William F. Aldinger III (born June 25, 1947) is an American businessman. Aldinger served as the President and Chief Executive Officer of Capmark (now

Ally Financial Ally Financial is a bank holding company organized in Delaware and headquartered in Detroit, Michigan. The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage ...

) from June 2006 to December 2008. He has served as Consultant of Capmark since December 2008.

Background

Education

Aldinger was born in Brooklyn, New York, and graduated from

Baruch College Baruch College (officially the Bernard M. Baruch College) is a public college in New York City. It is a constituent college of the City University of New York system. Named for financier and statesman Bernard M. Baruch, the college operates und ...

in 1969 and

Brooklyn Law School Brooklyn Law School (BLS) is a private law school in New York City. Founded in 1901, it has approximately 1,100 students. Brooklyn Law School's faculty includes 60 full-time faculty, 15 emeriti faculty, and a number of adjunct faculty. Brookly ...

, where he received his J.D. degree, in 1975. He was presented with an Honorary Doctorate from Baruch in 2005. He is a Member of the New York Bar.

Career

Aldinger served at U.S. Trust Company, New York from 1969 to 1975, and

Citibank Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City ...

, New York from 1975 to 1986. In 1986, he joined

Wells Fargo Bank Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and inter ...

, San Francisco, as executive vice president of its private banking group, and in 1992, he was named vice chairman. Aldinger served with

HSBC HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tri ...

for 11 years until April 2005. He joined HSBC Finance Corporation (formerly

Household International HSBC Finance Corporation is a financial services company and a subsidiary of HSBC Holdings. It is the sixth-largest issuer of MasterCard and Visa credit cards in the United States. HSBC Finance Corporation was formed from the legal entity that ...

, Inc.) in September 1994, and served as its President, Chairman, and Chief Executive Officer from May 1996 to April 2005. Aldinger served as the President and Chief Executive Officer of HSBC North America Holdings Inc. from January 2004 to April 2005. He served as a Member of Management Board at

HSBC Holdings plc HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tril ...

until April 2005. He served as Chairman HSBC North America Holdings Inc. from January 2004 to April 2005. He served as Chairman of the Board of HSBC USA Inc. since January 2004 and HSBC Bank USA NA from January 2004 to April 2005. He served as the Chairman of

HSBC Bank Canada HSBC Bank Canada (french: Banque HSBC Canada), formerly the Hongkong Bank of Canada (HBC), is a Canadian chartered bank and the Canadian subsidiary of British multinational banking and financial services company HSBC. HSBC Canada is the seventh ...

. Aldinger served as the President and Chief Executive Officer of Capmark (now

) from June 2006 to December 2008. He has served as Consultant of Capmark since December 2008.

Directorships

Aldinger serves as a Member of the Boards of Trustees of

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 ...

and Chicago's Museum of Science and Industry. He serves as a Director of the combined Board of Children's Memorial Medical Center/

Children's Memorial Hospital Ann & Robert H. Lurie Children's Hospital of Chicago, formerly Children's Memorial Hospital and commonly known as Lurie Children's, is a nationally ranked pediatric acute care children's hospital located in Chicago, Illinois. The hospital has 3 ...

and the Children's Memorial Foundation, and as a Member of the Board of Directors of Evanston Northwestern Healthcare. He served as a Director of

Illinois Tool Works Illinois Tool Works Inc. or ITW is an American Fortune 200 company that produces engineered fasteners and components, equipment and consumable systems, and specialty products. It was founded in 1912 by Byron L. Smith and has built its growth on ...

Inc. from 1998 to May 2010, of Capmark Financial Group Inc. from June 2006 to December 2008, and of

. He served as an Executive Director of

HSBC Holdings PLC HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tril ...

from April 2003 to April 2005. He served as a Director of HSBC Financial Corporation Limited until April 2005, and as a Director of HSBC USA Inc. and HSBC Bank USA NA from October 2003 to April 2005, of AT&T Corp. from July 2003 to November 2005, of HSBC Finance Corp. from September 1994 to April 2005, of HSBC North America Holdings Inc. until April 2005, and of the Board of Directors of Stone Container Corp. He has been Chairman of Museum of Science and Industry in Chicago since May 1996. He served as the Chairman of the Board of Capmark (now

) from March 2008 to December 2008.

Honors

He was inducted into

Junior Achievement JA (Junior Achievement) Worldwide is a global non-profit youth organization founded in 1919 by Horace A. Moses, Theodore Vail, and Winthrop M. Crane. JA works with local businesses, schools, and organizations to deliver experiential learning ...

's Chicago Business Hall of Fame in 2002; was awarded

Baruch University Baruch College (officially the Bernard M. Baruch College) is a public college in New York City. It is a constituent college of the City University of New York system. Named for financier and statesman Bernard M. Baruch, the college operates un ...

's Distinguished Alumnus Award and the

United Negro College Fund UNCF, the United Negro College Fund, also known as the United Fund, is an American philanthropic organization that funds scholarships for black students and general scholarship funds for 37 private historically black colleges and universities. ...

's Harold H. Hines award in 2004.

References

{{DEFAULTSORT:Aldinger, William F., III 1947 births American chief executives American directors Baruch College alumni Brooklyn Law School alumni Businesspeople from Brooklyn Lawyers from Brooklyn New York (state) lawyers Living people