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About
Board of Directors
Richard E. Thornburgh
Vice Chairman, Corsair Capital
Richard E. Thornburgh has nearly 30 years of investment banking and financial services sector experience. He most recently served as Executive Vice Chairman of Credit Suisse First Boston and as a Member of the Credit Suisse Group Executive Board.
He has served on the Executive Board of Credit Suisse Group for the past nine years. On November 2nd, 2005 Credit Suisse Group announced that Mr. Thornburgh would step down from day-to-day management at the end of 2005 and that he would be nominated for election to join the Board of Directors of Credit Suisse Group at the April 2006 Annual General Meeting of Shareholders. He will be invited to join the Board's Risk Committee.
Mr. Thornburgh began his career in 1976 with The First Boston Corporation, a predecessor firm of the current CSFB. He spent 20 years in the investment banking department specializing in financial institutions. During that period he also ran the Los Angeles office in the late 1980s and was the first global head of the financial institutions group for CSFB. He was an advisor on many of the landmark M&A transactions that took place during the consolidation of the U.S. regional banking industry in the 1980s and early 1990s. He spearheaded CSFB's mandate to advise on the privatization of the Mexican banking industry, the recapitalization of the California thrift industry, and served as advisor to the governments of Sweden, New Zealand, South Australia, Mexico and Australia in the early 1990s. During the past ten years his executive responsibilities have included: Chief Financial and Administrative Officer of CS First Boston, Chief Financial Officer of Credit Suisse Group, Vice Chairman of the Executive Board of CSFB, and Chief Risk Officer of Credit Suisse Group.
Mr. Thornburgh is a member of the Financial Services Roundtable and the International Institute of Finance. He has served on the Executive Committee of the Securities Industry Association for the past six years, and was Chairman of the SIA in 2004. He serves on the executive committee of the University of Cincinnati Foundation and is Co-chair of the Foundation's investment committee.
