The board of directors of PineBridge Investments has named John L. Thornton as non-executive chairman effective November 21 2014. He will assume the chairmanship from E. Mervyn Davies, Lord Davies of Abersoch, CBE, who has presided over the board for four years.
Thornton has extensive international experience in business, finance and public affairs and has served on the boards of leading global public companies.
Thornton retired in 2003 as president and member of the board of The Goldman Sachs Group, Inc. He is chairman of the board of Barrick Gold Corporation and serves as a director of the Ford Motor Company. He is co-chairman of the board of trustees of the Brookings Institution in Washington, D.C.
He is a professor and director of the global leadership programme at the Tsinghua University School of Economics and Management in Beijing. He is a trustee, advisory board member or member of the China Investment Corporation, China Securities Regulatory Commission, Council on Foreign Relations, McKinsey Advisory Council and Morehouse College.
Thornton holds an undergraduate degree from Harvard College, a degree in jurisprudence from Oxford University and a master’s degree from the Yale School of Management.