Eric Gleacher Bio and His Path to Success

Author

Reads 2.4K

Reliefs on Wall of New York Stock Exchange Building
Credit: pexels.com, Reliefs on Wall of New York Stock Exchange Building

Eric Gleacher's journey to success began with a strong educational foundation, earning a bachelor's degree from the University of Illinois in 1961.

Gleacher's early career in finance started at Lehman Brothers, where he worked for over a decade and rose through the ranks to become a top-ranked investment banker.

He was a pioneer in the field of mergers and acquisitions, helping to shape the industry with his innovative approach and expertise.

Gleacher's leadership skills and reputation earned him the respect of his peers, and he became known as one of the most influential investment bankers of his time.

Early Life & Education

Eric Gleacher's early life and education laid the foundation for his future success. He attended Western Illinois University, where he competed in golf.

Gleacher later transferred to Northwestern University, where he earned a B.A. in history in 1963.

Here are some notable facts about Eric Gleacher's education:

  • He graduated from Northwestern University with a B.A. in history in 1963.
  • He later received his MBA from The University of Chicago Booth School of Business in 1967.
  • He was a member of the University of Chicago Booth School of Business alumni.
  • He was also a Northwestern University alumni.

After completing his education, Gleacher served as an infantry officer in the U.S. Marine Corps for three years.

Career

Credit: youtube.com, Eric Gleacher, '67, President of Eric Gleacher Foundation - Distinguished Speaker Series

Eric Gleacher founded the mergers and acquisitions department of Lehman Brothers in 1978. He left Lehman after its acquisition by Shearson to head the mergers and acquisitions group at Morgan Stanley from 1985 through 1990.

During his time at Morgan Stanley, Gleacher was involved in notable leveraged buyouts, including RJR Nabisco by Kohlberg Kravis Roberts & Co. and Revlon by Ronald Perelman. He also worked on the leveraged buyout of RJR Nabisco by Kohlberg Kravis Roberts & Co.

Gleacher founded his own firm, Gleacher Partners, in 1990, which he sold to National Westminster Bank in 1996 for $135 million. He later bought back the firm in 1999 for less than $4 million and resold it in 2009 for $65 million to Broadpoint Securities Group, which renamed it Gleacher & Co.

Active Positions

Eric Gleacher, a notable figure, holds several important positions. He is a Corporate Officer/Principal at the University of St. Andrews, a role he started on November 26, 2009.

Confident woman in business attire looking away indoors. Stylish and professional setting.
Credit: pexels.com, Confident woman in business attire looking away indoors. Stylish and professional setting.

Gleacher also serves as a Director/Board Member at Northwestern University, another position he began on November 26, 2009. This highlights the value of having a strong network and leveraging multiple roles to achieve success.

In addition to his roles at the University of St. Andrews and Northwestern University, Gleacher is also a Director/Board Member at VARO Energy Marketing AG. This demonstrates the importance of diversifying one's professional experience and taking on new challenges.

Here are the details of Eric Gleacher's active positions:

Gleacher's educational background is also noteworthy, with a Master's in Business Admin from The University of Chicago and an Undergraduate Degree from Northwestern University.

For more insights, see: Peter S Lynch

Former Positions

Eric Gleacher has had a diverse range of positions throughout his career, reflecting his adaptability and entrepreneurial spirit.

He founded Gleacher Partners in 1990, which he later sold to National Westminster Bank for $135 million in 1996. He bought back the firm in 1999 for less than $4 million.

Confident businessman with phone in front of Wall Street building with American flags.
Credit: pexels.com, Confident businessman with phone in front of Wall Street building with American flags.

Gleacher's leadership roles include serving as Chairman of GLEACHER & COMPANY INC from 2010 to 2013, and as Corporate Officer/Principal at Broadpoint.Gleacher Securities from 2010 to 2011.

Here are some of his notable positions:

Gleacher also co-founded Art19, Inc. in 2011, a company that develops podcast hosting, distribution, and advertisement serving technology.

Background

Eric Gleacher was born on April 27, 1940, in New York City, New York, United States, to Joseph and Marjorie (Carr) Gleacher.

Gleacher served as an infantry officer in the United States Marine Corps from 1963 to 1966.

He began his career at Lehman Brothers Holdings Inc., where he was hired to do corporate finance and worked in the firm's buying department.

In 1973, Eric became a partner of Lehman Brothers Holdings Inc.

Here are some of the notable positions held by Eric Gleacher:

  • Infantry officer, United States Marine Corps
  • Partner, Lehman Brothers Holdings Inc.
  • Head of mergers and acquisitions group, Morgan Stanley
  • Chairman, Gleacher & Co

Gleacher founded his own firm, Gleacher Partners (nowadays Gleacher & Co), which he sold to National Westminster Bank in 1996.

He is on the board of trustees for the Hospital for Special Surgery and Northwestern University.

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.