James A. Runde
Encyclopedia
James A. Runde is a Wall Street
Wall Street
Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in Lower Manhattan. Over time, the term has become a metonym for the financial markets of the United States as a whole, or...

 investment banker specializing in strategic and financial advice. He is a Special Advisor and a former Vice-Chairman of Morgan Stanley
Morgan Stanley
Morgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000....

. Throughout his career with the firm, he has worked on mergers, privatization
Privatization
Privatization is the incidence or process of transferring ownership of a business, enterprise, agency or public service from the public sector to the private sector or to private non-profit organizations...

s, and restructuring
Restructuring
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs...

s, with a focus on the transportation and infrastructure industries. Since 2006, he has been a member of the Board of Directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

 of The Kroger Co., one of the nation’s largest grocery retail
Grocery store
A grocery store is a store that retails food. A grocer, the owner of a grocery store, stocks different kinds of foods from assorted places and cultures, and sells these "groceries" to customers. Large grocery stores that stock products other than food, such as clothing or household items, are...

 chains. He has also served on the Board of Directors of Burlington Resources
Burlington Resources
Burlington Resources, was an American oil and gas company. Their headquarters were in Houston, Texas. The company was acquired by ConocoPhillips in 2006....

, a large U.S. oil and gas company, and he serves as a trustee of The Morgan Library & Museum.

In terms of public service, in 2007 Runde was selected to serve on a blue ribbon panel along with Speaker Newt Gingrich
Newt Gingrich
Newton Leroy "Newt" Gingrich is a U.S. Republican Party politician who served as the House Minority Whip from 1989 to 1995 and as the 58th Speaker of the U.S. House of Representatives from 1995 to 1999....

, Justice Sandra Day O'Connor
Sandra Day O'Connor
Sandra Day O'Connor is an American jurist who was the first female member of the Supreme Court of the United States. She served as an Associate Justice from 1981 until her retirement from the Court in 2006. O'Connor was appointed by President Ronald Reagan in 1981...

 and Senator Bob Kerrey
Bob Kerrey
Joseph Robert "Bob" Kerrey was the 35th Governor of Nebraska from 1983 to 1987 and a U.S. Senator from Nebraska . Having served in the Vietnam War, earning the Medal of Honor for his actions, he moved into politics. He was an unsuccessful candidate for the Democratic presidential nomination in 1992...

 to develop a national strategic plan to defeat Alzheimer's disease.

Early Years & Education

One of ten children, Runde grew up in Sparta, Wisconsin
Sparta, Wisconsin
Sparta is a city in and the county seat of Monroe County, Wisconsin, United States, along the La Crosse River. The population was 9,522 at the 2010 census.-Notable people:*William Hawley Atwell, U.S. District Court Judge in Texas*Larry Baumel, NASCAR...

. Following his high school graduation, he accepted a Naval Reserve Officer Training Corps
Naval Reserve Officer Training Corps
The Naval Reserve Officers Training Corps program is a college-based, commissioned officer training program of the United States Navy and the United States Marine Corps.-Origins:...

 (NROTC) scholarship and enrolled in Marquette University
Marquette University
Marquette University is a private, coeducational, Jesuit, Roman Catholic university located in Milwaukee, Wisconsin. Founded by the Society of Jesus in 1881, the school is one of 28 member institutions of the Association of Jesuit Colleges and Universities...

 in Milwaukee. In 1969, upon receiving his bachelor's degree
Bachelor's degree
A bachelor's degree is usually an academic degree awarded for an undergraduate course or major that generally lasts for three or four years, but can range anywhere from two to six years depending on the region of the world...

 in electrical engineering
Electrical engineering
Electrical engineering is a field of engineering that generally deals with the study and application of electricity, electronics and electromagnetism. The field first became an identifiable occupation in the late nineteenth century after commercialization of the electric telegraph and electrical...

, he served as an officer in the U.S. Navy for five years on the nuclear energy staff of Admiral Rickover. While on active duty, he attended George Washington University
George Washington University
The George Washington University is a private, coeducational comprehensive university located in Washington, D.C. in the United States...

 School of Business and earned a master’s degree in finance.

James Runde continues to be involved with his alma mater, and in 2000 he was elected to the Board of Trustees of Marquette.

Career

In 2009 Runde was selected to join the National Transportation Policy group, which is part of the Bipartisan Policy Center
Bipartisan Policy Center
The is a non-profit organization that "drives principled solutions through rigorous analysis, reasoned negotiation, and respectful dialogue." Founded in 2007 by former Senate Majority Leaders Howard Baker, Tom Daschle, Bob Dole, and George Mitchell, "BPC combines politically-balanced policymaking...

, headed by Senators Robert Dole and Tom Daschle
Tom Daschle
Thomas Andrew "Tom" Daschle is a former U.S. Senator from South Dakota and former U.S. Senate Majority Leader. He is a member of the Democratic Party....

.

Personal life

James Runde and his wife Barbara currently reside in New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...

and have three grown children.

Awards

As a result of his many years as a banker at Morgan Stanley, Marquette University's College of Engineering awarded James Runde with its Professional Achievement Award.

Citations

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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