“Bill McGlashan”的意思、由来-开放百科全书

McGlashan is a co-founder and a former board member of STX Entertainment, an American film and television studio launched in 2014 with Robert Simonds,^[4] and a cofounder and director of Evolution Media Capital.^[5]

McGlashan was arrested March 12, 2019, after being caught on FBI audio recordings, for participating in a college admissions bribery scandal. He was then fired for cause by TPG.

Career

Before joining TPG Capital in 2004, McGlashan was Chairman and CEO of the micro-cap company Critical Path.^[6] He joined the email service company in April 2001, three months into an accounting scandal that caused Critical Path’s stock to drop 75 percent, prompted two dozen shareholder lawsuits, and resulted in criminal charges against four executives.^[7] McGlashan was credited with keeping Critical Path out of bankruptcy, eliminating 87 percent of its debt, and settling the lawsuits within three months for $17.5 million, compared to the potential claim total of $240 million and delaying its NASDAQ delisting until shortly after his departure for failing to meet the minimum $15 million market capitalization requirement.^[7]

Previously, McGlashan co-founded and was CEO of Vectis Group, a venture capital firm that invested in emerging markets.^[6] Prior to Vectis Group, McGlashan co-founded and served as CEO of Generation Ventures, which focused on developing new healthcare and technology companies in China.^[8]^[9] In 1994, he co-founded and served as President of Pharmanex, Inc. In 1998, Pharmanex was sold to Nu Skin, an herbal supplement company.^[7]^[10]^[11] Earlier in his career, McGlashan was a senior associate with Bain Capital and Information Partners.^[2]

McGlashan was active on a number of boards, including Fender Musical Instruments Corporation. (as chairman), XOJET (as chairman), Creative Artists Agency, HotSchedules, Elevance Renewable Sciences, Ride, e.l.f. Cosmetics, Brava, Seasoned, and Common Sense Media.^[6]^[8]^[12] He has also been a board member at Survey Monkey, SuccessFactors, Schiff Nutrition International, AgraQuest, and WIL Research Laboratories.^[6]

He has been a prolific donor to local and national Democratic candidates.^[13] Among non-profits, McGlashan has had board of director roles at Common Sense Media and is active with the Young Presidents’ Organization and the World Economic Forum, and had served on the Stanford Graduate School of Business Advisory Council.^[6]^[14]^[15] He is also the founder of The Rise Fund, a social impact fund started by TPG Growth in partnership with Elevar Equity.^[16] McGlashan was recognized for The Rise Fund, a $2 billion impact-investing initiative, in this year’s Vanity Fair New Establishment list.^[17]. He was fired from his job at TPG after his arrest in the college admissions scandal was revealed.^[18]

Education and global experience

McGlashan earned a B.A. with honors from Yale University and an M.B.A. from the Stanford Graduate School of Business.^[14]

As a Stanford University business student in the late 1980s, McGlashan co-founded the World Service Project.^[19] The project’s goal was to offer administrative and practical support to projects with a new model of multinational teams in such areas as environmental preservation and hunger prevention.^[19] “The organization received support from U.S. Senators and Representatives, The Rockefeller Foundation, the U.S. Peace Corps and Nobel laureate Oscar Arias Sanchez.^[19]

In 2013, McGlashan relocated temporarily with his family to Mumbai, India, to manage investments in India and Asia.^[20] He was said to be “the first global head of a premier bulge bracket (Private Equity) house physically making such a ‘transformative’ relocation” (The Economic Times).^[20]. Although ironically, he has never been the global head of TPG.

Personal life

McGlashan is married to Marie Rasic McGlashan; together they have three children. Together the couple donated to Dominican Sisters Vision of Hope in 2017 and 2018.^[21]^[22] They have also donated to the Marin Agricultural Land Trust.^[23] He is the nephew of the former Marin County supervisor Charles McGlashan, who died in 2011.^[24]

Legal issues

On March 11, 2019, McGlashan, along with numerous others was arrested for his role in the 2019 college admissions bribery scandal. After a lengthy FBI investigation, the U.S. Department of Justice charged McGlashan with falsifying his son’s test scores and attempting to secure his son's admission into the University of Southern California by bribing officials into enhancing his son's academic and athletic abilities in a sport he never played so his son's application would be more competitive and be eligible for the school's "side door" admission.^[25]^[26] The allegation against McGlashan resulted in his being fired by the TPG.^[27] However, McGlashan claims he was "initially put on leave” and “already had resigned” prior to being terminated for cause. However a recent Axios article recently stated “(It seems that McGlashan just can't avoid lying: There's no way he didn't know why his bosses wanted to fire him rather than allowing him to resign.)” ^[28] After his arrest, investors were permitted to pull their commitments from his social impact fund,^[29] a move that could have an adverse effect on the firm's goal of raising three billion dollars by the end of 2019.^[30]

References

1. ^{{Cite web|url=http://fortune.com/2019/03/12/college-admissions-cheating-scandal-bribery-bill-mcglashan-tpg-growth/|title=TPG Growth Founder Bill McGlashan Placed on Immediate, Indefinite Leave Over College Admissions Cheating Scandal|website=Fortune|accessdate=Mar 23, 2019}}
2. ^¹{{cite web|title=William McGlashan|url=http://www.endeavor.org/network/endeavorglobal/boardofdirectors/william-mcglashan/1148|website=Endeavor Global|publisher=Endeavor Global|accessdate=24 April 2015|ref=Endeavor Global}}
3. ^{{cite web|author=Andrew Ross Sorkin|title=A New Fund Seeks Both Financial and Social Returns|url=https://www.nytimes.com/2016/12/19/business/dealbook/a-new-fund-seeks-both-financial-and-social-returns.html|date=December 19, 2016 |publisher=The New York Times}}
4. ^{{cite web|last1=Bradley|first1=Richard|title=Q&A with William McGlashan and Robert Simonds|url=http://www.worth.com/index.php/component/content/article/2-make/6876-qaa-with-william-mcglashan-and-robert-simonds|website=Worth|publisher=Worth|accessdate=24 April 2015|ref=Worth|deadurl=yes|archiveurl=https://web.archive.org/web/20150112081129/http://www.worth.com/index.php/component/content/article/2-make/6876-qaa-with-william-mcglashan-and-robert-simonds|archivedate=12 January 2015|df=}}
5. ^{{cite web|title=William E. McGlashan Jr.|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=620192&privcapId=23307|website=Bloomberg Business|publisher=Bloomberg|accessdate=24 April 2015|ref=Bloomberg}}
6. ^¹²³⁴{{cite web|title=Team: William E. McGlashan, Jr.|url=http://www.tpggrowth.com/team.php|website=TPG Growth|publisher=TPG Growth|accessdate=25 April 2015|ref=TPG Growth}}
7. ^¹²{{cite web|last1=Victoria|first1=Murphy|title=Critical Juncture|url=https://www.forbes.com/fdc/welcome_mjx.shtml|website=Forbes|publisher=Forbes|accessdate=25 April 2015|ref=Forbes}}
8. ^¹{{cite web|title=XOKet Board of Directors|url=http://www.xojet.com/our-company/Board/Private-Jet-Company-Board.asp|website=XOJet|publisher=XOJet|accessdate=25 April 2015|ref=XOJet}}
9. ^{{cite journal|last1=Zich|first1=Janet|title=A Closer Look: Lewis, McGlashan|journal=Stanford Business|date=December 1997|issue=December 1997|page=7|url=https://www.gsb.stanford.edu/insights/about/magazine|accessdate=25 April 2015}}
10. ^{{cite news|last1=Johnson|first1=Ian|title=A Fight Over Rice Yeast Pits Chinese, Western Medicines|url=https://www.wsj.com/articles/SB881101048721900000|accessdate=25 April 2015|work=The Wall Street Journal|publisher=The Wall Street Journal|date=3 December 1997|ref=WSJ}}
11. ^{{cite web|last1=Emmert|first1=J.M.|title=The Road to $1 Billion|url=http://directsellingnews.com/index.php/view/the_road_to_1_billion#.VTlUXlxZQXx|website=DirectSellingNews|publisher=DirectSellingNews|accessdate=25 April 2015|ref=DirectSellingNews}}
12. ^{{cite web|title=e.l.f. Beauty Inc (ELF.C)|url=https://www.reuters.com/finance/stocks/company-officers/ELF.C|publisher=Reuters|accessdate=July 23, 2018}}
13. ^https://californiaglobe.com/congress/top-attorney-caught-in-varsity-blues-scandal-gave-to-calif-dem/
14. ^¹{{cite web|title=William E. McGlashan Jr.|url=http://www.weforum.org/contributors/william-e-mcglashan-jr|website=World Economic Forum|publisher=World Economic Forum|accessdate=25 April 2015|ref=WEF|deadurl=yes|archiveurl=https://web.archive.org/web/20140717022049/http://www.weforum.org/contributors/william-e-mcglashan-jr|archivedate=17 July 2014|df=}}
15. ^{{cite web|title=Advisory Council|url=https://www.gsb.stanford.edu/experience/leadership/advisory-council|publisher=Stanford Graduate School of Business|date=March 4, 2019}}
16. ^{{cite web|title=TPG Growth Plans to Start a Social Impact Fund|url=https://www.nytimes.com/2016/09/13/business/dealbook/tpg-social-impact-fund.html?_r=1|publisher=The New York Times|date=12 September 2016|author=Michael J. de la Merced}}
17. ^{{cite web|title=THE 2017 NEW ESTABLISHMENT|url=https://www.vanityfair.com/new-establishment-list|publisher=Vanity Fair|date=October 2017}}
18. ^Edgecliffe-Johnson, Andrew. [https://www.ft.com/content/19eb10be-46a5-11e9-b168-96a37d002cd3?list=intlhomepage Bill McGlashan out at TPG after college admissions scandal], Financial Times, March 14, 2019.
19. ^¹²{{cite journal|last1=Fine|first1=Doug|title=Business School students found worldwide service organization|journal=The Stanford Daily|date=November 29, 1989|issue=November 29, 1989|page=2|url=http://www.stanforddaily.com|accessdate=25 April 2015|ref=Stanford Daily}}
20. ^¹{{cite news|last1=Barman|first1=Arijit|title=Best time for a PE to be in India: McGlashan, TPG head|url=http://articles.economictimes.indiatimes.com/2013-08-23/news/41440750_1_second-fund-pe-india|accessdate=25 April 2015|work=Economic Times|publisher=Economic Times|ref=Economic Times}}
21. ^{{cite web |title=Honor Roll of Donors |url=http://visionofhope.org/wp-content/uploads/2018/02/AR2017-Final.pdf |website=Dominican Vision Sisters of Hope |accessdate=March 12, 2019}}
22. ^{{cite web |title=Honor Roll of Donors |url=http://visionofhope.org/wp-content/uploads/2018/09/VOH-AR2018-spreads-final.pdf |website=Dominican Sisters Vision of Hope |accessdate=March 12, 2019}}
23. ^{{cite journal |title=MALT Supporters |journal=Marin Agricultural Land Trust |date=2008-2009 |page=11 |url=https://www.malt.org/document.doc?id=14 |accessdate=March 12, 2019}}
24. ^{{Cite web|url=https://www.marinij.com/2019/03/12/mill-valley-executive-named-in-college-bribery-scandal/|title=Marin residents charged in college bribery scandal|date=Mar 12, 2019|accessdate=Mar 23, 2019}}
25. ^{{Cite web|url=https://www.msn.com/en-us/news/us/fbi-accuses-wealthy-parents-including-celebrities-in-college-entrance-bribery-scheme/ar-BBUGhsh?OCID=ansmsnnews11|title=FBI accuses wealthy parents, including celebrities, in college-entrance bribery scheme|website=www.msn.com|access-date=2019-03-12}}
26. ^{{Cite news|url=https://www.recode.net/2019/3/12/18262003/bill-mcglashan-college-admissions-scandal-tpg-stanford-usc-yale|title=One of Silicon Valley’s most prominent voices for ethical investing is out amid the college admissions bribery scandal|last=Schleifer|first=Theodore|date=March 14, 2019|work=RECODE|access-date=}}
27. ^{{cite news|url=https://www.thewrap.com/caa-owner-tpg-puts-co-founder-bill-mcglashan-on-leave-after-arrest-in-college-admissions-scandal/|title=CAA Owner TPG Puts Co-Founder Bill McGlashan on Leave After Arrest in College Admissions Scandal|last1=Williams|first1=Trey|date=March 12, 2019|accessdate=March 12, 2019|publisher=The Wrap}}
28. ^{{Cite news|url=https://www.nytimes.com/2019/03/15/business/dealbook/tpg-bill-mcglashan.html|title=DealBook Briefing: Did Bill McGlashan Quit TPG, or Was He Pushed Out?|date=2019-03-15|work=The New York Times|access-date=2019-03-20|language=en-US|issn=0362-4331}}
29. ^{{cite news |last1=Willmer |first1=Sabrina |title=TPG Fires McGlashan, Lets Investors Pull Money From Social Fund |url=https://www.bloomberg.com/news/articles/2019-03-14/tpg-said-to-let-investors-pull-commitments-after-college-scam-jt92lqkg |accessdate=March 14, 2019 |publisher=Bloomberg |date=March 14, 2019}}
30. ^{{Cite news|url=https://www.bizjournals.com/sanfrancisco/news/2019/03/18/college-admissions-scandal-tpg-fires-mcglashan.html|title=Amid college admissions scandal, TPG fires McGlashan, allows investors to yank money|last=Norman|first=Hannah|date=March 18, 2019|work=San Francisco Business Times|access-date=}}