Gary W. Parr is Senior Managing Director of

Apollo Global Management Apollo Global Management, Inc. is an American global private-equity firm. It provides investment management and invests in credit, private equity, and real assets. As of March 31, 2022, the company had $512 billion of assets under management, ...

and a member of the Executive Committee. He was a Vice Chairman and member of the Board of Directors of

Lazard Lazard Ltd (formerly known as Lazard Frères & Co.) is a financial advisory and asset management firm that engages in investment banking, asset management and other financial services, primarily with institutional clients. It is the world's lar ...

. He was an investment banker who had focused on the financial services industry for more than 30 years.

Career

Parr began his career at

First Boston Corp : ''For the company after its acquisition by Credit Suisse, see Credit Suisse First Boston (known as CSFB and CS First Boston)'' The First Boston Corporation was a New York-based bulge bracket investment bank, founded in 1932 and acquired by Credi ...

., where he worked on insurance industry mergers. In 1988, he was part of a group that formed the advisory firm

Wasserstein Perella Wasserstein Perella & Co., sometimes referred to as "Wasserella", was a boutique investment bank established by Bruce Wasserstein, Joseph R. Perella, Bill Lambert, and Charles Ward in 1988, former bankers at First Boston Corp., until its eventu ...

, co-founded by

Bruce Wasserstein Bruce Jay Wasserstein (December 25, 1947 – October 14, 2009) was an American investment banker, businessman, and writer. He was a graduate of the McBurney School, University of Michigan, Harvard Business School, and Harvard Law School, and spe ...

and

Joseph Perella Joseph R. Perella (born September 20, 1941) is an American financier. Early life Perella was born in Newark, New Jersey, to an accountant. Perella attended Lehigh University on a full scholarship. During his time at Lehigh, Perella was a member ...

and rose to be Co-President. In 1993, he moved to

Morgan Stanley Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the fir ...

, where his roles included heading the global financial institutions group and co-heading the global M&A division. He joined

in 2003. He has advised clients on many of the largest mergers and acquisitions and strategic investments in the financial services industry, including: the sale of Lehman’s North American investment banking business to

Barclays Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...

; the sale of

Bear Stearns The Bear Stearns Companies, Inc. was a New York-based global investment bank, securities trading and brokerage firm that failed in 2008 as part of the global financial crisis and recession, and was subsequently sold to JPMorgan Chase. The compa ...

JP Morgan JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the wo ...

; Mitsubishi UFJ’s investment in

;

Kuwait Kuwait (; ar, الكويت ', or ), officially the State of Kuwait ( ar, دولة الكويت '), is a country in Western Asia. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the nort ...

’s investment in

Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking ...

;

China Investment Corp China Investment Corporation (CIC) ( Chinese: 中国投资有限责任公司; pinyin: ''zhōngguó tóuzī yǒuxiàn zérèn gōngsī'') is a sovereign wealth fund that manages part of the People's Republic of China's foreign exchange reserves. ...

.’s investment in

; the merger of

Bank of New York The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Financ ...

and Mellon; the sale of Donaldson Lufkin & Jenrette to

Credit Suisse First Boston Credit Suisse First Boston (also known as CSFB and CS First Boston) is the investment banking affiliate of Credit Suisse headquartered in New York. The company was created by the merger of First Boston, First Boston Corporation and Credit Suisse, ...

; Dean Witter Discover’s merger with Morgan Stanley; and

Berkshire Hathaway Berkshire Hathaway Inc. () is an American Multinational corporation, multinational conglomerate (company), conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from ...

’s acquisition of

GEICO The Government Employees Insurance Company (GEICO ) is a private American auto insurance company with headquarters in Chevy Chase, Maryland. It is the second largest auto insurer in the United States, after State Farm. GEICO is a wholly owne ...

. He is also a founder of Parré, a luxury chocolate brand with his wife, Katherine.

Personal

Parr is from

Charlotte, North Carolina Charlotte ( ) is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 16th-most populo ...

. He attended the

University of North Carolina at Chapel Hill A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States ...

. He graduated from Kenan-Flagler Business School in 1979 with honors,

Phi Beta Kappa The Phi Beta Kappa Society () is the oldest academic honor society in the United States, and the most prestigious, due in part to its long history and academic selectivity. Phi Beta Kappa aims to promote and advocate excellence in the liberal a ...

and

Beta Gamma Sigma Beta Gamma Sigma () is the International Business Honor Society. Founded in 1913 at the University of Wisconsin, University of Illinois and the University of California, it has over 980,000 members, selected from more than 600 collegiate chapters ...

, and was in

Pi Kappa Phi Pi Kappa Phi (), commonly known as Pi Kapp(s), is an American Greek Letter secret and social fraternity. It was founded by Andrew Alexander Kroeg Jr., Lawrence Harry Mixson, and Simon Fogarty Jr. on December 10, 1904 at the College of Charleston ...

fraternity. He also received an MBA from

Northwestern University Northwestern University is a private research university in Evanston, Illinois. Founded in 1851, Northwestern is the oldest chartered university in Illinois and is ranked among the most prestigious academic institutions in the world. Charte ...

’s

Kellogg School of Management The Kellogg School of Management at Northwestern University (also known as Kellogg) is the business school of Northwestern University, a private research university in Evanston, Illinois. Founded in 1908, Kellogg is one of the oldest and most p ...

. Bloomberg News, in an article titled "The Willy Wonka of Wall Street," has reported that he has founded Parré Chocolat, a luxury chocolate business with ethical trading practices and a transparent supply chain, with his wife, Katherine Parr. Parr is said to enjoy architectural renovation projects, and owns historic properties in Tuxedo Park, NY and Palm Beach, Florida, as well as a home in New York City. He was formerly chairman of Venetian Heritage, a historical restoration organization. He established the Parr Center for Ethics at the

in 2004. Among other activities, the Parr Center sponsors visiting scholars, talks by prominent philosophers, and intercollegiate debates on ethical issues. He serves as Chairman of the Center and Sarah Stroud became Director of the Center in 2018. In October 2014, the Wainstein Report revealed that the Director of the Parr Center for Ethics, Jan Boxill, "... was responsible for funneling student-athletes into bogus paper classes and negotiating the grade they would need to stay eligible" in an academic fraud at UNC that persisted from 1997 until 2011. In November 2014,

Geoffrey Sayre-McCord Geoffrey Sayre-McCord (né McCord, born December 10, 1956) is an Americans, American philosopher who works in moral theory, ethics, meta-ethics, the history of ethics, and epistemology. He teaches at the University of North Carolina, Chapel Hill ...

, an eminent meta-ethacist specializing in

moral relativism Moral relativism or ethical relativism (often reformulated as relativist ethics or relativist morality) is used to describe several philosophical positions concerned with the differences in moral judgments across different peoples and cultures. ...

and the ethical perspectives of

David Hume David Hume (; born David Home; 7 May 1711 NS (26 April 1711 OS) – 25 August 1776) Cranston, Maurice, and Thomas Edmund Jessop. 2020 999br>David Hume" ''Encyclopædia Britannica''. Retrieved 18 May 2020. was a Scottish Enlightenment philo ...

, replaced Boxill as Director of the Parr Center for Ethics. In 2013, he was awarded the Distinguished Alumnus Award from the

University of North Carolina The University of North Carolina is the multi-campus public university system for the state of North Carolina. Overseeing the state's 16 public universities and the NC School of Science and Mathematics, it is commonly referred to as the UNC Sy ...

. Parr is currently chairman emeritus of the

New York Philharmonic The New York Philharmonic, officially the Philharmonic-Symphony Society of New York, Inc., globally known as New York Philharmonic Orchestra (NYPO) or New York Philharmonic-Symphony Orchestra, is a symphony orchestra based in New York City. It is ...

, and served as chairman from September 2009 to February 2015. He also served on the board of the Kenan-Flagler Business School at the

. Parr is known to be "a frugal sort who says he cuts his own hair". He is married to Katherine Parr, an American-born, Fulbright Program-recognized, Villanova University School of Business-educated designer and entrepreneur; educator, advocate, and former fashion model.

Affiliations

*Chairman Emeritus and Board Member:

*Chairman: Parr Center for Ethics at

*Former Board Member:

Lincoln Center for the Performing Arts Lincoln Center for the Performing Arts (also simply known as Lincoln Center) is a complex of buildings in the Lincoln Square neighborhood on the Upper West Side of Manhattan. It has thirty indoor and outdoor facilities and is host to 5 millio ...

*Former Board member: Berkeley Divinity School - Yale *Former Chairman: Venetian Heritage *Fraternity:

Delta Sigma Pi Delta Sigma Pi () (officially the International Fraternity of Delta Sigma Pi, Inc.) is a coeducational professional business fraternity and one of the largest in the United States. Delta Sigma Pi was founded on November 7, 1907, at the School ...

*Fraternity:

References

{{DEFAULTSORT:Parr, Gary American investment bankers Kellogg School of Management alumni Living people Northwestern University alumni UNC Kenan–Flagler Business School alumni Year of birth missing (living people)

Career

Personal

Affiliations

See also

References