Mary Callahan Erdoes
Encyclopedia
Mary Callahan Erdoes is Chief Executive Officer of J.P. Morgan's Asset Management division, a global leader in investment management and private banking with more than $1.3 trillion in assets under supervision. In addition to being a member of JPMorgan Chase & Co.'s Operating and Executive Committees, Ms. Erdoes leads the firm's strategic partnership with Highbridge Capital Management and Gávea Investimentos. She is currently ranked the 24th most powerful woman according to Forbes
.
. They live in New York City
with their three daughters.
, majoring in Mathematics, she was the only female to complete a Math major at that university at the time. She earned her MBA at Harvard Business School
.
She started her career with Stein Roe & Farnham, and credited her maternal grandmother Izzy as instrumental for helping her get that job during college. She described her job there as a "glorified mailroom job". She then moved on to Bankers Trust, where she worked in corporate finance, merchant banking, and high-yield debt underwriting. Before joining J.P. Morgan, she was employed at Meredith, Martin & Kaye, a fixed-income specialty advisory firm, where she was responsible for credit research, trading, and individual portfolio management. In 1996, she joined J.P. Morgan Asset Management as head of fixed income for high-net-worth individuals, foundations and endowments. In March 2005, she was appointed CEO of J.P. Morgan Private Bank. She assumed her current post in September 2009. She has been mentioned as a potential successor to JPMorgan Chase & Co. CEO Jamie Dimon
.
She currently serves as a board member of the U.S. Fund for UNICEF.
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
.
Personal Life
Mary Callahan was born on August 13, 1967 to Patrick Callahan, a partner at investment banking firm Lazard Freres, and Patricia, who was prominent in fashion and philanthropy circles in Chicago. She met her husband Philip Erdoes at Harvard Business SchoolHarvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
. They live in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
with their three daughters.
Education & Career
Mary Callahan completed her Bachelors degree at Georgetown UniversityGeorgetown University
Georgetown University is a private, Jesuit, research university whose main campus is in the Georgetown neighborhood of Washington, D.C. Founded in 1789, it is the oldest Catholic university in the United States...
, majoring in Mathematics, she was the only female to complete a Math major at that university at the time. She earned her MBA at Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
.
She started her career with Stein Roe & Farnham, and credited her maternal grandmother Izzy as instrumental for helping her get that job during college. She described her job there as a "glorified mailroom job". She then moved on to Bankers Trust, where she worked in corporate finance, merchant banking, and high-yield debt underwriting. Before joining J.P. Morgan, she was employed at Meredith, Martin & Kaye, a fixed-income specialty advisory firm, where she was responsible for credit research, trading, and individual portfolio management. In 1996, she joined J.P. Morgan Asset Management as head of fixed income for high-net-worth individuals, foundations and endowments. In March 2005, she was appointed CEO of J.P. Morgan Private Bank. She assumed her current post in September 2009. She has been mentioned as a potential successor to JPMorgan Chase & Co. CEO Jamie Dimon
Jamie Dimon
James "Jamie" Dimon is a business executive. He is the current chairman, president and chief executive of JPMorgan Chase, and previously served as a Class A director of the Board of Directors of the New York Federal Reserve, a three year term which started January 2007...
.
She currently serves as a board member of the U.S. Fund for UNICEF.