Robert Wolf (business)
Robert Wolf (born March 8, 1962)[1] is the former Chairman and CEO of UBS Americas [2] as well as the President and Chief Operating Officer of UBS# Investment Bank.
Robert Wolf | |
---|---|
Born | March 8, 1962 |
Education | University of Pennsylvania (BS) |
Political party | Democratic |
He is the Founder of 32 Advisors, a holding company which includes the direct venture capital investing arm 32 Ventures, the consulting firm Strategic Worldviews and the Flint, Michigan accelerator group 100K Ventures. He is Chairman and co-founder of Measure, a drone company.
Prior to forming 32 Advisors and 32 Ventures, Wolf spent 18 years at UBS, a global financial services firm. He joined UBS in 1994 after spending approximately ten years at Salomon Brothers.
Wolf held three Presidential appointments under President Obama; as a member of the Economic Recovery Advisory Board from 2009-2011, the Council on Jobs and Competitiveness from 2011-2013 and the Export Council from 2014-2016. In 2012 Wolf was on the Homeland Security Advisory Council's Border Infrastructure Task Force. In 2017, he was named to the Board of Directors for the Obama Foundation and Chairs the Foundation's Audit and Risk Committee.
Career
Wolf joined UBS AG in 1994 after ten years at Salomon Brothers working in Fixed Income. From 2002-2004, while at UBS, Wolf was Global Head of Fixed Income of the Investment Bank and previously, from 1998 to 2001, Global Head of Credit Trading, Research & Distribution. From 2004 to 2007, while at UBS, Wolf was Chief Operating Officer of the Investment Bank and in 2007, he added the title of President of the Investment Bank. In 2007, he was also promoted to Chairman and CEO of UBS Group Americas. He was a member of UBS's Group Executive Board from 2008-2010. Wolf left UBS in 2012 to start 32 Advisors.
Wolf considered himself a close ally of Hillary Clinton’s 2016 Presidential Campaign calling himself “a non-surrogate surrogate” and “[…] someone that has the good fortune of being able to email Secretary Clinton, [Clinton campaign chairman] John Podesta and [senior policy adviser] Jake Sullivan directly on things I’m thinking and ideas […] I give them my best ideas, and I feel at times honored that they decide to listen to them."[3]
In a 2016 profile in The Hill Wolf supported Hillary Clinton’s fiscally conservative plans and said conservatives should have voted for her: “My view is a lot of the business community will support the secretary because her business policies are better.”[4] Asserting that most of the business world “lean left socially and lean right fiscally,” he said “I think when you look at leaning right fiscally, if you look at her plan versus Trump’s,” Clinton’s comes out on top.[5] Wolf also defended Wall Street saying, “Wall Street are Americans just like everyone else. Please don’t stereotype us. We vote for a lot of different reasons, and I would actually say regulation is the least reason we vote because we know regulation is here.”[6]
Activities
Wolf serves on the Board of Directors of the Obama Foundation, on the Undergraduate Executive Board of the Wharton School and on the Economic Advisory Council for the Center for American Progress. He also sits on the board of the Partnership for NYC. he Leadership Council for the Multiple Myeloma Research Foundation and is a member of the Council on Foreign Relations, and a graduate member of the Committee Encouraging Corporate Philanthropy. Wolf formerly served as Vice Chairman of the Robert F. Kennedy Center for Justice & Human Rights, on the board of trustees of the Children's Aid Society, on the Athletics Board of Overseers at the University of Pennsylvania and on the Board of Directors of the Financial Services Roundtable.
In 2012-2013 he hosted the show "Impact Players" on the Reuters Channel on YouTube TV. In December 2016, he joined Fox News/Fox Business as a TV contributor and was a member of the Advisory Board of the show “Wall Street Week”.
He formerly served as Vice Chairman of the Robert F. Kennedy Center for Justice & Human Rights, on the board of trustees of the Children's Aid Society, on the Athletics Board of Overseers at the University of Pennsylvania and on the Board of Directors of the Financial Services Roundtable.
Political contributions
During the 2004 US presidential election campaign, Wolf was a contributor to the Kerry campaign. During the 2008 United States Presidential election campaign, Wolf became a major contributor and a fundraiser for the Obama campaign:[7][8][9] [10]
After serving as a major contributor and fundraiser for the Obama 2008 US presidential campaign,[7][8][9][10] Wolf held three Presidential appointments under President Obama; as a member of the Economic Recovery Advisory Board from 2009-2011, the Council on Jobs and Competitiveness from 2011-2013 and the Export Council from 2014-2016. In 2012 Wolf was on the Homeland Security Advisory Council's Border Infrastructure Task Force. and in June 2013, the White House appointed Wolf to the President's Export Council.
Awards and titles
Wolf was honored with the Corporate Leadership Award at the 2007 Fall Gala.[11] In 2011, he was the recipient of the Promise Award by the Children's Aid Society.[12] He was named to Worth Magazine's 100 Most Powerful People in Finance multiple times, including most recently in 2018.
Personal
Wolf is a graduate of the Wharton School at the University of Pennsylvania, receiving a B.S. in Economics. While at Penn, he played on the varsity football team that won IVY League Championships in both the 1982 and 1983 seasons and was an honoree into the Ivy Football Association in 2013. In May 2014, Robert received the Distinguished Alumni Award from the Wharton School.
He currently resides in Purchase, NY and grew up in Marblehead, MA. His wife, Carol, is a Director of Events & Strategic Partnerships at Sandy Hook Promise.
References
- "Robert Wolf Profile Forbes". Forbes. Forbes. Archived from the original on June 4, 2013. Retrieved 5 August 2013.
- "Wolf to Leave UBS to Form New Firm". The New York Times. 2012-07-19.
- Weaver, Dustin (2016-07-26). "Meet Hillary's Wolf of Wall Street". TheHill. Retrieved 2020-07-14.
- Weaver, Dustin (2016-07-26). "Meet Hillary's Wolf of Wall Street". TheHill. Retrieved 2020-07-14.
- Weaver, Dustin (2016-07-26). "Meet Hillary's Wolf of Wall Street". TheHill. Retrieved 2020-07-14.
- Weaver, Dustin (2016-07-26). "Meet Hillary's Wolf of Wall Street". TheHill. Retrieved 2020-07-14.
- "Robert Wolf - $134,800 in Political Contributions for 2008". www.campaignmoney.com. Retrieved 2020-09-02.
- "Robert Wolf". Huffington Post. Archived from the original on 2012-07-09.
- "How Barack Obama Struck Fund-raising Gold -- New York Magazine - Nymag". New York Magazine. Retrieved 2020-09-02.
- NW, The Center for Responsive Politics 1300 L. St; Washington, Suite 200; info, DC 20005 telelphone857-0044. "Donor Lookup". OpenSecrets. Retrieved 2020-09-02.
- "Robert Wolf Awarded Corporate Leadership Award". Globe Newswire. Retrieved 2008-10-08.
- "News and Press | Children's Aid". www.childrensaidnyc.org. Retrieved 2020-09-02.