Frank E. Baxter is a Republican

Republican Party (United States)

The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...

 American

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 businessman and diplomat. He served as the United States Ambassador to Uruguay

United States Ambassador to Uruguay

The following is a list of United States ambassadors, or other chiefs of mission, to Uruguay. The current title given by the United States State Department to this position is Ambassador Extraordinary and Minister Plenipotentiary.-See also:...

 under George W. Bush

George W. Bush

George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....

, from 2006 to 2009.

Biography

Frank E. Baxter was born in Northern California

Northern California

Northern California is the northern portion of the U.S. state of California. The San Francisco Bay Area , and Sacramento as well as its metropolitan area are the main population centers...

 in 1938. He served in the U.S. Air Force for four years. In 1961, he graduated from the University of California at Berkeley with a B.A. in Economics

Economics

Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

. From 1961 to 1963, he worked for the Bank of California

Bank of California

The Bank of California was opened in San Francisco, California, on July 4, 1864, by William Chapman Ralston. It was the first commercial bank in the Western United States, the second-richest bank in the nation, and considered instrumental in developing the American Old West.-History:The ancestor of...

 in San Francisco. In 1963, he joined J.S. Strauss and Company, San Francisco.

From 1974 to 2002, he worked for Jefferies and Company. By 1987, he became its CEO, and started the Investment Technology Group

Investment Technology Group

Investment Technology Group, Inc. is a United States-based multinational agency brokerage and financial markets technology firm aimed at a hedge fund and asset management clientele. One of the first suppliers of electronic trading services, ITG launched the industry’s second anonymous electronic...

.

He has served on the Board of Directors of NASDAQ

NASDAQ

The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...

 and the Securities Industry Association

Securities Industry Association

The Securities Industry Association was an association of firms and people who handle securities . In 2006 it merged with the Bond Market Association to form the Securities Industry and Financial Markets Association....

. He is also Chairman of the Board of Governors of Fremont College

Fremont College

Fremont College is a for profit, degree-granting college based in Los Angeles and Cerritos, California. It offers professional degree programs in the fields of Business, Legal Studies, Design, and Wellness. The College’s intensive baccalaureate degree programs span approximately 2.5 years and its...

.

He is also the Chairman of the Board of Alliance for College-Ready Public Schools

Alliance for College-Ready Public Schools

Alliance for College-Ready Public Schools is a not-for-profit organization which operates charter schools in Los Angeles. Its president and CEO is Judy Ivie Burton, a former Superintendent of Local District B in the Los Angeles Unified School District.-References:****-External links:*...

 and After-School All Stars. He is a Board Member of the California Institute of the Arts

California Institute of the Arts

The California Institute of the Arts, commonly referred to as CalArts, is located in Valencia, in Los Angeles County, California. It was incorporated in 1961 as the first degree-granting institution of higher learning in the United States created specifically for students of both the visual and the...

, a member of Governor Schwarzenegger's Commission for Jobs and Economic Growth, Vice Chairman of the Board of the Los Angeles Opera

Los Angeles Opera

The Los Angeles Opera is an opera company in Los Angeles, California. It is the fourth largest opera company in the United States. The company's home base is the Dorothy Chandler Pavilion, part of the Los Angeles Music Center.-Current leadership:...

, Chairman of the Executive Committee of the Los Angeles County Museum of Art

Los Angeles County Museum of Art

The Los Angeles County Museum of Art is an art museum in Los Angeles, California. It is located on Wilshire Boulevard along Museum Row in the Miracle Mile vicinity of Los Angeles, adjacent to the George C. Page Museum and La Brea Tar Pits....

. He sits on the Board of Overseers of the Hoover Institution

Hoover Institution

The Hoover Institution on War, Revolution and Peace is a public policy think tank and library founded in 1919 by then future U.S. president, Herbert Hoover, an early alumnus of Stanford....

. He is a Trustee of the University of California Berkeley Foundation and the LA Chapter of the I Have A Dream Foundation. He is a member of the Council of American Ambassadors

Council of American Ambassadors

The Council of American Ambassadors is a nonprofit, nonpartisan association of former and incumbent non-career United States Ambassadors. The organization provides advice and assistance to the U.S. Department of State, as appropriate, and endeavors to educate the public on foreign policy issues...

.

He is a member of the California Club

California Club

The California Club is a private social club established in 1888 in downtown Los Angeles, the oldest such club in Southern California. Its building was erected in 1929 and 1930 and was listed on the National Register of Historic Places in 2010.- History :...

, the Los Angeles Country Club

Los Angeles Country Club

The Los Angeles Country Club is a golf and country club in Los Angeles, California.- History :In the fall of 1897, a group of Los Angelenos organized a voluntary association to further the cause of one of Southern California's newest sports...

, the Siwanoy Country Club, and the University Club of New York. He is the recipient of the Bet Tzedek award.