John L. Furth is a Chartered Financial Analyst (CFA) in the financial investment sector, and a philanthropist. He has held board positions as chairman, vice chairman, director and trustee for assorted international investment firms, hospitals and universities, including Barnard College where he served as trustee.^[2] Furth has devoted much of his time and resources helping to further education, scientific research, and children's causes.^[3] As of 2014^[update] he is vice chairman of Peter B. Cannell & Co., Inc.

Early life

John Furth graduated from Yale University in 1952 with a B.A. in English literature,^[4] and attended the New York University Stern School of Business. He also has a B.A. from Harvard University.^[5] He served as an officer in the US Army from 1952—1954 during the Korean War, and was a recipient of a Bronze Star.^[3][6]

Career

Furth's financial career began with Burnham and Co. where, in 1962, he became a general partner.^[7] From 1970—1999, he worked for E.M. Warburg Pincus & Co. (now Warburg Pincus), where he served as board chairman, executive vice president, trustee of funds and various other board positions during his time with the company.^[8][9] He also was a founder of Warburg Pincus Counsellors and Warburg Pincus Asset Management which was merged into Credit Suisse.^[10] In 1999, Furth joined Klingenstein, Fields & Co., LLC as vice chairman and managing director.^[11][12] In January 2014, Furth joined Peter B. Cannell & Co., Inc. in New York City as vice chairman.^[4]

In 1972, he co-authored a book with Winthrop Knowlton titled "Shaking the Money Tree".^[13]

Philanthrophy and public service

Furth is a trustee and treasurer of the Foundation for Child Development,^[11] and an emeritus trustee of Barnard College.^[2][4]

He was a trustee and former chairman of Blythedale Children's Hospital,^[14] and retired vice chairman and former president of the Board of the Grand Street Settlement.^[12] During the ceremony honoring his service to Blythedale Children's Hospital, and completion of his 5-year term as board chairman, he stated that while "children are one-third of our population; they are all of our future.”^[14] He and his wife, Hope, have also supported research to help combat bipolar disorder and various other mental and emotional problems in children.^[14]

He also serves on the Development Board for Yale University and the Yale Tomorrow Executive Committee for their Capital Fund Campaign.^[15] In 2005, Furth established an unrestricted fund for the Smithsonian Libraries which created The John L. and Hope L. Furth Endowment to further the libraries' mission, and help "engage the public and research communities to foster diverse learning experiences".^[16] In 2012, he established a charitable remainder trust for Yale School of Medicine Department of Psychiatry, and in December 2014, he and his wife Hope gave a $3 million endowment to create the John and Hope Furth Professorship of Psychiatric Neuroscience. Hilary Blumberg was named the inaugural Furth Professor.^[3]

He is a recipient of The Herbert H. Lehman Award presented by the American Jewish Committee.^[12]

Books

• Furth, John L.; Knowlton, Winthrop (1972). Shaking the money tree; how to find new growth opportunities in common stocks ([1st ed.] ed.). New York: Harper & Row. ISBN 9780060124410.

References