 |
John F. BarrettAmerican business leader
Date of Birth: 16.03.1949
Country:  USA |
Content:
- John F. Barrett: Chairman, President, and CEO of Western & Southern
- Career
- Leading Western & Southern to Success
- Economic Resilience Amidst the Crisis
- Civic and Philanthropic Involvement
- Controversial Business Dealings
John F. Barrett: Chairman, President, and CEO of Western & Southern
Early Life and EducationJohn F. Barrett was born on March 16, 1949, in Cincinnati, Ohio. He graduated from St. Xavier High School and earned a Bachelor of Business Administration from the University of Cincinnati in 1971.
Career
Before joining Western & Southern in 1987, Barrett served as President and CEO of Bank of New York. He has held the positions of President at Western & Southern since 1989 and CEO since 1994.
Leading Western & Southern to Success
Under Barrett's leadership, Western & Southern, founded in 1888, has transformed from a small Midwestern insurance company into a national financial services group. For the past 15 years, the group has doubled in size every five years. As of March 2013, Western & Southern had $60 billion in assets and was ranked among the top eight life insurance groups worldwide.
Economic Resilience Amidst the Crisis
Since the onset of the Global Financial Crisis in 2008, Western & Southern has maintained its financial strength under Barrett's guidance. Through its subsidiary, Eagle Realty Group, the company developed Great American Tower at Queen City Square, the tallest office building in Southern Ohio.
Civic and Philanthropic Involvement
As a business leader and advocate for Cincinnati, Barrett received an honorary doctorate from the University of Cincinnati in 2011. He is the former President of the Association of Ohio Life Insurance Companies and a member of the Financial Services Roundtable. Barrett has served on the boards of several Cincinnati arts organizations and is a current director of Convergys and Cintas.
Controversial Business Dealings
In 2013, Western & Southern's purchase of the Anna Louise Inn, a historic boarding house for women, sparked controversy. The deal involved legal challenges and attracted national attention. The dispute was resolved in May 2013 when the Anna Louise Inn agreed to sell the property to Western & Southern for $4 million. Barrett's handling of the acquisition was criticized by some as an example of corporate greed.
