Richard E. Thornburgh
Born 1952 - US citizen
Corsair Capital LLC
717 Fifth Avenue
New York, NY 10022, USA
Richard E. Thornburgh has been a member of the Board and the Risk Committee since 2006. His term as a member of the Board expires at the AGM in 2009. Due to his former executive function at Credit Suisse Group the Board has determined that he is not independent under the Group's independence standards.
Richard Thornburgh is Vice-Chairman of Corsair Capital, a private equity investment company (since 2006).
He received a BBA from the University of Cincinnati, Ohio, in 1974 and an MBA from the Harvard Business School, Massachusetts, in 1976 and then began his investment banking career in New York with The First Boston Corporation, a predecessor firm of Credit Suisse First Boston. In 1995, Mr. Thornburgh was appointed Chief Financial and Administrative Officer and a member of the Executive Board of CS First Boston. In 1997, he was appointed member of the Group Executive Board where he served until 2005. From 1997 to 1999, Mr. Thornburgh was the Chief Financial Officer of Credit Suisse Group and from 1999 to 2002, he was Vice Chairman of the Executive Board of Credit Suisse First Boston. In addition, he performed the function of Chief Financial Officer of Credit Suisse First Boston from May 2000 through 2002. From 2003 to 2004, he was the Chief Risk Officer of Credit Suisse Group. In 2004, he was appointed Executive Vice Chairman of Credit Suisse First Boston.
Mr. Thornburgh also serves on the Boards of Directors of New Star Financial Inc., Boston (since 2006), and SPARTA Insurance, Hartford, CT (since 2007). Moreover, he serves on the Executive Committee of the University of Cincinnati Foundation and the Investment Committee of the University of Cincinnati.