Log in
E-mail
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.
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.
Mark Kenneth Wallace 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 
08/25DJWARREN BUFFETT : A Stock's Gain Puts Buffett Payout at Risk -- WSJ
08/21DJTIM COOK : How Apple CEO Tim Cook Has Fared Five Years Later -- Ahead of the Tape
08/22DJTIM COOK : How Apple's Tim Cook Is Faring -- WSJ
08/24DJWARREN BUFFETT : Dow Chemical Stock Nears Buffett's $8-a-Second Dividend Threshold
08/21 SUMNER REDSTONE : Viacom says CEO Dauman to resign post immediately; Dooley steps in
08/27DJTIM COOK : Apple CEO Tim Cook Sells $36 Million From Block of Compensation Stock
08/26 CARL ICAHN : Icahn denies attempt to sell Herbalife stock, buys more shares
08/23DJPHILIPPE DAUMAN : Viacom's Dauman Has Until September to Share Plans for Selling Paramount Stake
08/24 ELON MUSK : Tesla's Musk buying over half of SolarCity bond offer - filing
08/23DJALAN ARMSTRONG : Activist Investor Seeks to Replace Entire Williams Board -- WSJ
More news


© 2016 People and Ownership :   
Advertisement
William Ackman : Connections 
The Mount Sinai Hospital
Pershing Square Capital Management LP
The Supreme Court Historical Society
Soo Line Railroad Co.
Husky Injection Molding Systems, Inc.
North American Competitiveness Council
The Horatio Alger Association of Canada
Canadian Council of Chief Executives
The Horatio Alger Association of Distinguished Americans
Queen's University
Paperweight Development Corp.
Columbia Business School
Alberta Treasury Branches Financial
Royal Ontario Museum
LongView Communications


Latest news about William Ackman 
More news


Popular Business Leaders 
William Ackman Alan Armstrong Vincent Bolloré Richard Branson Warren Buffett Paul Bulcke Tim Cook Philippe Dauman Michael Dell Patrick Drahi John Edwards Larry Ellison Joachim Faber Carlos Ghosn Mario Greco Philip Green Herbert Hainer Guy Hands David Henry Carl Icahn R. Johnson Jérôme Kerviel Jack Ma Marissa Mayer Lakshmi Mittal Rupert Murdoch Elon Musk Xavier Niel Wolfgang Porsche Sumner Redstone Ulf Mark Schneider Charles Schwab Martin Senn Masayoshi Son George Soros Martin Sorrell Rupert Stadler Robert Stewart Osamu Suzuki Tidjane Thiam Peter Thiel Hans Vestberg François Villeroy De Galhau Sam Walton Alain Weill Thomas Wilson Martin Winterkorn Dieter Zetsche Mark Zuckerberg Isabel Dos Santos
A-Z Business Leaders