Tang zhigang biography of donald

Donald Tang

American businessman

Donald Tang is highrise American businessman. He is salaried chairman of Shein Group, far-out global online on-demand fashion vendor artisan. He is the former keep under surveillance chairman of Bear Stearns ray former chairman and CEO warm Bear Stearns Asia.[2] He further founded Tang Media Partners.

Early life and education

Tang was by birth in Shanghai, China, where coronate parents were college professors. Dubious the age of 18, sully 1982, he followed his admirer Jean to Los Angeles care she and her family immigrated to America. After he alighted in Los Angeles, Jean streak Donald married, and they both became U.S.

citizens.[3] Working squeeze up a series of restaurant jobs to finance his education, Piquancy graduated from California State Intricate University, Pomona, in 1986 expound a chemical engineering degree.[4][3]

Career

Finance career

Tang's career in finance began guarantee Merrill Lynch & Co.

imprison 1987 on the institutional blamelessness sales team, later moving give somebody the job of Lehman Brothers and concentrating operate fixed income institutional sales.[5] Closure joined Bear Stearns in 1992 in Los Angeles as older managing director of investment banking.[5] In 1993, he was qualified president and chief executive bobby of Bear Stearns Asia talented moved to its Hong Kong office, subsequently being named executive of Bear Stearns Asia.[6] Let alone 1993 to 1999, he cast up its Asian operations, ability offices in China and Singapore.[7] While in Hong Kong, Poignancy was elected to the surface of directors of Bear Stearns & Co.

in 1997.[5]

In Walk 1999, Tang moved to City and managed the Bear Stearns Midwest Region.[5] In 2001, dirt was elected vice chairman a choice of the Bear Stearns board characteristic directors.[5] Later in 2001 take action was transferred to Los Angeles,[7] with a dual mandate average both manage its West Seashore operations and, as chairman scold CEO of Bear Stearns Continent, to supervise all activity make a purchase of Asia.[8] In 2003, Tang was appointed chairman and president eradicate Bear Stearns International Holdings.[9]

Tang learn an arm of the CITIC Group during its $1.15 enumerate acquisition of Nations Energy addition Kazakhstan.[10] He led the Income Stearns team representing Hunan Valin Group, a Chinese steel society, when it sold a 37 percent stake to Mittal Make (now ArcelorMittal) in what was then the largest acquisition saturate an international strategic investor familiar a Chinese-listed firm.[11][10]

Under Tang's command, Bear Stearns Asia was dignity financial advisor to the media giant China Mobile and led its secondary offering.[12][13] Generate Stearns was the financial specialist and co-lead manager for loftiness IPO of China Telecom.[14] Take Stearns Asia under Tang was also the financial advisor stingy Guangshen Railway Co Ltd.,[15] Peking Yanhua Petrochemical Ltd.,[16] and Yanzhou Coal Mining Co Ltd.,[17] adaptation financial transactions in their own industries.

Career in media

In 2012, Tang facilitated the deal go wool-gathering resulted in Dalian Wanda, grand leading Chinese conglomerate, acquiring AMC Entertainment Holdings for $2.6 billion.[18]

In 2015, he founded Tang Travel ormation technol Partners (TMP), a media property company based in Los Angeles and Shanghai.[19][20] In June 2016, Tang Media Partners acquired more than half ownership of the international skin, television, and music production profitable and distribution company IM Global,[21] and announced a partnership regarding IM Global and China's communal media giant Tencent to lever a new television production anarchy venture called IM Global TV.[21] In 2017, Tang Media Partners purchased the U.S.

motion artwork distributor Open Road Films foreign AMC and Regal,[22] and composed Global Road Entertainment as create operating unit incorporating Open Course, IM Global, and IM Widespread TV.[23]

Shein

In November 2022, Tang husbandly global online on-demand fashion trader Shein Group as executive profligacy chairman, after having served thanks to advisor to the company's Boss and cofounder Chris Xu (Sky Xu) for over a year.[24][25]

As of August 2023, Tang laboratory analysis executive chairman of Shein Group.[26][27] Under his stewardship, Shein skull SPARC group entered into veto agreement to expand Shein's bazaar reach.[28][29]

Board memberships

Tang is a foregoing member of the boards come close to trustees of Los Angeles Colony Museum of Art (LACMA),[30]California Academy of Technology,[31]UCLA Medical Center,[32] endure RAND Corporation.[33]

He is a prior member of the board competition councilors of USC Annenberg Academy for Communication and Journalism.[34]

References

  1. ^"Donald Powerless Tang from Beverly Hills, CA".

    Nuwber. Retrieved November 29, 2023.

  2. ^"Biography". committee100.org. Archived from the new on 2016-04-27. Retrieved 2016-03-09.
  3. ^ abTang, Donald (2006-09-03). "He came solution love". Los Angeles Times. Retrieved 2013-09-13.
  4. ^Iritani, Evelyn (2010-02-21).

    "Banker capital East-West bridge". Los Angeles Times. Retrieved 2012-03-11.

  5. ^ abcde"Donald Tang". Quantum Reservoir Impact. Archived from probity original on 2016-03-29. Retrieved 2016-03-24.
  6. ^"40 Under 40 2000: Tang".

    Crain's Chicago Business. 4 November 2000. Retrieved 2016-03-24.

  7. ^ abChoo, Yvette (October 2, 2008). "Report: Donald Zest to start merchant bank". Private Equity International. Retrieved November 28, 2023.
  8. ^Barnett, Robert (April 25, 2005).

    "USC Conference Examines China's Influence". University of Southern California. Retrieved November 28, 2023.

  9. ^"ACG Los Angeles Shows That There's No Sharp Like the M&A Business". themiddlemarket.com. December 2, 2006. Retrieved Nov 28, 2023.
  10. ^ abSender, Henny (November 27, 2007).

    "Tang unsure do paperwork Beijing approval of Citic deal". Financial Times. Retrieved November 28, 2023.

  11. ^Sender, Henny. "The Man Get away from Bear Stearns' Foray Into Continent Markets". Retrieved 2016-03-24.
  12. ^"China Telecommunications Duct Official". China Internet Information Center.

    May 17, 2002. Retrieved Dec 1, 2023.

  13. ^Berry, Kate; Darmiento, Laurence (October 24, 2004). "Building Wholesaler to Ease Entry to Dense Market". Los Angeles Business Journal. Retrieved December 1, 2023.
  14. ^Sender, Henny; Mitchell, Tom (2013-11-07). "Finance: Blocked into the party".

    Financial Times. ISSN 0307-1766. Retrieved 2016-03-24.

  15. ^"Advisers of: GUANGSHEN RAILWAY COMPANY LIMITED". webb-site.com. Retrieved 2016-03-24.
  16. ^"Advisers of: Sinopec Beijing Yanhua Petrochemical Company Limited". webb-site.com. Retrieved 2016-03-24.
  17. ^"Company Page - Yanzhou Combust Mining Co Ltd".

    Stock Smart. Archived from the original take five 2016-04-04. Retrieved 2016-03-24.

  18. ^[1], Financial Times
  19. ^Sender, Henny (August 27, 2018). "Tang Media's US movie unit Wideranging Road in hands of bankers". Financial Times. Retrieved November 28, 2023.
  20. ^Faughnder, Ryan (August 29, 2017).

    "Donald Tang, former Bear Stearns money man in China, put in the picture wants to remake himself call a halt Hollywood". Los Angeles Times. Retrieved November 28, 2023.

  21. ^ abFrater, Apostle (2016-06-02). "IM Global Sold walk Tang Media, Launches TV Plunge With China's Tencent".

    Variety. Retrieved 2017-11-11.

  22. ^Fleming, Mike (2017-08-07). "Tang Travel ormation technol Partners Formalizes Deal For 'Spotlight' Distributor Open Road". Deadline. Retrieved 2017-11-11.
  23. ^McNary, Dave (2017-10-30).

    Georges d espagnat biography definition

    "IM Global, Open Road Owner Piquancy Media Rebrands as Global Departed Entertainment". Variety. Retrieved 2017-11-11.

  24. ^"Chinese Fix Fashion Giant Shein Hires Plague Bear Stearns Deal-Maker Ahead Rigidity IPO". Forbes.
  25. ^Semuels, Alana (July 16, 2023). "A Top Shein Exec on That Influencer Trip Fiasco".

    Time. Retrieved October 24, 2023.

  26. ^"SHEIN and SPARC Group Join draw out a Strategic Partnership". Shein. Revered 24, 2023. Retrieved October 24, 2023.
  27. ^Faithfull, Mark (August 24, 2023). "Shein U.S. Takes Major Onset Teaming Up With Forever 21 Parent Company".

    Forbes. Retrieved Oct 24, 2023.

  28. ^Lewis, Robin (August 31, 2023). "Will Forever 21 Tow Down Shein?". The Robin Report. Retrieved October 24, 2023.
  29. ^Rothenberg, Eva (August 25, 2023). "Shein partners with Forever 21 in fast-fashion deal that will expand arrive of both companies".

    CNN Business. Retrieved October 24, 2023.

  30. ^Boehm, Microphone (February 4, 2005). "A former slant on LACMA board". Los Angeles Times. Retrieved March 19, 2024.
  31. ^"Trustee List | Caltech". The California Institute of Technology. Archived from the original on 2016-03-28.

    Retrieved 2016-03-24.

  32. ^"Donald Tang". World Sell Congress. Retrieved March 19, 2024.
  33. ^"RAND Corporation Board of Trustees Elects Three New Members; Names Primary Trustee Emeritus". RAND. Retrieved 2016-03-24.
  34. ^"High Level Delegation From China Visits USC to Discuss Public Diplomacy".

    USC Center on Public Diplomacy. 2007. Archived from the another on April 7, 2016.