Latest News By Industry
William E. Conway, Jr.
Also Known As Conway
CEO of Carlyle Group
William E. Conway, Jr. is a Chairman and CEO of Carlyle Group, Inc.(CG)
He started his career by serving in a variety of positions in corporate finance, commercial lending, workout loans and general management for almost ten years with First National Bank of Chicago. From 1981 to 1986, Conway had worked in various financial positions at MCI Communications being named senior vice president and chief financial officer in 1984. In 1987, Conway founded The Carlyle Group with David Rubenstein and Daniel A. D'Aniello. The firm has grown into a global investment firm with $293 billion of assets under management, with more than 1,800 employees in 31 offices on six continents.
He has served as the chairman of the boards of Nextel Communications and United Defense Industries. He has made charitable donations to the Catholic Church. As of April 2022, he is the 809th richest person in the world and is worth of $3.6 billion.
Conway is scheduled to speak at the November 2022 Global Financial Leaders' Investment Summit, with the Hong Kong Democracy Council claiming that his presence, along with other financial executives, legitimizes the Hong Kong government's whitewashing of the erosion of freedoms in the city. Several members of Congress also warned that US financial executives should not attend the Summit, saying "Their presence only serves to legitimise the swift dismantling of Hong Kong's autonomy, free press and the rule of law by Hong Kong authorities acting along with the Chinese Communist Party."
Early Life
William E. "Bill" Conway Jr. born on August 27, 1949
Conway attended Dartmouth College, where he earned a bachelor's degree in Science in 1971. Continuing his studies at the University of Chicago Booth School of Business, he received his MBA degree in 1974 with his main focus being on Finance. Conway went to night school for his MBA while working at the First National Bank of Chicago.
In 1999, Conway bought Merrywood, the childhood home of Jackie Kennedy, from Alan I. Kay for $15.5 million. Less than a year later, however, he sold it to Steve Case, the former CEO of AOL and his wife, Jean Villanueva, for $24.5 million. Conway was previously married and divorced. He has one child from his prior marriage, Bill Conway. He is currently married. Today, he and his wife Joanne live in McLean, Virginia.
The nursing school of the Catholic University of America, the Conway School of Nursing, is named after him and his wife.
Education
- Bachelor's degree in Science -
- MBA in Finance degree - First National Bank of Chicago
Career
- Carlyle Group - CEO
- Carlyle Group - Chairman
Other Activites
Conway's son, also named Bill Conway, ran in the 2020 Democratic primary election for Cook County State's Attorney against incumbent Kim Foxx. Conway donated $10.5 million of his personal fortune to his son's ultimately unsuccessful campaign