Herbert A. Allen III is an American businessman.
Herbert Allen III | |
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Born | 1966 or 1967 (age 57–58)[1] |
Known for | President of Allen & Company |
Spouse | Monica de la Torre |
Parents |
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Relatives | Herbert A. Allen Sr. (grandfather) |
Biography
editAllen is the son of Laura (née Parrish) and Herbert Allen Jr., former president of Allen & Company,[1] and grandson of Herbert A. Allen, Sr. who co-founded Allen & Company with his older brother, Charles Robert Allen, Jr.[2] Allen & Company was one of the first in the industry to specialize in corporate takeovers.[2] He has three siblings: Charles, Leslie, and Christie.[1] His parents later divorced and his father remarried Broadway dancer Ann Reinking.[1] Allen graduated from Yale University. He took over Allen & Company in 2002 and is president and Chief Executive Officer of Allen & Company.[3]
In October 2012, Vanity Fair ranked him number 18 in their list of The New Establishment.[4] Herbert Allen III, also known as Herb Allen, is a Wilson Center Expert.[5]
Personal life
editThis section needs expansion. You can help by adding to it. (January 2020) |
Herbert Allen III is married to Monica de la Torre, a public-interest lawyer and native of Puerto Rico.[1]
He is the owner of a $13.9 million house located on Figure Eight Island in North Carolina.[6]
References
edit- ^ a b c d e Loomis, Carol J. (June 28, 2004). "Inside the Private World of Allen & Co. Putting a premium on personal ties, this family firm thrives in the land of the giants". Fortune.
In late 2002 control passed to his son of the same name, Herb, 37, who keeps so low a profile that most executives in the securities industry probably don't even know he's now the boss.
- ^ a b New York Times" "Herbert Allen Sr., 88, an Early Specialist in Corporate Takeovers" By LESLIE EATON January 23, 1997
- ^ MacMillan, Douglas (21 February 2014). "Allen & Co. Flourishes as a Tech Deal Maker". Wall Street Journal. Retrieved 26 April 2016.
- ^ "Herb Allen III: The New Establishment". Vanity Fair. September 6, 2012. Archived from the original on December 24, 2015.
- ^ "Herb Allen". Woodrow Wilson International Center for Scholars. Retrieved December 23, 2015.
- ^ Clarke, Katherine (2024-07-03). "Allen & Co. President Buys One of North Carolina's Most Expensive Homes for $13.9 Million". The Wall Street Journal. Retrieved 2024-08-31.