David S Solomon
New York,NY
Summary
Results-oriented individual with a passion for continuous learning and innovation. Known for leveraging analytical thinking and creativity to solve problems and deliver high-impact solutions in fast-paced environments.
Overview
42
42
years of professional experience
Work History
Chairman
Fairfax Capital Management Inc
Chicago, IL
01.2016 - Current
- Organized and chaired regular meetings with board members, shareholders, and senior management to discuss financial performance, business objectives, and risk management.
- Analyzed industry trends to identify opportunities for growth and expansion.
- Supported fundraising activities by engaging in dialogue with potential investors
- Approved or rejected major investments or acquisitions proposed by executive management.
- Assessed potential risks associated with new business initiatives and advised on appropriate strategies for mitigating them.
- Managed Direct Stock Portfolio of Holdings
- Oversaw strategic planning and direction of the organization, ensuring alignment with mission and vision.
- Led board meetings, setting agendas and ensuring productive discussions and decision-making.
Managing Partner
IH Solomon LP
Chicago, IL
01.1995 - 01.2022
- Created and managed budgets for the firm's operations.
- Reviewed daily and overall financials to ensure profitability.
- Oversaw financial management, including budgeting, forecasting, and fiscal reporting to maximize profitability.
- Managed partnership agreements, negotiations, and relations to foster collaborative business environment.
- Engaged in high-level negotiations to form strategic partnerships and alliances, enhancing business opportunities.
- Negotiated numerous loan agreements with Institutions
- Oversaw extensive property portfolio for the Solomon Family.
- Managed all partnership agreements.
- Signed and approved budgets for new funding and program initiatives.
Chairman of the Board
FourWinds Capital Management
Boston & London England, London, England
02.2011 - 09.2016
- Collaborated with executive team members to develop long-term objectives for the organization.
- Managed $5Billion USD AUM funds globally
- Oversaw 8 offices globally
- Chaired Public/ Private Holdings
- Monitored all Financial Accounts
- Facilitated communication between external stakeholders such as investors or regulators.
- Fostered relationships with shareholders to ensure their satisfaction with the organization's progress and direction.
- Advised senior management on key issues related to organizational structure, finances, investments, personnel decisions, and legal matters.
- Attended shareholder meetings to respond to questions about board activities or operations.
- Reviewed financial statements, reports, and other documents prior to board meetings.
- Actively participated in strategic planning sessions to identify opportunities for growth and improvement within the organization.
- Participated in negotiations related to mergers and acquisitions activities.
- Hired, trained, and mentored staff members to maximize productivity.
Managing Partner
Solstead Associates ( CSFirst Boston Solomon )
New York, NY
07.1982 - 12.1996
- Managed Partnership between CS First Boston /Solomon
- Arranged Financing for $4 Billion dollars of property acquisitions
- Actively participated in strategic planning meetings.
- Developed and implemented strategies to identify new business opportunities.
- Identified potential risks associated with projects or investments.
- Managed partnership agreements, negotiations, and relations to foster collaborative business environment.
- Engaged in high-level negotiations to form strategic partnerships and alliances, enhancing business opportunities.
- Reviewed monthly financial statements and generated reports accordingly.
Managing Partner
Clifford Companies
New York, New York
01.1997 - 12.2001
- Created Joint Venture Projects in China with Ministry of Construction/ Ministry of Finance
- Established joint Venture with China Construction International
- Built and financed many projects in China
- Created offices in US / Europe for acquisition of property
- Established US team in Beijing China
- Oversaw entire financial plan and roll out of business
Education
Master of Architecture/ Engineering - MArch/ Structural Engineering
Harvard University
Cambridge, MA05-1975
Bachelor of Architecture/ Structures - Engineering (Pre-Engineering)
Cornell University
Ithaca, NY05-1974
High School Diploma -
Francis W Parker
Chicago, IL05-1970
Skills
- Organizational Leadership
- Innovation management
- Turnaround Management
- Talent Recruitment
- Industry Expertise
- Relationship and Team Building
- Raising Capital
- Management Team Leadership
- Excellent Communication
Affiliations
- Teaching Fellowship Harvard University 1975-1976
- Professor of Architecture, University of Virginia 1976-1978 ( Taught Graduate Students in Structures )
Accomplishments
- Graham Foundation Recipient
- Elected Board Member New School for Social Research
- Award for Most Ingenious Real Estate New York
- Supported Halfway Houses for Homeless 1983-1988
- Member Arts Club of Chicago
- Have lectured at Yale, Princeton, and Columbia Universities
Languages
Spanish
Professional
French
Elementary
Custom
- Trained as a sous chef in France and Italy after graduating from Harvard University
- Built numerous racing boats and raced competitively and won many racing cups including the Rolex Cup,Sardinia Cup, and other notable races for over 15 years
- Started a family contemporary art collection with now over 200 important pieces of art in family collection
References
References available upon request.
Timeline
Chairman
Fairfax Capital Management Inc
01.2016 - Current
Chairman of the Board
FourWinds Capital Management
02.2011 - 09.2016
Managing Partner
Clifford Companies
01.1997 - 12.2001
Managing Partner
IH Solomon LP
01.1995 - 01.2022
Managing Partner
Solstead Associates ( CSFirst Boston Solomon )
07.1982 - 12.1996
Master of Architecture/ Engineering - MArch/ Structural Engineering
Harvard University
Bachelor of Architecture/ Structures - Engineering (Pre-Engineering)
Cornell University
High School Diploma -
Francis W Parker