Brady Dougan Explained

Brady W. Dougan
Birth Name:	Brady William Dougan
Birth Date:	August 30, 1959
Birth Place:	Urbana, Illinois, U.S.
Alma Mater:	University of Chicago (BA) University of Chicago Booth School of Business (MBA)
Occupation:	CEO, Credit Suisse
Children:	2

Brady William Dougan (born August 30, 1959) is an American banker and CEO of Exos. From 2007 to 2015, he was the chief executive officer of Credit Suisse. Before this, Dougan was CEO of Investment Banking and acting CEO of Credit Suisse Americas.^[1] On 10 March 2015, it was announced that Tidjane Thiam, the CEO of Prudential, would replace Dougan as the next CEO of Credit Suisse in June 2015.^{[2] [3]}

Early life

Dougan received a BA in Economics in 1981 from the University of Chicago and an MBA in Finance in 1982 from the University of Chicago Booth School of Business.^[4]

Career

After starting his career in the derivatives group at Bankers Trust, Dougan was hired by Allen Wheat to join Credit Suisse Financial Products in 1990.^[5] In 1996 he was named Head of the Equities division, a position he held for five years before being appointed Global Head of the Securities division in 2001. From 2002 to July 2004, he was Co-President, Institutional Services at Credit Suisse First Boston, and from 2004 until the merger with Credit Suisse in May 2005, he was Chief Executive Officer of Credit Suisse First Boston. Dougan has served on the Executive Board since 2003. From May 2005 to year-end 2005, he was Chief Executive Officer of the Credit Suisse First Boston division at the Bank. From January 2006 he was CEO Investment Banking and acting CEO Credit Suisse Americas, since 2007 he is the Group CEO. In March 2015 it was announced that Dougan would leave Credit Suisse in June 2015. Between 2007 and 2014, Brady Dougan received 160 million Swiss francs, while the bank's shares lost 70% of their value.^[6]

Philanthropy

Between July 1, 2011 and June 30, 2012, he donated $25,000 or more to Vanderbilt University.^[7]

Personal life

In November 1988, Dougan married Tomoko Hamada, in Tokyo, Japan. They had two children, born in 1992 and 1997. Dougan divorced from his wife on May 19, 2009 whilst living in Connecticut.^{[8] [9]}

Dougan has been a long-time resident of Greenwich, Connecticut.^{[10] [11]} He currently resides in Durham, North Carolina.

Notes and References

1. Web site: Credit Suisse bio . 2009-08-25 . https://web.archive.org/web/20140626140524/https://www.credit-suisse.com/governance/en/pop_s_cv_dougan.jsp . 2014-06-26 . dead .
2. News: Milmo. Dan. Prudential's Tidjane Thiam to take top role at Credit Suisse. 10 March 2015. The Guardian. 10 March 2015.
3. News: Brady Dougan, A Financial Crisis Survivor, Nears End of Tenure at Credit Suisse . The Wall Street Journal.
4. News: Dougan, 'Quiet American,' Wins Credit Suisse Job Mack Missed . Christine Harper, Jacqueline Simmons and Tom Cahill . . February 20, 2007.
5. News: Abelson. Max. How Brady Dougan's Climb Up a Swiss Peak Ended: Timeline. Bloomberg. 10 March 2015 . 10 March 2015.
6. Web site: Après le rachat de Credit Suisse par UBS, la place financière helvétique en pleine crise de confiance . Le Monde.
7. Web site: Vanderbilt University: 2011-2012 Donors . 2013-03-10 . 2013-11-06 . https://web.archive.org/web/20131106084702/https://giving.vanderbilt.edu/givingdonors.php?s=UG&l=1 . dead .
8. Dougan v. Dougan (2009)

   https://caselaw.findlaw.com/court/ct-court-of-appeals/1154160.html

9. News: Conn. court hears Credit Suisse CEO's divorce case . 2024-03-16 . Stamford Advocate . en.
10. Web site: 2013-01-28 . Brady Dougan's House in Greenwich, CT (Google Maps) . 2024-03-16 . Virtual Globetrotting . en.
11. Web site: Brady William DOUGAN personal appointments - Find and update company information - GOV.UK . 2024-03-16 . find-and-update.company-information.service.gov.uk . en.