Franklin Hobbs
Encyclopedia
Franklin Warren "Fritz" Hobbs, IV (born July 30, 1947) is an American
rower
who competed in the 1968 Summer Olympics
and in the 1972 Summer Olympics
.
He was born in Manchester, New Hampshire
and is the older brother of rower Bill Hobbs
.
In 1968 he was a crew member of the American boat which finished sixth in the eights event. Four years later he won the silver medal with the American boat in the 1972 eights competition.
(1965), Harvard College
(1969) and the Harvard Business School
(1972), after which he spent the next 25 years with the investment banking firm of Dillon Read & Co., the last five of which he was Chief Executive Officer. When Dillon Read merged with SBC Warburg, and subsequently with Union Bank of Switzerland
, Hobbs continued as Chairman of the resulting UBS Warburg. He then moved to Houlihan Lokey
as CEO. He has been a director of Molson Coors, Lord Abbett
, GMAC, and other corporations, as well as serving on the Boards of Harvard University and Milton Academy.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
rower
Rowing (sport)
Rowing is a sport in which athletes race against each other on rivers, on lakes or on the ocean, depending upon the type of race and the discipline. The boats are propelled by the reaction forces on the oar blades as they are pushed against the water...
who competed in the 1968 Summer Olympics
1968 Summer Olympics
The 1968 Summer Olympics, officially known as the Games of the XIX Olympiad, were an international multi-sport event held in Mexico City, Mexico in October 1968. The 1968 Games were the first Olympic Games hosted by a developing country, and the first Games hosted by a Spanish-speaking country...
and in the 1972 Summer Olympics
1972 Summer Olympics
The 1972 Summer Olympics, officially known as the Games of the XX Olympiad, were an international multi-sport event held in Munich, West Germany, from August 26 to September 11, 1972....
.
He was born in Manchester, New Hampshire
Manchester, New Hampshire
Manchester is the largest city in the U.S. state of New Hampshire, the tenth largest city in New England, and the largest city in northern New England, an area comprising the states of Maine, New Hampshire, and Vermont. It is in Hillsborough County along the banks of the Merrimack River, which...
and is the older brother of rower Bill Hobbs
Bill Hobbs (rower)
William "Bill" Barton Roger Hobbs is an American rower who competed in the 1968 Summer Olympics and in the 1972 Summer Olympics.He was born in Ponce, Puerto Rico and is the younger brother of Franklin Hobbs....
.
In 1968 he was a crew member of the American boat which finished sixth in the eights event. Four years later he won the silver medal with the American boat in the 1972 eights competition.
Education and Business Career
Fritz Hobbs was educated at the Milton AcademyMilton Academy
Milton Academy is a coeducational, independent preparatory, boarding and day school in Milton, Massachusetts consisting of a grade 9–12 Upper School and a grade K–8 Lower School. Boarding is offered starting in 9th grade...
(1965), Harvard College
Harvard College
Harvard College, in Cambridge, Massachusetts, is one of two schools within Harvard University granting undergraduate degrees...
(1969) and the Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
(1972), after which he spent the next 25 years with the investment banking firm of Dillon Read & Co., the last five of which he was Chief Executive Officer. When Dillon Read merged with SBC Warburg, and subsequently with Union Bank of Switzerland
Union Bank of Switzerland
Union Bank of Switzerland was a large integrated financial services company located in Switzerland. The bank, which at the time was the second largest bank in Switzerland, merged with Swiss Bank Corporation in 1998, to become UBS to form what was then the largest bank in Europe and the second...
, Hobbs continued as Chairman of the resulting UBS Warburg. He then moved to Houlihan Lokey
Houlihan Lokey
Houlihan Lokey, Inc. is the largest private investment bank in the world. Headquartered in Los Angeles, California, the firm advises middle-market and large public and private companies. Its main service lines include mergers and acquisitions, capital markets, restructuring, fairness opinions,...
as CEO. He has been a director of Molson Coors, Lord Abbett
Lord Abbett
Lord, Abbett & Co. LLC is an independent, privately held U.S. investment management firm that offers a broad array of equity and fixed-income strategies to individual and institutional investors...
, GMAC, and other corporations, as well as serving on the Boards of Harvard University and Milton Academy.