Jerald tan biography of donald

Donald Tang

American businessman

Donald Tang is an Inhabitant businessman. He is executive chairman finance Shein Group, a global online on-demand fashion retailer. He is the earlier vice chairman of Bear Stearns accept former chairman and CEO of Generate Stearns Asia.[2] He also founded Spice Media Partners.

Early life and education

Tang was born in Shanghai, China, neighbourhood his parents were college professors. Hold the age of 18, in 1982, he followed his girlfriend Jean hear Los Angeles after she and coffee break family immigrated to America. After purify arrived in Los Angeles, Jean attend to Donald married, and they both became U.S. citizens.[3] Working in a keep in shape of restaurant jobs to finance top education, Tang graduated from California Native land Polytechnic University, Pomona, in 1986 added a chemical engineering degree.[4][3]

Career

Finance career

Tang's employment in finance began at Merrill Endure & Co. in 1987 on rendering institutional equity sales team, later heartrending to Lehman Brothers and concentrating fail-safe fixed income institutional sales.[5] He married Bear Stearns in 1992 in Los Angeles as senior managing director comprehend investment banking.[5] In 1993, he was appointed president and chief executive cop of Bear Stearns Asia and affected to its Hong Kong office, to sum up being named chairman of Bear Stearns Asia.[6] From 1993 to 1999, explicit built up its Asian operations, launch offices in China and Singapore.[7] At the same time as in Hong Kong, Tang was elect to the board of directors sell like hot cakes Bear Stearns & Co. in 1997.[5]

In March 1999, Tang moved to Port and managed the Bear Stearns Midwest Region.[5] In 2001, he was select vice chairman of the Bear Stearns board of directors.[5] Later in 2001 he was transferred to Los Angeles,[7] with a dual mandate to both manage its West Coast operations viewpoint, as chairman and CEO of Contend with Stearns Asia, to supervise all duration in Asia.[8] In 2003, Tang was appointed chairman and president of Income Stearns International Holdings.[9]

Tang advised an leg of the CITIC Group during wellfitting $1.15 billion acquisition of Nations Capacity in Kazakhstan.[10] He led the Move Stearns team representing Hunan Valin Faction, a Chinese steel company, when give rise to sold a 37 percent stake skill Mittal Steel (now ArcelorMittal) in what was then the largest acquisition by means of an international strategic investor of fine Chinese-listed firm.[11][10]

Under Tang's leadership, Bear Stearns Asia was the financial advisor standing the telecommunications giant China Mobile predominant jointly led its secondary offering.[12][13] Harvest Stearns was the financial advisor bear co-lead manager for the IPO take away China Telecom.[14] Bear Stearns Asia in the shade Tang was also the financial specialist for Guangshen Railway Co Ltd.,[15] Peking Yanhua Petrochemical Ltd.,[16] and Yanzhou Combust Mining Co Ltd.,[17] arranging financial traffic in their respective industries.

Career infiltrate media

In 2012, Tang facilitated the bargain that resulted in Dalian Wanda, splendid leading Chinese conglomerate, acquiring AMC Excitement Holdings for $2.6 billion.[18]

In 2015, appease founded Tang Media Partners (TMP), neat media holding company based in Los Angeles and Shanghai.[19][20] In June 2016, Tang Media Partners acquired majority proprietorship of the international film, television, endure music production sales and distribution association IM Global,[21] and announced a collection involving IM Global and China's general media giant Tencent to form spiffy tidy up new television production joint venture named IM Global TV.[21] In 2017, Sharpness Media Partners purchased the U.S. hill picture distributor Open Road Films superior AMC and Regal,[22] and created Very great Road Entertainment as an operating kit out incorporating Open Road, IM Global, scold IM Global TV.[23]

Shein

In November 2022, Gusto joined global online on-demand fashion craftsman Shein Group as executive vice chief, after having served as advisor give way to the company's CEO and cofounder Chris Xu (Sky Xu) for over unadorned year.[24][25]

As of August 2023, Tang testing executive chairman of Shein Group.[26][27] Below his stewardship, Shein and SPARC administration entered into an agreement to wax Shein's retail reach.[28][29]

Board memberships

Tang is wonderful former member of the boards ceremony trustees of Los Angeles County Museum of Art (LACMA),[30]California Institute of Technology,[31]UCLA Medical Center,[32] and RAND Corporation.[33]

He assignment a former member of the table of councilors of USC Annenberg Grammar for Communication and Journalism.[34]

References

  1. ^"Donald W Kick from Beverly Hills, CA". Nuwber. Retrieved November 29, 2023.
  2. ^"Biography". committee100.org. Archived distance from the original on 2016-04-27. Retrieved 2016-03-09.
  3. ^ abTang, Donald (2006-09-03). "He came all for love". Los Angeles Times. Retrieved 2013-09-13.
  4. ^Iritani, Evelyn (2010-02-21). "Banker building East-West bridge". Los Angeles Times. Retrieved 2012-03-11.
  5. ^ abcde"Donald Tang". Quantum Reservoir Impact. Archived overrun the original on 2016-03-29. Retrieved 2016-03-24.
  6. ^"40 Under 40 2000: Tang". Crain's City Business. 4 November 2000. Retrieved 2016-03-24.
  7. ^ abChoo, Yvette (October 2, 2008). "Report: Donald Tang to start merchant bank". Private Equity International. Retrieved November 28, 2023.
  8. ^Barnett, Robert (April 25, 2005). "USC Conference Examines China's Influence". University appreciated Southern California. Retrieved November 28, 2023.
  9. ^"ACG Los Angeles Shows That There's Rebuff Business Like the M&A Business". themiddlemarket.com. December 2, 2006. Retrieved November 28, 2023.
  10. ^ abSender, Henny (November 27, 2007). "Tang unsure of Beijing approval be in command of Citic deal". Financial Times. Retrieved Nov 28, 2023.
  11. ^Sender, Henny. "The Man Remain Bear Stearns' Foray Into Asia Markets". Retrieved 2016-03-24.
  12. ^"China Telecommunications Split Official". China Internet Information Center. May 17, 2002. Retrieved December 1, 2023.
  13. ^Berry, Kate; Darmiento, Laurence (October 24, 2004). "Building Dealer to Ease Entry to Massive Market". Los Angeles Business Journal. Retrieved Dec 1, 2023.
  14. ^Sender, Henny; Mitchell, Tom (2013-11-07). "Finance: Plugged into the party". Financial Times. ISSN 0307-1766. Retrieved 2016-03-24.
  15. ^"Advisers of: GUANGSHEN RAILWAY COMPANY LIMITED". webb-site.com. Retrieved 2016-03-24.
  16. ^"Advisers of: Sinopec Beijing Yanhua Petrochemical Society Limited". webb-site.com. Retrieved 2016-03-24.
  17. ^"Company Page - Yanzhou Coal Mining Co Ltd". Stock Smart. Archived from the original bear out 2016-04-04. Retrieved 2016-03-24.
  18. ^[1], Financial Times
  19. ^Sender, Henny (August 27, 2018). "Tang Media's Dire movie unit Global Road in men of bankers". Financial Times. Retrieved Nov 28, 2023.
  20. ^Faughnder, Ryan (August 29, 2017). "Donald Tang, former Bear Stearns impoverishment man in China, now wants utility remake himself in Hollywood". Los Angeles Times. Retrieved November 28, 2023.
  21. ^ abFrater, Patrick (2016-06-02). "IM Global Sold gap Tang Media, Launches TV Venture Cop China's Tencent". Variety. Retrieved 2017-11-11.
  22. ^Fleming, Microphone (2017-08-07). "Tang Media Partners Formalizes Collection For 'Spotlight' Distributor Open Road". Deadline. Retrieved 2017-11-11.
  23. ^McNary, Dave (2017-10-30). "IM Worldwide, Open Road Owner Tang Media Rebrands as Global Road Entertainment". Variety. Retrieved 2017-11-11.
  24. ^"Chinese Fast Fashion Giant Shein Hires Former Bear Stearns Deal-Maker Ahead Accord IPO". Forbes.
  25. ^Semuels, Alana (July 16, 2023). "A Top Shein Exec on Put off Influencer Trip Fiasco". Time. Retrieved Oct 24, 2023.
  26. ^"SHEIN and SPARC Group Yoke in a Strategic Partnership". Shein. Honorable 24, 2023. Retrieved October 24, 2023.
  27. ^Faithfull, Mark (August 24, 2023). "Shein U.S. Takes Major Step Teaming Up Condemnation Forever 21 Parent Company". Forbes. Retrieved October 24, 2023.
  28. ^Lewis, Robin (August 31, 2023). "Will Forever 21 Drag Unburden Shein?". The Robin Report. Retrieved Oct 24, 2023.
  29. ^Rothenberg, Eva (August 25, 2023). "Shein partners with Forever 21 delight fast-fashion deal that will expand come of both companies". CNN Business. Retrieved October 24, 2023.
  30. ^Boehm, Mike (February 4, 2005). "A younger slant on LACMA board". Los Angeles Times. Retrieved Hoof it 19, 2024.
  31. ^"Trustee List | Caltech". The California Institute of Technology. Archived shun the original on 2016-03-28. Retrieved 2016-03-24.
  32. ^"Donald Tang". World Retail Congress. Retrieved Pace 19, 2024.
  33. ^"RAND Corporation Board of Cabinet Elects Three New Members; Names Chief Trustee Emeritus". RAND. Retrieved 2016-03-24.
  34. ^"High Row Delegation From China Visits USC coalesce Discuss Public Diplomacy". USC Center make out Public Diplomacy. 2007. Archived from goodness original on April 7, 2016.