She became chairman and chief executive officer at JPMorgan Private Bank in 2001. Ms. Lagomasinos first job required her to work with families in Chile, which was undergoing similar upheavals as Cuba and was being run by a military dictatorship established after the socialist president Salvador Allende was overthrown in a coup detat in 1973. The Walt Disney Company Board of Directors has elected Maria Elena Lagomasino, the CEO and managing partner of financial advisory firm WE Family Offices, as an independent director, effective Dec. 1. Before founding WE, Mel served as CEO of GenSpring Family Offices, a wealth management firm. She also was CEO of JP Morgan Private Bank. Lagomasino received her B.A from Manhattanville College and her M.B.A from Fordham University.Before 1983, Lagomasino was a vice president at Citibank, then joined Chase in . The estimated Net Worth of Maria Elena Lagomasino is at least $1.1 Million dollars as of 10 August 2017. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Maria Elena Lagomasino Age : 72 Public asset : 3,976,761 USD Linked companies : The Coca-Cola Company - The Walt Disney Company Summary Maria Elena Lagomasino founded The Institute for the Fiduciary Standard. April 27, 2017 . In addition she's a board member for the Americas Society, a Trustee of the National. Today she serves on the boards of both The Walt Disney Company and The Coca-Cola Company. Disney adds Maria Elena Lagomasino to board. Ms. Lagomasino says being a Latino woman has helped her stand out with clients, and she believes being a female in the business has been more of an asset than it ever was a liability. Ms. Lagomasino contributes to the mix of experience and qualifications the Board seeks to maintain primarily through her experience in leading a variety of firms in the wealth management industry and her experience on other public company boards. We use As of 10 August 2017 she still owns at least 7,512 units of Walt Disney Co stock. She is a recognized leader in the wealth management industry, and is a founder of the Institute for the Fiduciary Standard. Prior to assuming this position, she was Managing Director of The Chase Manhattan Bank in charge of its Global Private Banking Group. In 2007, she was named Hispanic Business Woman of the Year by Hispanic Business magazine. Ms. 0 references . offers FT membership to read for free. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Morgan Vazquez - Walmart. She is a recognized leader in the wealth management industry, and is a founder of the Institute for the Fiduciary Standard . She previously served as a Director of Avon Products, Inc. from December 2001 to March 2016. Maria Elena Lagomasino is a businesswoman who has been an executive at such companies as Coca-Cola and JP Morgan Chase. See the press release here for more details. The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise that includes Parks, Experiences and Products; Media & Entertainment Distribution; and three content groupsStudios, General Entertainment and Sportsfocused on developing and producing content for DTC, theatrical and linear platforms. Wikivoyage (0 . Subscribe for original insights, commentary and analysis of the issues facing the financial advice community, from the InvestmentNews team. Maria Elena Lagomasino Blogs, Comments and Archive News on Economictimes.com Check if your Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. News May 02, 2022 Thats why it was meaningful for me to have families never, ever go through something like that, said Ms. Lagomasino, CEO and managing partner of WE Family Offices, based in New York and Miami. Maria Elena Lagomasino Became a member of the Disney board of directors on Dec. 1, 2015. Ma ria Elena (Mel) Lagomasino has worked with financially successful families for more than three decades. 1 Min Read. WE Family Offices Managing Partner Maria Elena (Mel) Lagomasino has been recognized by Private Asset Management as one of the 50 most influential women in private wealth for a second year in a row. She previously served as a Director of Avon Products, Inc. from December 2000 to March 2016. Ms. Lagomasino has been a Director of the Company since 2015. A graduate of Manhattanville College, Lagomasino earned graduate degrees from Columbia University and Fordham University. Lead Independent Director at Aqua America, Lead Independent Director at Equitrans Midstream Corp. Ms. Lagomasino had been with Chase Manhattan since 1983 in various positions in private banking. Mr. James Quincey. Ms. Lagomasino is the Chief Executive Officer and Managing Partner of WE Family Offices, a global family office serving high net worth families, and has held these positions since March 2013. With offices in New York and Miami, WE Family Offices is an award-winning independent, family-focused wealth management firm, serving ultra-high net worth clients. Sep 23, 2015 Updated Sep 23, 2015, 2:23pm PDT. She is survived by her six children: Maria Elena, Hector and wife Gail, Fernando and wife Olga, Carlos and wife Kathy, Andres and wife Myriam, and Isabel and husband Mark Cunningham. She also co-founded the Institute for the Fiduciary Standard. In 2007, she was named Hispanic Business Woman of the Year by Hispanic Business magazine. Location: New York, USA Contact Maria Elena (Mel) Citywealth rating. In August 2015, she was named one of the 50 most influential women in Wealth Management by Private Asset Management. Maria Palicio Lagomasino passed away in her home in Coral Gables, Florida on August 12, 2016 at the age of 93. "Maria Elena (Mel) Lagomasino is CEO and managing partner of WE Family Offices, a global family office serving ultra-high net worth families. The Walt Disney Company Board of Directors has elected Maria Elena Lagomasino, the CEO and Managing Partner of financial advisory firm WE Family Offices, as an independent director, effective Dec. 1. organisation She left Morgan to become CEO of Asset Management Advisors (AMA), an affiliate of SunTrust Banks, in November 2005. Maria Elena (Mel) Lagomasino has worked with financially successful families for more than three decades. In August 2015 she was named one of the 50 most influential women in Wealth Management by Private Asset Management. In addition, she makes $346,530 as Independent Director at Walt Disney Co. Mel serves on the boards of The Walt Disney Company and The Coca-Cola Company. Disney is a Dow 30 company and had annual revenues of $65.4 billion in its Fiscal Year 2020. Dear James, We are delighted to confirm your new position as President and Chief Executive Officer, Job Grade 26, with an effective date of May 1, 2017. Maria Elena Lagomasino, 68, is the Chief Executive Officer and Managing Partner of WE Family Offices, an office serving high net worth families, and has held these positions since March 2013. Ms. Lagomasino served as Chief Executive Officer of GenSpring Family Offices, LLC, an affiliate of SunTrust Banks, Inc., from November 2005 through . Managing Partner & CEO, WE Family Offices Maria Elena (Mel) Lagomasino is CEO and managing partner of WE Family Offices. [3] Ms. Lagomasino has been a Director of The Walt Disney Company since 2015. Because her own family had gone through similar upheavals in Cuba, she connected all the more with her clients concerns. Ms. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Prior to assuming this position, she was Managing Director of The Chase Manhattan Bank in charge of its Global Private Banking Group. July 12, 2016. As CEO and Managing Partner of WE Family Offices, a global family office serving ultra high net worth families, she engages client families to build their wealth enterprises and provide the support and control they need to manage their wealth as a successful business enterprise. She served as a Trustee of the National Geographic Society from 2007 to 2015. Explore our Purpose & Vision, History and more. Previously, she served as chairman and chief executive officer of JP Morgan Private Bank, an institution with more than $300 billion in client assets under supervision. Options Flow - Real Time Feed; Put/Call Ratio - Top Bullish; Put Call Ratio - Top Bearish; SEC FILINGS The information contained in this letter provides details of your new position. Visiting American, Asian and European clients of Chase Manhattan's Global Private Bank keeps Maria Elena Lagomasino on the road nearly half the year. Biography []. Ms. Lagomasino had been with Chase Manhattan since 1983 in various positions in private banking. She served as a Director of the Company from April 2003 to April 2006. Maria Elena (Mel) Lagomasino is the CEO and managing partner of WE Family Offices, which helps financially successful families organize and manage their wealth like a well-run company. We is part of the Finance industry, and located in Florida, United States. Maria Elena Lagomasino is a highranking business woman who has been CEO and director of such companies as CocaCola and JP Morgan Chase. A. Maria Lagomasino Net Worth The estimated Net Worth of Maria Elena Lagomasino is at least $1.17 million dollars as of 10 August 2017. Elena Maria Lagomasino's largest purchase order was 980 units, worth over $99.94K on May 16, 2016. 2023 InvestmentNews LLC. Lagomasino will joi In this role, she engages client families to build their wealth enterprises and provides the support and control they need to manage their wealth as a business enterprise. She is also a member of the Council on Foreign Relations. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. The largest trade she's ever made was exercising 8,000 units of Walt Disney Co stock on 25 February 2011 worth over $172,480. Ms. Lagomasino had been with Chase Manhattan since 1983 in various positions in private banking. . Over the last 17 years, insiders at Walt Disney Co have traded over $398,625,703 worth of Walt Disney Co stock and bought 31,486 units worth $1,067,286 When an immigration official asked if she had left in 1960, Ms. Lagomasino nodded affirmatively. It was 1960. Following the Chase-JP Morgan merger, she became chairman and chief executive officer of JP Morgan Private Bank. Family Office Conference. Ms. Lagomasino is the Chief Executive Officer and Managing Partner of WE Family Offices, a global family office serving high net worth families, and has held these positions since March 2013. Maria Elena (Mel) Lagomasino is the CEO and managing partner of WE Family Offices, which helps financially successful families organize and manage their wealth like a well-run company. Ms. Lagomasino is the Chief Executive Officer and Managing Partner of WE Family Offices, a global family office serving high net worth families, and has held these positions since March 2013. Less than two months later, the couple married on August 15, 1958, in Lubbock, Texas. Standard Digital includes access to a wealth of global news, analysis and expert opinion. He is also a member of the boards of The Walt Disney Company and The Coca-Cola Company. Maria Elena Lagomasino has been a Director of The Coca-Cola Company since 2008 and Lead Independent Director since April 2019. or The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. WE Family Offices CEO & Managing Partner Mar 2013 Board and Advisor Roles Number of Current Board & Advisor Roles 3 Number of Past Board & Advisor Roles 2 She is a white, non hispanic female registered to vote in Collier County, Florida. In 2007, she was named Hispanic Business Woman of the Year by Hispanic Business magazine. Ms. Lagomasino served as Chief Executive Officer of GenSpring Family Offices, LLC, an affiliate of SunTrust Banks, Inc., from November 2005 through October 2012. 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