, and earned his Bachelor of Arts and Bachelor of Laws from the University of Melbourne, where he was a residential member and president of Newman College. In 1982 he joined law firm Phillips Fox and Masel (now DLA Phillips Fox) before heading to the United States to obtain a Master of Business Administration from Columbia Business School. While at Columbia he was a resident at International House of New York.
Among his civic activities, Gorman serves on the Federal Advisory Council to the U.S. Federal Reserve Board, the Board of Overseers of the Columbia Business School, the Monetary Authority of Singapore International Advisory Panel, the Financial Services Forum, the Boards of the Partnership for New York City, and the Institute of International Finance. He formerly co-chaired the Business Committee of the Metropolitan Museum of Art and served on the board and as Chairman (2006) of the Securities Industry and Financial Markets Association in Washington, D.C..
Gorman lives on the Upper East Side of Manhattan, with his wife of over 20 years, Penny, and their two children. His daughter Caroline Gorman is in the band Madness and the Film.
He is the founder of Renaissance Technologies, a hedge fund company. He is a trustee of the Brookhaven National Laboratory, the Institute for Advanced Study at Rockefeller University and the Mathematical Research Institute at Berkeley. He is also a board member at the MIT.
James “Jamie” Dimon ( born March 13, 1956) is an American business executive. He is chairman, president and chief executive officer of JPMorgan Chase, largest of the Big Four American banks, and previously served on the Board of Directors of the Federal Reserve Bank of New York. Dimon was named to Time magazine’s 2006, 2008, 2009, and 2011 lists of the world’s 100 most influential people. He was also named to Institutional Investor’s Best CEOs list in the All-America Executive Team Survey from 2008 through 2011.
He received a $23 million pay package for fiscal year 2011, more than any other bank CEO in the United States. Dimon received $20 million in compensation for his work in fiscal year 2013.
In the case of the 2012 JPMorgan Chase trading loss, according to a US Senate report published in March 2013 after 9 months of investigation, Dimon misled investors and regulators in April as losses rose dangerously to $6.2 billion on a “monstrous” derivatives bet made by the so-called “London Whale” Bruno Iksil.
In a power struggle, Weill left American Express in 1985 and Dimon followed him. The two then took over Commercial Credit, a consumer finance company, from Control Data. Dimon served as the chief financial officer, helping to turn the company around. Through a series of unprecedented mergers and acquisitions, in 1998 Dimon and Weill were able to form the largest financial services conglomerate the world had ever seen, Citigroup. Dimon left Citigroup in November 1998, after being asked to resign by Weill during a weekend executive retreat.It was rumored at the time that he and Weill argued in 1997 over Dimon’s not promoting Weill’s daughter, Jessica M. Bibliowicz, although that happened over a year before Dimon’s departure. At least one other account cites a request by Dimon to be treated as an equal as the real reason. In his 2005 University of Chicago Graduate School of Business Fireside Chat and 2006 Kellogg School of Management interviews, Dimon confirmed that Weill fired him.
In March 2000, Dimon became CEO of Bank One, the nation’s fifth largest bank.When JPMorgan Chase purchased Bank One in July 2004, Dimon became president and chief operating officer of the combined company.
On December 31, 2005, he was named chief executive officer of JPMorgan Chase and on December 31, 2006, he was named chairman of the board.
In March 2008 he was a Class A board member of the Federal Reserve Bank of New York.
Under Dimon’s leadership, with the acquisitions during his tenure, JPMorgan Chase has become the leading U.S. bank in domestic assets under management, market capitalization value, and publicly traded stock value. JPMorgan Chase is also the No. 1 credit card provider in the U.S.
In 2009, Dimon was considered one of “The TopGun CEOs” by Brendan Wood International, an advisory agency.
On September 26, 2011, Dimon was involved in a high-profile heated exchange with Mark Carney, the governor of the Bank of Canada, in which Dimon said provisions of the Basel III international financial regulations discriminate against U.S. banks and are “anti-American”.
On May 10, 2012, JPMorgan Chase initiated an emergency conference call to report a loss of at least $2 billion in trades that Dimon said were “designed to hedge the bank’s overall credit risks”. The strategy was, in Dimon’s words, “flawed, complex, poorly reviewed, poorly executed, and poorly monitored”.The episode is being investigated by the Federal Reserve, the SEC, and the FBI.
Dimon commented on the Volcker Rule in January 2012, “Part of the Volcker Rule I agreed with, which is no prop trading. But market making is an essential function. And the public should recognize that we have the widest, the deepest, the most transparent capital markets in the world. And part of that is because we have enormous market making. If the rules were written as they originally came out; I suspect they’ll be changed, it would really make it hard to be a market maker in the United States.”
He served as Chairman of the Executive Committee of The Business Council for 2011 and 2012.
In October 2013, it was reported that Dimon had given up his role as chairman of JP Morgan’s main banking business to be succeeded by former Johnson & Johnson chief executive William Weldon. Dimon retained his roles as chairman and CEO of the parent company.
On January 24, 2014 it was announced that Dimon would receive $20 million for his work in 2013, a year of record profits and stock price under Dimon’s reign, despite significant losses that year due to scandals and payments of fines. The award was a 74% raise, which included over $18 million in restricted stock. Forbes reported that, in a statement following news of Dimon’s compensation, the bank said, “Under Mr. Dimon’s stewardship, the Company has fortified its control infrastructure and processes and strengthened each of its key businesses while continuing to focus on strengthening the Company’s leadership capabilities across all levels.
Jane Silber is Chief Executive Officer at Canonical Ltd. since March 2010, replacing Mark Shuttleworth. Silber is also on the board of open data startup ScraperWiki, where she serves as chair.
Silber joined Canonical in July 2004, where her work has included leading the Ubuntu One project and ensuring that large organizations find Ubuntu “enterprise-ready”. She partially attributes the increasing attention to user research and design in open source since 2009 to Canonical’s leadership in this area.Her previous roles include Vice President of Interactive Television Company and Vice President of General Dynamics C4 Systems. She has also worked in Japan for Teijin Ltd conducting artificial intelligence research and product development, and in the US at General Health, a health risk assessment firm.
She holds an MBA degree from Oxford University’s Saïd Business School, an MSc degree in Management of Technology from Vanderbilt University, where she concentrated on machine learning and artificial intelligence work, and a BSc degree in Mathematics and Computer Science from Haverford College.
Janet L. Robinson (born June 11, 1950) is an American publishing executive who became president and chief executive officer of The New York Times Company on December 27, 2004 and retired from that position on December 31, 2011.
New York Times:
She joined the Times Company in June 1983 as an account executive at Tennis magazine. Robinson was national resort and travel manager of Golf Digest/Tennis in May 1985 and the advertising director of Tennis magazine from September 1987 until August 1990.
Robinson served as group senior vice president for the advertising sales and marketing unit of company’s Women’s Magazine Group (which has since been sold) since January 1992, vice president and director of advertising from May until December 1994, senior vice president of the group from January 1995 until 1996, and she was senior vice president of advertising. In this capacity, Robinson was also responsible for overall advertising sales at the newspaper.
From February 2001 until January 2004, she served as senior vice president and held the position as president and general manager of The New York Times newspaper from 1996 until 2004.
On December 27, 2004, Robinson was named president and C.E.O. of The New York Times Company and elected as a director of the Company.
Robinson unexpectedly announced her year-end retirement from the Times on December 15, 2011 after twenty-eight years with the company. Her severance package valued at about $23 million was disclosed on March 9, 2012 in the company’s regulatory filing. The reasons behind her retirement were undisclosed and fostered questions by business analysts and observers suggesting her departure resulted from personal conflicts with Times publisher Arthur Sulzberger Jr.
Sulzberger Jr. filled in as C.E.O. of the Times Company until the search for a permanent successor was completed with the choice of Mark Thompson.
She is the chairman of the Carnegie Corporation of New York, a member of International Advisory Board of Fleishman Hillard, Chairman of the Presidential Board of Trustees of Salve Regina University and a member of the Leadership Committee for The Lincoln Center Consolidated Corporate Fund. She is the Chair of the Ad Council Campaign Selection Committee, a Trustee for the University of Rhode Island Oceanography Graduate School and a Trustee of the Preservation Society of Newport County.
She was on the board of New England Sports Ventures, and was vice chairman of the board of the Liberty Science Center, Jersey City, New Jersey. In 2008 she joined the advisory board for New York Women in Communications, Inc. (NYWICI). She was the chairman of the Advertising Council from 2004 until 2005, and served as chairman of the Board of Directors of the American Advertising Federation from 1999 until 2000. From 2001 to 2009 was on the board of the Newspaper Association of America.
She has been included many times in Forbes magazine’s list of 100 Most Powerful Women in the World. She was included on Crain’s New York Business’s 100 Most Influential Women in New York City Business list and on its 50 Most Powerful Women in New York list. Robinson was named to Fortune magazine’s annual survey of the 50 Most Powerful Women in Business, and she was also named to the Financial Times’s list of 50 Top Women in World Business.
She received a 2009 National Association of Female Executives (NAFE) Women of Excellence award and a 2009 CEO Diversity Leadership Award from Diversity Best Practices, and she was named to the list of “Women Worth Watching in 2010” for Profiles in Diversity Journal. She has received the Association for Women in Communications, Inc., Matrix Award in April 1998, given to women who have distinguished themselves in the communications field for exceptional achievement, in this case, in the area of newspapers. In February 1997, she was named by Advertising Age as one of “25 Women to Watch” among the most prominent women in advertising, marketing and media.
He is the founder and CEO of the online merchant Amazon.com, Inc. The site started out as a seller of books before eventually expanding into a wide gamut of products. It is now the largest retailer in the Internet and considered as the model for online sales.