Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 
HomeAll newsMost read newsBusiness Leaders Biography 
Portrait de William Ackman
Birthday : 11/30/1965
Place of birth : New York - USA
Public asset : 91,496,168 USD
Country of residence : USA
Linked companies : Canadian Pacific Railway Limited - Howard Hughes Corp - Valeant Pharmaceuticals Intl Inc

Summary 
Mr. William A. Ackman is Independent Director at Canadian Pacific Railway Ltd., Chairman at The Howard Hughes Corp., Chief Executive Officer & Portfolio Manager at Pershing Square Capital Management LP, Member of Deans Advisory Board at Harvard University and a Principal at Pershing Square International Ltd.

He is on the Board of Directors at Valeant Pharmaceuticals International, Inc., Canadian Pacific Railway Ltd., Boys & Girls Harbor, Inc., Canadian Pacific Railway Co. and Pershing Square Foundation.

He founded Pershing Square Capital Management in 2003.

Mr. Ackman was previously employed as Non-Executive Director by Justice Holdings Ltd., Independent Director by J. C. Penney Co., Inc., Co-founded by Gotham Partners Management Co. LLC, Chairman by Imperial Parking Corp., Chairman by First Union Real Estate Equity & Mortgage Investments, and a Principal by Gotham Partners LP.

He also served on the board at Zoetis, Inc. and General Growth Properties, Inc.

Mr. Ackman received his undergraduate degree from Harvard College and an MBA from Harvard Business School.


Current positions of William Ackman 
NameTitle Since
Canadian Pacific Railway Limited
(Ground Freight & Logistics)
Independent Director 2012
Howard Hughes Corp
(Real Estate Development & Operations)
Chairman 2010
Valeant Pharmaceuticals Intl Inc
(Pharmaceuticals)
Director 2016
Pershing Square Capital Management LP Chief Executive Officer & Portfolio Manager 2003
Canadian Pacific Railway Co. Director -
Boys & Girls Harbor, Inc. Director -
Pershing Square Foundation Trustee -
Pershing Square International Ltd. Principal -
Harvard University Member of Deans Advisory Board -


William Ackman : Personal Network 
NameLinked companies
Paul C. Hilal Canadian Pacific Railway Limited
Pershing Square Capital Management LP
Canadian Pacific Railway Co.
E. Harrison Canadian Pacific Railway Limited
Canadian Pacific Railway Co.
Anthony Ronald Melman Canadian Pacific Railway Limited
Canadian Pacific Railway Co.
Ubavka Rebecca MacDonald Canadian Pacific Railway Limited
Canadian Pacific Railway Co.
Keith Creel Canadian Pacific Railway Limited
Canadian Pacific Railway Co.
Andrew Fitzpatrick Reardon Canadian Pacific Railway Limited
Canadian Pacific Railway Co.
Peter John Edwards Canadian Pacific Railway Limited
Canadian Pacific Railway Co.
Laird Joseph Pitz Canadian Pacific Railway Limited
Canadian Pacific Railway Co.
Mark J. Erceg Canadian Pacific Railway Limited
Canadian Pacific Railway Co.
Michael John Redeker Canadian Pacific Railway Limited
Canadian Pacific Railway Co.


Biography of William Ackman 
William (Bill) Ackman is the founder and CEO of Pershing Square Capital Management, an American hedge fund that holds shares in Wendy’s International and McDonald’s Corporation. As well it has interest in Target Corp., the second largest discount company in US.

Graduated at Harvard College, he holds also an MBA from Harvard Business School. He began his career working for his father in the real estate, and in 1993 he founded Gotham Partners Management Co. This investment company encounters some troubles including legal problems that will lead to its dissolution in 2003.

In 2004, William Ackman comes back on the financial stage. He has created Pershing Square Capital, and he showed a lot of activism buying massive share in the lowest price for resale in two years maximum. A short-term strategy often criticized by the US Medias. His different attacks against FSA, American division of Dexia, and also against MBIA and Ambac, that it forecast the collapse, earned him a strong enmity in financial world.

In 2007, William Ackman took a share up to 5 millions of dollar (3,5%) in Sears Holdings, third group in distribution sector in US, behind Wal-Mart and Home Depot.

Pershing Square Capital Management manages approximately 2.4 billion of dollar of which 40% was invested in shares of McDonald.
Copyright © 4-traders.com / Photo © Reuters

Citations
"We think resources are not allocated efficiently today because this business is not independent. There is just no way to argue against transparency.”


Most Read News 
06/23 ELON MUSK : Behind Tesla carnage, signs of support for Musk's SolarCity deal
06/22 ELON MUSK : Tesla offers $2.8 billion for SolarCity in 'no brainer' deal for Musk
06/24 DAVID HENRY : U.S. banks flex capital muscle in annual stress test
06/20 RICHARD BRANSON : Paul Allen's space company nears debut of world's biggest plane
06/22DJSHIGENOBU NAGAMORI : SoftBank Investors Cheer CEO's Decision to Stay On
06/25 GEORGE SOROS : Investor George Soros calls for reconstruction of EU after 'Brexit' vote
06/23 TERRY LUNDGREN : Longtime Macy's CEO Lundgren to step down next year
06/23 SUMNER REDSTONE : Viacom board stays in place as judge steers away from Redstone competence question
06/20 WOLFGANG PORSCHE : Investors seeking VW reform may be disappointed at AGM
06/20DJCARL ICAHN : Icahn Increases Offer for Rest of Federal-Mogul
More news


© 2016 People and Ownership :   
Advertisement
William Ackman : Connections 
Pershing Square Capital Management LP
Columbia Business School
Royal Ontario Museum
North American Competitiveness Council
Queen's University
Canadian Council of Chief Executives
The Baycrest Centre Foundation
The Mount Sinai Hospital
The Supreme Court Historical Society
The Horatio Alger Association of Canada
Nevele Partners, Inc.
The Horatio Alger Association of Distinguished Americans
Acasta Capital, Inc.
Paperweight Development Corp.


Latest news about William Ackman 
More news


Popular Business Leaders 
Paul Achleitner William Ackman Aldemir Bendine Jeff Bezos Martin Blessing Vincent Bolloré Martin Bouygues Warren Buffett Tim Cook Philippe Dauman Michael Dell Patrick Drahi Klaus Engel Federico Ghizzoni Carlos Ghosn Philip Green Herbert Hainer Guy Hands David Henry Carl Icahn Jérôme Kerviel Susanne Klatten Isabelle Kocher Robin Li Daniel Loeb Jean-bernard Lévy Jack Ma Marissa Mayer Lakshmi Mittal Elon Musk Xavier Niel Frédéric Oudéa Joseph Papa Wolfgang Porsche Sumner Redstone Sheryl Sandberg Charles Schwab George Soros Martin Sorrell Osamu Suzuki Tidjane Thiam Peter Thiel François Villeroy De Galhau Sam Walton Martin Winterkorn Dieter Zetsche Cyril Zimmermann Mark Zuckerberg Henri De Castries Isabel Dos Santos
A-Z Business Leaders