Thomas W. Jones
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Thomas Wade Jones (born 1949) is senior partner of TWJ Capital LLC. Previously he served as chairman and chief executive officer of
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 ...
Inc.'s Global Investment Management from 1999 to 2004. He joined
Travelers Group The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through indepen ...
as vice chairman in 1997 and served as chairman and
chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
of Smith Barney Asset Management until October 1998. Prior to joining Travelers Group, Jones served as vice chairman of
TIAA-CREF The Teachers Insurance and Annuity Association of America-College Retirement Equities Fund (TIAA, formerly TIAA-CREF), is a Fortune 100 financial services organization that is the leading provider of financial services in the academic, research, ...
, the largest pension system in the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
, from 1995 to 1997, president and
chief operating officer A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the "C-suite". The COO is usually the second-in-command at the firm, especially if t ...
from 1993 to 1997, and
chief financial officer The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financ ...
from 1989 to 1993. From 1982 to 1989 Jones served as senior vice president and treasurer of the John Hancock Mutual Life Insurance Company. Jones is a director of financial guarantor Assured Guarant

and financial services firm Jefferies Financial Group, and trustee emeritus of
Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach an ...
. Past board positions include vice chairman of
Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses the State of New York, the 12 northern counties of New ...
, Altria Group, Freddie Mac,
Travelers Group The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through indepen ...
,
Pepsi Bottling Group The Pepsi Bottling Group, Inc. was the world's largest bottling company, bottler of Pepsi-Cola beverages. PBG sales of Pepsi-Cola beverages accounted for more than one-half of the Pepsi-Cola beverages sold in the United States and Canada and abou ...
, Eastern Enterprises, Thomas & Betts Corporation,
Investment Company Institute The Investment Company Institute (ICI) is a global association of regulated funds, including mutual funds, exchange-traded funds, closed-end funds and unit investment trusts in the United States, and similar funds offered to investors in jurisd ...
, and trustee of
The Economic Club of New York The Economic Club of New York is a U.S. nonprofit and non-partisan membership organization dedicated to promoting the study and discussion of social, economic and political questions. History Founded in 1907, the Economic Club of New York is t ...
. As a student at
Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach an ...
, Jones participated in a 36-hour armed occupation of Willard Straight Hall by African-American students on April 19, 1969. The occupation came to a peaceful resolution. The Africana Studies curriculum was later established at Cornell University. He was also selected for membership in Cornell's
Quill and Dagger Quill and Dagger is a senior honor society at Cornell University. It is often recognized as one of the most prominent societies of its type, along with Skull and Bones and Scroll and Key at Yale University. In 1929, ''The New York Times'' stated t ...
society, and later earned an MBA from
Boston University Boston University (BU) is a private research university in Boston, Massachusetts. The university is nonsectarian, but has a historical affiliation with the United Methodist Church. It was founded in 1839 by Methodists with its original campu ...
. In 1993 Jones created and endowed The James A. Perkins Prize for Interracial and Intercultural Peace and Harmony to honor the former Cornell University president who launched a successful effort to improve black student recruitment in the 1960's, and resigned Cornell's presidency in June 1969 following the Willard Straight Hall Takeover. The Perkins Prize is awarded annually to the Cornell program or organization making the most significant contribution to furthering the ideal of university community while respecting the values of racial and cultural diversity. Thomas Jones is author of From Willard Straight to Wall Street: A Memoir (published by Cornell University Press, 2019), winner of the 2020 Axiom Business Book Bronze Prize in the memoir/biography category. Jones is trustee emeritus of Cornell University; recipient of the Frank H.T. Rhodes Exemplary Alumni Service Award from Cornell University; and has been elected Presidential Councillor by Cornell University, the university's highest distinction. Jones has also been awarded honorary doctoral degrees by Howard University, Pepperdine University, and College of New Rochelle. Jones is cited in the book The 100 Most Notable Cornellians by Glenn C. Altschuler, Isaac Kramnick, and R. Laurence Moore (Cornell University Press, 2003)


References

Author, From Willard Straight to Wall Street: A Memoir https://www.cornellpress.cornell.edu/book/9781501736322/from-willard-straight-to-wall-street Author, Race in America blo


External links


TWJ Capital
*From Willard Straight to Wall Street: A Memoi
https://tomjones69.com/
*From Willard Straight to Wall Street: A Memoir https://www.cornellpress.cornell.edu/book/9781501736322/from-willard-straight-to-wall-street *The 100 Most Notable Cornellians https://www.cornellpress.cornell.edu/book/9780801439582/the-100-most-notable-cornellians {{DEFAULTSORT:Jones, Thomas W. 1949 births Date of birth missing (living people) Living people African-American business executives American business executives Boston University School of Management alumni Cornell University College of Architecture, Art, and Planning alumni Businesspeople from Philadelphia American chief operating officers American chief financial officers American chief executives of financial services companies 20th-century American businesspeople 21st-century African-American people Fellows of the American Physical Society 20th-century African-American businesspeople