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Jeffrey W. Ubben

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Jeffrey W. Ubben
Born
Jeffrey Williams Ubben

1961 or 1962 (age 62–63)[1]
NationalityAmerican
Alma materDuke University
Kellogg School of Management
OccupationBusinessman

Jeffrey Williams Ubben (born 1961 or 1962) is an American businessman. He is the co-founder and chairman of ValueAct Capital, a hedge fund based in San Francisco, California. Ubben is an activist board member of Exxon Mobil.[2][3]

Early life

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Jeffrey W. Ubben graduated from Duke University.[1] He received a master of business administration from the Kellogg School of Management at Northwestern University in 1987.[1][4]

Business career

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Ubben managed the Fidelity Value Fund at Fidelity Investments for eight years.[5] He was the Managing Partner of Blum Capital from 1995 to 2000.[1]

Ubben is the co-founder of ValueAct Capital, a hedge fund based in San Francisco, California, in 2000.[1][4]

Ubben formerly was on the Boards of Directors of Acxiom, Gartner, Misys, Omnicare, and the Sara Lee Corporation.[5] He is on the board of directors of the Willis Group.[5] In September 2015, he was nominated to the Board of Directors of 21st Century Fox.[6][7]

In August 2015, Ubben acquired a minority stake in the United Talent Agency.[8]

In June 2020, Ubben left ValueAct Capital in order to focus on social investing.[9]

Philanthropy

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Ubben is chair emeritus of the national Board of Directors of the Posse Foundation.[10] He is on the Boards of Trustees of Northwestern University and the American Conservatory Theater.[11][12] Ubben is also on the board of directors of the E.O. Wilson Biodiversity Foundation.[13] In September, 2019, it was announced that Jeff Ubben and his wife Laurie "have made an estate commitment of $50 million to support scholarships for undergraduate, graduate and professional school students" at Northwestern University, the largest donation towards financial aid in the university's history.[14]

References

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  1. ^ a b c d e "Company Overview of ValueAct Capital Partners, L.P.: Jeffrey Williams Ubben". Bloomberg Business. Retrieved October 26, 2015.
  2. ^ "Exxon considering to add activist investor Jeff Ubben to board". thechronicleherald.
  3. ^ "Michael Angelakis and Jeffrey Ubben Join ExxonMobil Board of Directors". finance.yahoo.com.
  4. ^ a b Farell, Rachel. "Alumni Profiles: Jeff Ubben '87". Kellogg School of Management. Retrieved October 26, 2015.
  5. ^ a b c "Board of Directors". About Willis. Retrieved October 26, 2015.
  6. ^ Hagey, Keach; Benoit, David (September 29, 2015). "Fox Nominates ValueAct CEO Jeffrey Ubben to Board: Ubben says Netflix's industry impact is catalyst for 'fundamental change in strategy'". The Wall Street Journal. Retrieved October 25, 2015.
  7. ^ Lang, Brent (September 29, 2015). "21st Century Fox Taps Investor Jeffrey Ubben to Join Board". Variety. Retrieved October 25, 2015.
  8. ^ Barnes, Brooks (August 20, 2015). "Jeffrey Ubben Buys Minority Stake in United Talent Agency". The New York Times. Retrieved October 26, 2015.
  9. ^ Stevens, Pippa (23 June 2020). "Jeff Ubben tells the FT he is leaving ValueAct for social investing: 'Finance is, like, done'". CNBC. Retrieved 16 September 2020.
  10. ^ "Posse Board of Directors". Retrieved May 29, 2018.
  11. ^ "Trustees". Northwestern University. Retrieved October 26, 2015.
  12. ^ "Board of Trustees". American Conservatory Theater. Retrieved October 26, 2015.
  13. ^ "E.O. Wilson Biodiversity Foundation » Management Team". Retrieved 2019-06-10.
  14. ^ "Northwestern Receives Largest Gift to Financial Aid in Its History". We Will. The Campaign for Northwestern. September 12, 2019. Retrieved 23 September 2019.