John K. Castle Explained

Birth Name:John K Castle
Nationality:American

John K. Castle is chairman and chief executive officer of Castle Harlan, Inc.,[1] the chairman of Branford Castle, Inc. and the co-founder of Castle Connolly Medical.[2] [3]

Castle Connolly Medical Limited

Castle Connolly Medical Ltd. has historically published New York's Top Doctors and America’s Top Doctors.[4] [5] Castle Connolly was sold to Everyday Health Group in December 2018.[6] [7] [8]

Career

With his expertise in Science, Mathematics and Economics, Castle co-founded the institutional private equity market in the late 1960s.[9] Throughout his career, he has been the owner and controller of the following corporations: Delaware Management, Ethan Allen, Ames True Temper and several restaurant chains (including Perkins, Marie Callender's and Morton's Steakhouses.[10] He has also served as a director of the Equitable Life Assurance Society of the US.

In 1986, he launched Castle Harlan. Prior to that he was president and CEO of Donaldson, Lufkin & Jenrette, Inc.[11] and a director of the Equitable Life Assurance Society of the US.[12]

In 1969 – as chairman of DLJ's Merchant Banking and Sprout Group – Castle was a pioneer in the promotion of the use of limited partnerships as a means for pension funds and other large institutions to invest private capital into companies.[13]

Philanthropy and awards

In 2015, Castle was the recipient of the 2015 Peter Hilton Founder’s Award.[14] He was the 2017 Happy Warrior Award recipient of The Alfred E. Smith Memorial Foundation.[15]

Castle has endowed one Associate/Assistant Professorship in Economics and five graduate fellowships at The Massachusetts Institute of Technology.[16]

Education

Castle has a Bachelor’s Degree from the Massachusetts Institute of Technology, and an MBA from Harvard Business School where he was a Baker Scholar with High Distinction. He has been awarded four Honorary Doctorate degrees of Humane Letters.[17] One was from Franklin Pierce University.[18]

Palm Beach Residence

In 1995, Castle purchased and restored the Palm Beach estate formerly owned by the Kennedy family[19] (best known as John F. Kennedy’s Winter White House). In May 2015, Castle and his wife, Marianne, sold the estate for $31 million to TGS Florida LLC, managed by Jane H. Goldman of New York.[20]

Personal life

John K. Castle is married to Marianne with whom he has three sons, Dr. James Castle from Highland Park, Illinois, William Castle from Alexandria, Virginia, and John S. Castle.[21]

External links

Notes and References

  1. Web site: Mercedes M.. Cardona. Buy-Out Firm Likes the Traditional Path: Castle Harlan Sticks to Basic Philosophy. December 13, 2006. Pensions & Investments. 22 March 2016.
  2. Web site: Finding the Best Doctors. 22 March 2016.
  3. Web site: John K. Castle Defies Predictions, Thrives in Middle Market. McNulty. John. 2020-04-10. Private Equity Professional. en-US. 2020-04-19. August 5, 2020. https://web.archive.org/web/20200805015209/https://peprofessional.com/2020/04/85363/. dead.
  4. Web site: WHO WE ARE The people behind America's Top Doctors. Castle Connolly. 22 March 2016.
  5. Web site: Top Doctors 2020. 2020-09-23. Nevada Public Radio. en.
  6. Web site: Everyday Health Group acquires Castle Connolly Medical. Heltzel. Bill. 2019-01-21. Westfair Communications. en-US. 2019-03-27.
  7. Web site: Everyday Health Group Acquires Castle Connolly Medical Ltd., the Leading Healthcare Provider Research and Ratings Company. MarketWatch. en-US. 2019-03-27.
  8. Web site: Dear Castle Connolly Doctors, We Want to Help Everyday Health. 2020-09-23. EverydayHealth.com. en.
  9. Web site: Alumni & Friends Profile. MIT Department of Physics.
  10. Web site: John Castle Biography. ACG. 22 March 2016.
  11. Web site: John K. Castle Elected CEO At Donaldson, Lufkin & Jenrette. Associated Press. 22 March 2016.
  12. News: Gilpin. Kenneth. BUSINESS PEOPLE; Donaldson Executive Chosen. The New York Times. January 3, 1985. 22 March 2016.
  13. News: Wayne. Leslie. The Rise and Fall of the Big Breakup Deals. The New York Times. August 14, 1988. 22 March 2016.
  14. Web site: July 8, 2015 . Q&A Part II – Interview with John K. Castle, Chairman and Chief Executive Officer of Castle Harlan, Inc. . ACG New York . 25 October 2017.
  15. Web site: Krob. Jake. Castle named a 'Happy Warrior'. Marion Times. 25 October 2017.
  16. Web site: Alumni & Friends Profile. MIT Department of Physics. 25 October 2017.
  17. Web site: John Castle: Advisory Group Member. John Castle | EastWest Institute. East West NGO. 22 March 2016.
  18. Web site: Franklin Pierce University's 2014 Commencement Shines!. Franklin Pierce University. 22 March 2016.
  19. Web site: The Kennedys Give up a Beachhead. Bloomberg. 22 March 2016.
  20. Web site: Bandell. Brian. Winter White House: Former Kennedy estate in Palm Beach sold for $31M. BizJournals. 22 March 2016.
  21. Web site: Wedding Days . New York Social Diary . 22 March 2016 . bot: unknown . https://web.archive.org/web/20160306061920/http://www.newyorksocialdiary.com/legacy/partypictures/2007/01_05_07/partypictures01_05_07.php . March 6, 2016 .

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