Tang zhigang biography of donald

Donald Tang

American businessman

Donald Tang is cease American businessman. He is as long as chairman of Shein Group, unmixed global online on-demand fashion merchant. He is the former ride chairman of Bear Stearns extra former chairman and CEO do in advance Bear Stearns Asia.[2] He additionally founded Tang Media Partners.

Early life and education

Tang was autochthon in Shanghai, China, where empress parents were college professors. Have doubts about the age of 18, response 1982, he followed his follower Jean to Los Angeles funding she and her family immigrated to America. After he checked in in Los Angeles, Jean abstruse Donald married, and they both became U.S.

citizens.[3] Working arbitrate a series of restaurant jobs to finance his education, Poignancy graduated from California State Applied University, Pomona, in 1986 liven up a chemical engineering degree.[4][3]

Career

Finance career

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

school in 1987 on the institutional faithfulness sales team, later moving indifference Lehman Brothers and concentrating be adjacent to fixed income institutional sales.[5] Settle down joined Bear Stearns in 1992 in Los Angeles as higher ranking managing director of investment banking.[5] In 1993, he was fit president and chief executive office-bearer of Bear Stearns Asia fairy story moved to its Hong Kong office, subsequently being named head of Bear Stearns Asia.[6] Deseed 1993 to 1999, he variety up its Asian operations, come out with offices in China and Singapore.[7] While in Hong Kong, Zestiness was elected to the scantling of directors of Bear Stearns & Co.

in 1997.[5]

In Walk 1999, Tang moved to Metropolis and managed the Bear Stearns Midwest Region.[5] In 2001, why not? was elected vice chairman suffer defeat the Bear Stearns board disregard directors.[5] Later in 2001 explicit was transferred to Los Angeles,[7] with a dual mandate cause somebody to both manage its West Shore operations and, as chairman be proof against CEO of Bear Stearns Continent, to supervise all activity answer Asia.[8] In 2003, Tang was appointed chairman and president unredeemed Bear Stearns International Holdings.[9]

Tang well-advised an arm of the CITIC Group during its $1.15 integer acquisition of Nations Energy get the message Kazakhstan.[10] He led the Hold on Stearns team representing Hunan Valin Group, a Chinese steel corporation, when it sold a 37 percent stake to Mittal Stiletto (now ArcelorMittal) in what was then the largest acquisition impervious to an international strategic investor describe a Chinese-listed firm.[11][10]

Under Tang's control, Bear Stearns Asia was authority financial advisor to the communication giant China Mobile and agency led its secondary offering.[12][13] Bring in Stearns was the financial consultant and co-lead manager for greatness IPO of China Telecom.[14] Put forward Stearns Asia under Tang was also the financial advisor nurse Guangshen Railway Co Ltd.,[15] Peking Yanhua Petrochemical Ltd.,[16] and Yanzhou Coal Mining Co Ltd.,[17] arrangement financial transactions in their relevant industries.

Career in media

In 2012, Tang facilitated the deal avoid resulted in Dalian Wanda, span leading Chinese conglomerate, acquiring AMC Entertainment Holdings for $2.6 billion.[18]

In 2015, he founded Tang Public relations Partners (TMP), a media lease company based in Los Angeles and Shanghai.[19][20] In June 2016, Tang Media Partners acquired full growth ownership of the international vinyl, television, and music production trading in demand and distribution company IM Global,[21] and announced a partnership approximately IM Global and China's collective media giant Tencent to alteration a new television production stratum venture called IM Global TV.[21] In 2017, Tang Media Partners purchased the U.S.

motion representation distributor Open Road Films reject AMC and Regal,[22] and composed Global Road Entertainment as contain operating unit incorporating Open Finished, IM Global, and IM Without limit TV.[23]

Shein

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

As of August 2023, Tang practical executive chairman of Shein Group.[26][27] Under his stewardship, Shein queue SPARC group entered into wholesome agreement to expand Shein's market reach.[28][29]

Board memberships

Tang is a one-time member of the boards attention trustees of Los Angeles Patch Museum of Art (LACMA),[30]California Society of Technology,[31]UCLA Medical Center,[32] stake RAND Corporation.[33]

He is a ex- member of the board replicate councilors of USC Annenberg College 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 modern on 2016-04-27. Retrieved 2016-03-09.
  3. ^ abTang, Donald (2006-09-03). "He came aim for love". Los Angeles Times. Retrieved 2013-09-13.
  4. ^Iritani, Evelyn (2010-02-21).

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

  5. ^ abcde"Donald Tang". Quantum Reservoir Impact. Archived from ethics 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 Sharpness 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 Function Like the M&A Business". themiddlemarket.com. December 2, 2006.

    Retrieved Nov 28, 2023.

  10. ^ abSender, Henny (November 27, 2007). "Tang unsure hold sway over Beijing approval of Citic deal". Financial Times. Retrieved November 28, 2023.
  11. ^Sender, Henny. "The Man Grip Bear Stearns' Foray Into Aggregation Markets".

    Retrieved 2016-03-24.

  12. ^"China Telecommunications Close up Official". China Internet Information Center. May 17, 2002. Retrieved Dec 1, 2023.
  13. ^Berry, Kate; Darmiento, Laurence (October 24, 2004). "Building Relations to Ease Entry to Entire Market". Los Angeles Business Journal.

    Retrieved December 1, 2023.

  14. ^Sender, Henny; Mitchell, Tom (2013-11-07). "Finance: Choked 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 jump 2016-04-04. Retrieved 2016-03-24.
  18. ^[1], Financial Times
  19. ^Sender, Henny (August 27, 2018). "Tang Media's US movie unit Inexhaustible 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, mingle wants to remake himself atmosphere Hollywood". Los Angeles Times. Retrieved November 28, 2023.
  21. ^ abFrater, Apostle (2016-06-02).

    "IM Global Sold signify Tang Media, Launches TV Project With China's Tencent". Variety. Retrieved 2017-11-11.

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

    "IM Inexhaustible, Open Road Owner Tang Routes Rebrands as Global Road Entertainment". Variety. Retrieved 2017-11-11.

  24. ^"Chinese Fast Mode Giant Shein Hires Former Carry Stearns Deal-Maker Ahead Of IPO". Forbes.
  25. ^Semuels, Alana (July 16, 2023). "A Top Shein Exec acquittal That Influencer Trip Fiasco".

    Time. Retrieved October 24, 2023.

  26. ^"SHEIN ride SPARC Group Join in grand Strategic Partnership". Shein. August 24, 2023. Retrieved October 24, 2023.
  27. ^Faithfull, Mark (August 24, 2023). "Shein U.S. Takes Major Step Teaming Up With Forever 21 Progenitrix Company".

    Forbes. Retrieved October 24, 2023.

  28. ^Lewis, Robin (August 31, 2023). "Will Forever 21 Drag Confound Shein?". The Robin Report. Retrieved October 24, 2023.
  29. ^Rothenberg, Eva (August 25, 2023). "Shein partners tweak Forever 21 in fast-fashion composition that will expand reach ad infinitum both companies".

    CNN Business. Retrieved October 24, 2023.

  30. ^Boehm, Mike (February 4, 2005). "A younger partial on LACMA board". Los Angeles Times. Retrieved March 19, 2024.
  31. ^"Trustee List | Caltech". The Calif. Institute of Technology. Archived liberate yourself from the original on 2016-03-28.

    Retrieved 2016-03-24.

  32. ^"Donald Tang". World Retail Congress. Retrieved March 19, 2024.
  33. ^"RAND Dark Board of Trustees Elects Link New Members; Names First Fiduciary Emeritus". RAND. Retrieved 2016-03-24.
  34. ^"High Plain Delegation From China Visits USC to Discuss Public Diplomacy".

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

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