The Nation’s Largest African American Video Oral History Collection Mobile search icon Mobile close search icon
Advanced Biography Search
Mobile navigation icon Close mobile navigation icon

Raymond J. McGuire

Share on Social Media

Information about Raymond J. McGuire

Profile image of Raymond J. McGuire

Profession

Category:
BusinessMakers
Occupation(s):
Investment Banker

Favorites

Favorite Color:
Blue, Brown
Favorite Food:
Turkey Burgers
Favorite Time of Year:
Fall
Favorite Vacation Spot:
Saint Barthelemy
Favorite Quote:
Hold Fast To Dreams, For If Dreams Die, Life Is A Broken Winged Bird That Cannot Fly, Hold Fast To Dreams, For If Dreams Go, Life Is A Barren Field, Frozen With Snow.

Birthplace

Born:
1/23/1957
Birth Location:
Youngstown, Ohio

Profession

Category:
BusinessMakers
Occupation(s):
Investment Banker

Favorites

Favorite Color:
Blue, Brown
Favorite Food:
Turkey Burgers
Favorite Time of Year:
Fall
Favorite Vacation Spot:
Saint Barthelemy
Favorite Quote:
Hold Fast To Dreams, For If Dreams Die, Life Is A Broken Winged Bird That Cannot Fly, Hold Fast To Dreams, For If Dreams Go, Life Is A Barren Field, Frozen With Snow.

Birthplace

Born:
1/23/1957
Birth Location:
Youngstown
See how Raymond J. McGuire is related to other HistoryMakers

Biography

Investment banker Raymond J. McGuire was born on January 23, 1957, in Dayton, Ohio. After graduating from the Hotchkiss School in 1975, McGuire enrolled in Harvard University. He went on to graduate from Harvard College cum laude with his A.B. degree in English in 1979. McGuire was awarded a Rotary Fellowship to attend the University of Nice in France in 1980. In 1984, McGuire graduated from Harvard Business School with his M.B.A. degree and from Harvard Law School with his J.D. degree.

McGuire began his career in the mergers and acquisitions department at First Boston Corporation. In 1988, when Joseph R. Perella and Bruce Wasserstein, top officers at First Boston Corporation, left to start their own firm, McGuire went with them. At Wasserstein Perella & Co., McGuire played a key role in many transactions, including Pitney Bowes, Inc.’s acquisition of Ameriscribe. He served as a partner and managing director at Wasserstein Perella & Co. from 1991 to 1994, and then became the managing director of mergers & acquisitions at Merrill Lynch Investment, Inc. In 2000, McGuire was appointed as the the global co-head of mergers & acquisitions at Morgan Stanley where he advised the $19.8 billion sale of Nabisco Holdings to the Philip Morris Company and Pfizer’s sale of its Schick Wilkinson Sword business to Energizer for $930 million in 2003. In 2005, McGuire left Morgan Stanley and was appointed as the co-head of investment banking at Citigroup Corporate and Investment Banking. He became the head of global banking in 2009. While there, McGuire managed more than two thousand employees and advised business mergers and acquisitions valued at more than $200 billion, such as Time Warner, Inc.’s $45 billion separation from Time Warner Cable.

McGuire was named chairman of the board of the Studio Museum in Harlem and vice chairman of the board and investment committee chairman of the Whitney Museum of American Art. He also served on the executive committee of the International Center of Photography, as a trustee of the Lincoln Center and chairman of the board of the De La Salle Academy, and as a member of the board of the Mayor’s Cultural Affairs Advisory Committee for the City of New York. In addition, he served as a trustee of New York-Presbyterian Hospital. For Harvard University, he has served as a member of the Overseers and Directors Nominating Committee.

In 2002, Black Enterprise magazine named McGuire one of the “Top 50 African Americans on Wall Street.” He has also received the Alumni Professional Achievement Award from the Harvard Business School, and was named a Distinguished Patron of the Arts by the Pratt Institute.

Raymond J. McGuire was interviewed by The HistoryMakers on June 24, 2013.

See how Raymond J. McGuire is related to other HistoryMakers
Loading...
Click Here To Explore The Archive Today!
  • Tape: 1 Story: 1 - Slating of Raymond McGuire's interview
  • Tape: 1 Story: 2 - Raymond McGuire lists his favorites
  • Tape: 1 Story: 3 - Raymond McGuire talks about his maternal family background
  • Tape: 1 Story: 4 - Raymond McGuire talks about his siblings
  • Tape: 1 Story: 5 - Raymond McGuire describes his earliest childhood memories in Dayton, Ohio
  • Tape: 1 Story: 6 - Raymond McGuire describes his community in Dayton, Ohio
  • Tape: 1 Story: 7 - Raymond McGuire talks about his age difference with his older brothers
  • Tape: 1 Story: 8 - Raymond McGuire talks about growing up in the Bethel Church of God in Christ
  • Tape: 1 Story: 9 - Raymond McGuire continues to describe his community in Dayton, Ohio
  • Tape: 1 Story: 10 - Raymond McGuire describes his childhood personality
  • Tape: 1 Story: 11 - Raymond McGuire talks about his maternal grandparents
  • Tape: 1 Story: 12 - Raymond McGuire describes his earliest memories of grade school
  • Tape: 1 Story: 13 - Raymond McGuire talks about differences between his academic environment and home environment
  • Tape: 1 Story: 14 - Raymond McGuire talks about attending The Miami Valley School in Dayton, Ohio
  • Tape: 2 Story: 1 - Raymond McGuire talks about his first jobs in Dayton, Ohio
  • Tape: 2 Story: 2 - Raymond McGuire describes the student demographic at Miami Valley School in Dayton, Ohio
  • Tape: 2 Story: 3 - Raymond McGuire talks about people he looked up to as a child
  • Tape: 2 Story: 4 - Raymond McGuire talks about interviewing for and attending the Hotchkiss School in Lakeville, Connecticut
  • Tape: 2 Story: 5 - Raymond McGuire describes student style at the Hotchkiss School in Lakeville, Connecticut
  • Tape: 2 Story: 6 - Raymond McGuire talks about his friendship with Michael Carroll
  • Tape: 2 Story: 7 - Raymond McGuire talks about Miami Valley School in Dayton, Ohio and at the Hotchkiss School in Lakeville, Connecticut
  • Tape: 2 Story: 8 - Raymond McGuire talks about deciding to attend Harvard University in Cambridge, Massachusetts
  • Tape: 2 Story: 9 - Raymond McGuire talks about a prank he took part in at the Hotchkiss School in Lakeville, Connecticut
  • Tape: 2 Story: 10 - Raymond McGuire talks about his high school interest in literature and basketball
  • Tape: 2 Story: 11 - Raymond McGuire recalls his graduation from the Hotchkiss School in Lakeville, Connecticut
  • Tape: 2 Story: 12 - Raymond McGuire describes his first year as an undergraduate student at Harvard University in Cambridge, Massachusetts
  • Tape: 3 Story: 1 - Raymond McGuire talks about his experience as an undergraduate at Harvard University in Cambridge, Massachusetts
  • Tape: 3 Story: 2 - Raymond McGuire talks about the political community at The John F. Kennedy School of Government at Harvard University in Cambridge, Massachusetts
  • Tape: 3 Story: 3 - Raymond McGuire talks about the athletic community at Harvard University in Cambridge, Massachusetts and playing basketball for the Crimson Classics
  • Tape: 3 Story: 4 - Raymond McGuire talks about the private club community at Harvard University in Cambridge, Massachusetts and his membership to the Owl Club
  • Tape: 3 Story: 5 - Raymond McGuire talks about his membership to the Owl Club at Harvard University in Cambridge, Massachusetts
  • Tape: 3 Story: 6 - Raymond McGuire talks about his racial experiences in his life from Dayton, Ohio to Harvard University in Cambridge, Massachusetts
  • Tape: 3 Story: 7 - Raymond McGuire talks about experiencing racism while studying abroad in Europe
  • Tape: 3 Story: 8 - Raymond McGuire talks about the Owl Club and other communities at Harvard University in Cambridge, Massachusetts
  • Tape: 3 Story: 9 - Raymond McGuire talks about the African American Cultural Center at Harvard University in Cambridge, Massachusetts
  • Tape: 3 Story: 10 - Raymond McGuire talks about studying literature at Harvard University in Cambridge, Massachusetts
  • Tape: 4 Story: 1 - Raymond McGuire talks about studying abroad at The Nice Sophia Antipolis University in Nice, France
  • Tape: 4 Story: 2 - Raymond McGuire talks about being admitted to Harvard University's dual degree program for law school and business school
  • Tape: 4 Story: 3 - Raymond McGuire talks about his graduate studies at Harvard University in Cambridge, Massachusetts and his summer internships
  • Tape: 4 Story: 4 - Raymond McGuire reflects on adjusting the Harvard Business School in Boston, Massachusetts and the Harvard Law School in Cambridge, Massachusetts
  • Tape: 4 Story: 5 - Raymond McGuire talks about taking a summer internship at First Boston
  • Tape: 4 Story: 6 - Raymond McGuire talks about his education at the Harvard Law School in Cambridge, Massachusetts
  • Tape: 4 Story: 7 - Raymond McGuire talks about taking two internships in one summer
  • Tape: 4 Story: 8 - Raymond McGuire talks about earning his graduate degrees and receiving job offers
  • Tape: 4 Story: 9 - Raymond McGuire talks about First Boston, Joseph Perella, and Bruce Wasserstein
  • Tape: 4 Story: 10 - Raymond McGuire recalls being interviewed for a position at First Boston
  • Tape: 4 Story: 11 - Raymond McGuire talks about working at First Boston after graduating from Harvard Law School and Harvard Business School
  • Tape: 4 Story: 12 - Raymond McGuire describes mergers and acquisitions work
  • Tape: 5 Story: 1 - Raymond McGuire talks about the creation of Wasserstein Perella & Co.
  • Tape: 5 Story: 2 - Raymond McGuire talks about deciding to leave First Boston to work at Wasserstein Perella & Co.
  • Tape: 5 Story: 3 - Raymond McGuire talks about his roles and duties at Wasserstein Perella & Co.
  • Tape: 5 Story: 4 - Raymond McGuire explains why Joseph Perella left Wasserstein Perella & Co. in 1993
  • Tape: 5 Story: 5 - Raymond McGuire explains why he left Wasserstein Perella & Co. and joined Merrill Lynch Wealth Management
  • Tape: 5 Story: 6 - Raymond McGuire talks about managing a business deal with Nabisco and R.J. Reynolds Tobacco Company
  • Tape: 5 Story: 7 - Raymond McGuire talks about taking Fort Howard Paper Company private and the slowdown in mergers and acquisitions in the early 1990s
  • Tape: 5 Story: 8 - Raymond McGuire talks about the importance of Japanese investors to mergers and acquisitions
  • Tape: 5 Story: 9 - Raymond McGuire talks about working with the Unilever Group on mergers and acquisitions deals
  • Tape: 5 Story: 10 - Raymond McGuire talks about how mergers and acquisitions deals are executed
  • Tape: 5 Story: 11 - Raymond McGuire talks about advice he gave during leadership changes at Morgan Stanley
  • Tape: 6 Story: 1 - Raymond McGuire talks about the changes in leadership at Morgan Stanley in the mid-2000s
  • Tape: 6 Story: 2 - Raymond McGuire talks about leaving Morgan Stanley for Citigroup in 2005
  • Tape: 6 Story: 3 - Raymond McGuire talks about Franklin A. Thomas
  • Tape: 6 Story: 4 - Raymond McGuire talks about opportunities at Citigroup
  • Tape: 6 Story: 5 - Raymond McGuire talks about working through crises
  • Tape: 6 Story: 6 - Raymond McGuire talks about handling the sale of Wyeth pharmaceutical company to Pfizer Inc.
  • Tape: 6 Story: 7 - Raymond McGuire talks about the effect of the 2007 economic crisis
  • Tape: 6 Story: 8 - Raymond McGuire ranks international regions by market size and economic influence
  • Tape: 6 Story: 9 - Raymond McGuire talks about his work for Citigroup and its development during his tenure
  • Tape: 6 Story: 10 - Raymond McGuire talks about his art-collecting
  • Tape: 7 Story: 1 - Raymond McGuire talks about creative organizations and artists he supports
  • Tape: 7 Story: 2 - Raymond McGuire reflects over his life
  • Tape: 7 Story: 3 - Raymond McGuire talks about his son and describes what he envisions for his future
  • Tape: 7 Story: 4 - Raymond McGuire describes his hopes and concerns for the African American community
  • Tape: 7 Story: 5 - Raymond McGuire considers what he may have done differently
  • Tape: 7 Story: 6 - Raymond McGuire considers his legacy