Stephen Pagliuca
Stephen Pagliuca (born January 16, 1955) is an American private equity investor, co-chairman of Bain Capital,[1] and co-owner of the Boston Celtics of the National Basketball Association (NBA).[2]
Stephen Pagliuca | |
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Personal details | |
Born | Brooklyn, New York | January 16, 1955
Alma mater | Duke University Harvard Business School |
Education
Raised in the Basking Ridge section of Bernards Township, New Jersey, Pagliuca graduated from Ridge High School in 1973.[3] He attended Duke University where he played freshman basketball before receiving a BA in 1977. He has served on Duke's Trinity Board of Investors from 2001 to 2008, chairing the board from 2005 to 2007. He is a member of the Campaign Steering Committee and also serves on the Board of Trustees, serving on the Audit Committee and the Institutional Advancement Committee.[4]
Pagliuca received an MBA from Harvard Business School (HBS) in 1982. He is member of the HBS Board of Dean's Advisors, the University Board of Overseers Committee on University Resources and the HBS Healthcare Initiative Advisory Board. He serves on the MGH President's Council and co-Chairs the HBS Fund.[5][4]
Career
Pagliuca started his career as a senior accountant and international tax specialist at Peat Marwick Mitchell & Company in the Netherlands (Peat Marwick is today KPMG).[6]
Following this, he joined Bain & Company, a global consulting firm, in 1982 where he managed client relationships in the information services and healthcare industries. Pagliuca also was involved in the creation of Bain & Company's turnaround practice.[1] He then founded the Information Partners Venture Capital Fund and joined Bain Capital in 1989, where he began investing in numerous companies in the media, technology, financial services and healthcare industries.[7] In 2016, he was named co-chairman of the firm.[8]
He is a former member of the Board of Directors of Burger King, Warner Chilcott, Gartner Group and the Hospital Corporation of America.[6][2]
In 2009, Pagliuca was a Democratic candidate for the U.S. Senate position formerly occupied by Ted Kennedy.[9] He is a member of Congressman Joe Kennedy's Finance Committee, the Campaign to Fix the Debt and the Democratic National Advisory Committee.[10]
Boston Celtics
Pagliuca is the managing general partner and member of the executive committee of the Celtics and serves as a member of the Board of Governors and the Competition Committee for the National Basketball Association.[2]
Philanthropy
Pagliuca is co-chair of the Boston 2024 Olympics Finance Committee. Earlier this year Boston's bid for the 2024 Olympics was thrown out by the IOC.[11] He also is a member of HBS’ Board of Dean's Advisors, Harvard University's Board of Overseers’ Committee on University Resources, the HBS Healthcare Initiative Advisory Board and co-chair of the HBS Fund. He is a member of Duke University's Board of Trustees and serves on Massachusetts General Hospital's President's Council.[2]
In 2005, Pagliuca received the Bright Star Award as recognition for his charitable activities from Bill Clinton.[12] In 2010, Habitat Humanity presented him with the American Dream Award for outstanding contributions to the Greater Boston Community.[13]
In 2016, Pagliuca and his wife donated a research lab to Harvard University, the "Pagliuca Life Lab". August 2020..
References
- Notes
- "Stephen Pagliuca". Bain Capital. Retrieved 22 December 2014.
- "Stephen Pagliuca". NBA.com. Retrieved 22 December 2014.
- Perry, W. Jacob. "Ridge grad loses bid for U.S. Senate seat", The Bernardsville News, December 18, 2009. Accessed September 12, 2019. "The local alumni, Steve Pagliuca, 54, who was in the Ridge High Class of 1973, placed fourth in a contest triggered by the death of Sen. Edward M. Kennedy on Aug. 25."
- "Board of Trustees at Duke University". Duke University. Archived from the original on 22 December 2014. Retrieved 22 December 2014.
- "Dynamic Duo". Harvard Business School. Retrieved 22 December 2014.
- "STEPHEN G. PAGLIUCA". HCA. Archived from the original on 22 December 2014. Retrieved 22 December 2014.
- "Stephen Pagliuca". Forbes. Retrieved 22 December 2014.
- Primack, Dan. "Bain Capital Memo Details Management Changes". Fortune. Retrieved 1 July 2016.
- Lattman, Peter. "The Dossier on Steve Pagliuca, Ted Kennedy's Would-Be Replacement". The Wall Street Journal. Retrieved 22 December 2014.
- "Steve Pagliuca". Sloan. Archived from the original on 22 December 2014. Retrieved 22 December 2014.
- "Our Team". Boston 2024. Retrieved 22 December 2014.
- "Keynote Speakers". Harvard Business School. Retrieved 22 December 2014.
- "Lexington resident honored by Habitat for Humanity". Wicked Local. Retrieved 22 December 2014.
- Bibliography
- Private equity power list (Fortune magazine)
- Bain Capital wraps up $20bn fundraising(Financial News), January 31, 2008
- What is Pagliuca’s political identity? (Boston.com) September 20, 2009
- NBA Profile
- Fellowship of the Ring (Boston.com)