Seth Waugh is an American business executive, with a net worth of $80 million. Waugh, a former CEO of Deutsche Bank Americas, is regarded as a key architect of the company’s expansion in the US. Seth has held a variety of jobs before becoming the CEO of Deutsche Bank Americas.
Some of his most prominent positions include leading Salomon Brothers’ International Trading and Corporate Bond departments, an 11-year stint with Merrill Lynch Wealth Management in various capacities, and CEO of Quantitative Financial Strategies (QFS).
Who is Seth Waugh?
Seth Waugh was born November 4, 1957, and raised in Ayer, Massachusetts. Seth has stated that his father, James, who died at the age of 95 in 2022, was a coach and teacher. In a 2022 interview with “Global Golf Post,” Waugh acknowledged James for inspiring his leadership style, noting, “At Lawrenceville, where he worked and I attended high school, he used the Harkness system in his teaching. That uses an oval table with seating for 12 people, including a teacher and 11 students, and your engagement around that table accounts for 50% of your grade.
It aims to be a place where people may exchange ideas, express themselves, and listen to others, with the teacher facilitating but never truly leading the talks. Dad was extremely Socratic in his thinking, and when I think of leadership, I think of that table and that method, of how to reach consensus, learn from others, and figure out how to move forward together.” Seth attended Amherst College and received Bachelor of Arts degrees in English and Economics.
In September 2018, Waugh was named CEO of the PGA of America, which describes itself as “one of the world’s largest sports organizations, composed of PGA Professionals who work daily to grow interest and participation in the game of golf.”
How old is Seth Waugh?
He is currently 57 years old.
What is Seth Waugh’s net worth?
He is estimated to be worth $80 Million.
What is Seth Waugh’s career?
After graduating from college, Waugh began working for the hedge fund Quantitative Financial Strategies, Inc., where he eventually became CEO. He then spent 11 years with Merrill Lynch Wealth Management, where he was Co-Head of Global Debt Markets and Senior Vice President.
Seth joined Deutsche Bank Americas in 2000, where he held various positions including Vice Chairman of the Americas Executive Committee, Regional Head of Global Markets and Equities, Chairman of the Americas Executive Committee, and eventually CEO of the organization. After leaving Deutsche Bank Americas in 2013, he became Vice Chairman of Florida East Coast Industries, LLC. In 2016, he was appointed Non-Executive Chairman of Alex Brown.
Waugh is on the advisory boards of Workday, Inc. and Franklin Templeton Advisors, and he previously served on the FINRA Board of Governors. Seth is well-known for his philanthropic efforts, having served on the boards of the Multiple Sclerosis Society of Greater New York, the World Trade Center Memorial Foundation, St. Vincent’s Services of Brooklyn, Harlem Village Academies, and the YMCA of Greater New York.
He has also served as a trustee at Wake Forest University and as President of the Board of Directors at his alma mater, the Lawrenceville School, and has been involved in the Women on Wall Street Conference, which Deutsche Bank began hosting in 1995.
Source: www.ghgossip.com
