Ellis Jones (chief executive)
Encyclopedia
Ellis B. Jones is the Chief Executive Officer of Wasserstein & Co.
Jones graduated from the Yale School of Management
and the University of California, Berkeley
.
Jones has spent more than twenty years in investment banking
and private equity
and has been responsible for building and overseeing both industry and product groups at major investment banking firms. He was the senior partner responsible for the sale of All-Clad Holdings to Waterford Wedgewood PLC, the sale of Odwalla Corporation to Coca-Cola
, and is currently Chairman of the Board of Element K and was the senior partner in charge of its purchase from Ziff Davis
.
Previously, Jones was Head of West Coast Investment Banking at Wasserstein Perella & Co.
and, prior to that, was Managing Director/Head of Los Angeles Investment Banking as well as Head of the Hotel and Gaming Group at Salomon Brothers
during the period of 1988 through 1994. Before that period, he was a Vice President in investment banking at The First Boston Corporation, where he worked as a member of the firm’s direct investments and real estate partnerships. He has also provided a range of strategic investment banking services to such clients as Mirage Resorts
, Occidental Petroleum
, Mandalay Bay Group, Tracinda
, ITT
, and Disney. He currently serves on the Boards of Directors of Element K, True Advantage, Phoenix House (a non-profit organization) and the Cate school in Carpinteria, California
. He was also a former director of Imax Corporation.
Jones graduated from the Yale School of Management
Yale School of Management
The Yale School of Management is the graduate business school of Yale University and is located on Hillhouse Avenue in New Haven, Connecticut, United States. The School offers Master of Business Administration and Ph.D. degree programs. As of January 2011, 454 students were enrolled in its MBA...
and the University of California, Berkeley
University of California, Berkeley
The University of California, Berkeley , is a teaching and research university established in 1868 and located in Berkeley, California, USA...
.
Jones has spent more than twenty years in investment banking
Investment banking
An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...
and private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
and has been responsible for building and overseeing both industry and product groups at major investment banking firms. He was the senior partner responsible for the sale of All-Clad Holdings to Waterford Wedgewood PLC, the sale of Odwalla Corporation to Coca-Cola
Coca-Cola
Coca-Cola is a carbonated soft drink sold in stores, restaurants, and vending machines in more than 200 countries. It is produced by The Coca-Cola Company of Atlanta, Georgia, and is often referred to simply as Coke...
, and is currently Chairman of the Board of Element K and was the senior partner in charge of its purchase from Ziff Davis
Ziff Davis
Ziff Davis Inc. is an American publisher and Internet company. It was founded in 1927 in Chicago by William B. Ziff, Sr. and Bernard G. Davis. Throughout most of its history, it was a publisher of hobbyist magazines, often ones devoted to expensive, advertiser-rich hobbies such as cars,...
.
Previously, Jones was Head of West Coast Investment Banking at Wasserstein Perella & Co.
Wasserstein Perella & Co.
Wasserstein Perella & Co. was an investment bank established by Bruce Wasserstein, Joseph R. Perella, Bill Lambert, and one other founder in 1988, former bankers at First Boston Corp., until its eventual sale to Dresdner Bank in 2000 for some $1.4 billion in stock...
and, prior to that, was Managing Director/Head of Los Angeles Investment Banking as well as Head of the Hotel and Gaming Group at Salomon Brothers
Salomon Brothers
Salomon Brothers was a bulge bracket, Wall Street investment bank. Founded in 1910 by three brothers along with a clerk named Ben Levy, it remained a partnership until the early 1980s, when it was acquired by the commodity trading firm Phibro Corporation and then became Salomon Inc. Eventually...
during the period of 1988 through 1994. Before that period, he was a Vice President in investment banking at The First Boston Corporation, where he worked as a member of the firm’s direct investments and real estate partnerships. He has also provided a range of strategic investment banking services to such clients as Mirage Resorts
Mirage Resorts
Mirage Resorts was an American corporation that owned and operated hotel-casinos. It was created in 1989, having previously been called Golden Nugget Companies...
, Occidental Petroleum
Occidental Petroleum
Occidental Petroleum Corporation is a California-based oil and gas exploration and production company with operations in the United States, the Middle East, North Africa, and South America...
, Mandalay Bay Group, Tracinda
Tracinda
Tracinda Corporation is a private investment corporation owned by Kirk Kerkorian. Major investments include a minority interest of MGM Resorts International . Tracinda is headquartered on Rodeo Drive in Beverly Hills...
, ITT
ITT Corporation
ITT Corporation is a global diversified manufacturing company based in the United States. ITT participates in global markets including water and fluids management, defense and security, and motion and flow control...
, and Disney. He currently serves on the Boards of Directors of Element K, True Advantage, Phoenix House (a non-profit organization) and the Cate school in Carpinteria, California
Carpinteria, California
Carpinteria is a small oceanside city located in southeastern Santa Barbara County, California, east of Santa Barbara and northwest of Ventura. The population was 13,040 at the 2010 census, down from 14,194 at the 2000 census....
. He was also a former director of Imax Corporation.