AndhraNews.net
Home » Features » Businesspeople » Jacques Nasser

Jacques Nasser


About Jacques Nasser

Jac Nasser was born 12 December 1947 in Amyoun, Lebanon and migrated to Australia with his parents and a brother at the age of four. His sister was born in Australia.

Mr Nasser grew up in Australia, graduated in business at RMIT University and has an honorary Doctorate of Technology. An Australian and also a U.S. citizen, he speaks English, Arabic, Spanish and Portuguese.

Mr Nasser began his 33 year career with the Ford Motor Company in Broadmeadows outside of Melbourne thereafter rising through the company before being named President of the Global Automotive Business in 1996 and in 1999 became President and Chief Executive Officer (CEO).

He has held senior management positions with Ford in Asia, South America, Europe and North America. In 1989, he was posted back to Australia to take charge of Ford’s Australian operations. During this period, Ford Australia achieved excellent results, and Mr Nasser was a champion of a strong manufacturing and technical base in Australia.

Following Australia, Mr Nasser was appointed as Chairman of Ford of Europe where he led a strategy focused on product innovation, engineering excellence and growth.

He later became Global Head of Product Development from 1994 to 1996, President of the Global Automotive Business from 1996 to 1999. On 1 January 1999, Mr Nasser was appointed President and CEO of Ford Motor Company in Dearborn, Michigan. During his tenure as CEO, Ford became the world's most profitable volume carmaker and pioneered the global product development business model for the industry. It also out-performed the S&P500 and its closest automotive rivals in total shareholder returns in each year that he led the famous "Blue Oval".

After leaving Ford in October 2001, Mr Nasser became one of the original senior partners in One Equity Partners. One Equity Partners is the global private equity arm of JP Morgan and is regarded as one of the most successful groups in this field with several billion dollars committed and invested in a diverse portfolio of strategically important industries. His responsibilities include developing, evaluating and implementing direct equity investments in various industries around the world.

Mr Nasser became a Non-executive Director of BHP Billiton in June 2006 and is a member of the Board’s Risk and Audit Committee. He is also a member of the International Advisory Board of Allianz A.G. and a Director of British Sky Broadcasting plc. He was Chairman of Polaroid through early 2005 and a Director of Brambles Limited and Quintiles Transnational Corporation until 2008.In recognition of his work for industry, as an adviser to government, and for education in the area of technology, he was awarded an Order of Australia and a Centenary Medal. Mr Nasser was also awarded the Order of the Cedar from Lebanon. In 2008 he received the Ellis Island Medal of Honor for outstanding contributions to American Society.

Jacques Nasser in News

British Sky Broadcasting Group Interim Results

Comment on this story

Share