John K. Castle

John K. Castle
John K Castle of Castle Harlan
Personal details
Born
John K Castle
NationalityAmerican

John K. Castle is chairman and chief executive officer of Castle Harlan, Inc.,[1] the chairman of Branford Castle, Inc. and the co-founder of Castle Connolly Medical.[2][3]

Castle Connolly Medical Limited

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Castle Connolly Medical Ltd. has historically published New York's Top Doctors and America’s Top Doctors.[4][5] Castle Connolly was sold to Everyday Health Group in December 2018.[6][7][8]

Career

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With his expertise in Science, Mathematics and Economics, Castle co-founded the institutional private equity market in the late 1960s.[9] Throughout his career, he has been the owner and controller of the following corporations: Delaware Management, Ethan Allen, Ames True Temper and several restaurant chains (including Perkins, Marie Callender's and Morton's Steakhouses.[10] He has also served as a director of the Equitable Life Assurance Society of the US.

In 1986, he launched Castle Harlan. Prior to that he was president and CEO of Donaldson, Lufkin & Jenrette, Inc.[11] and a director of the Equitable Life Assurance Society of the US.[12]

In 1969 – as chairman of DLJ's Merchant Banking and Sprout Group – Castle was a pioneer in the promotion of the use of limited partnerships as a means for pension funds and other large institutions to invest private capital into companies.[13]

Philanthropy and awards

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In 2015, Castle was the recipient of the 2015 Peter Hilton Founder’s Award.[14] He was the 2017 Happy Warrior Award recipient of The Alfred E. Smith Memorial Foundation.[15]

Castle has endowed one Associate/Assistant Professorship in Economics and five graduate fellowships at The Massachusetts Institute of Technology.[16]

Education

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Castle has a Bachelor’s Degree from the Massachusetts Institute of Technology, and an MBA from Harvard Business School where he was a Baker Scholar with High Distinction. He has been awarded four Honorary Doctorate degrees of Humane Letters.[17] One was from Franklin Pierce University.[18]

Palm Beach Residence

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In 1995, Castle purchased and restored the Palm Beach estate formerly owned by the Kennedy family[19] (best known as John F. Kennedy’s Winter White House). In May 2015, Castle and his wife, Marianne, sold the estate for $31 million to TGS Florida LLC, managed by Jane H. Goldman of New York.[20]

Personal life

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John K. Castle is married to Marianne with whom he has three sons, Dr. James Castle from Highland Park, Illinois, William Castle from Alexandria, Virginia, and John S. Castle.[21]

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References

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  1. ^ Mercedes M., Cardona (December 13, 2006). "Buy-Out Firm Likes the Traditional Path: Castle Harlan Sticks to Basic Philosophy". Pensions & Investments. Retrieved March 22, 2016.
  2. ^ "Finding the Best Doctors". Retrieved March 22, 2016.
  3. ^ McNulty, John (April 10, 2020). "John K. Castle Defies Predictions, Thrives in Middle Market". Private Equity Professional. Archived from the original on August 5, 2020. Retrieved April 19, 2020.
  4. ^ "WHO WE ARE The people behind America's Top Doctors". Castle Connolly. Retrieved March 22, 2016.
  5. ^ "Top Doctors 2020". Nevada Public Radio. Retrieved September 23, 2020.
  6. ^ Heltzel, Bill (January 21, 2019). "Everyday Health Group acquires Castle Connolly Medical". Westfair Communications. Retrieved March 27, 2019.
  7. ^ "Everyday Health Group Acquires Castle Connolly Medical Ltd., the Leading Healthcare Provider Research and Ratings Company". MarketWatch. Retrieved March 27, 2019.
  8. ^ "Dear Castle Connolly Doctors, We Want to Help | Everyday Health". EverydayHealth.com. Retrieved September 23, 2020.
  9. ^ "Alumni & Friends Profile". MIT Department of Physics.
  10. ^ "John Castle Biography" (PDF). ACG. Retrieved March 22, 2016.
  11. ^ "John K. Castle Elected CEO At Donaldson, Lufkin & Jenrette". Associated Press. Retrieved March 22, 2016.
  12. ^ Gilpin, Kenneth (January 3, 1985). "BUSINESS PEOPLE; Donaldson Executive Chosen". The New York Times. Retrieved March 22, 2016.
  13. ^ Wayne, Leslie (August 14, 1988). "The Rise and Fall of the Big Breakup Deals". The New York Times. Retrieved March 22, 2016.
  14. ^ "Q&A Part II – Interview with John K. Castle, Chairman and Chief Executive Officer of Castle Harlan, Inc". ACG New York. July 8, 2015. Retrieved October 25, 2017.
  15. ^ Krob, Jake. "Castle named a 'Happy Warrior'". Marion Times. Retrieved October 25, 2017.
  16. ^ "Alumni & Friends Profile". MIT Department of Physics. Retrieved October 25, 2017.
  17. ^ John Castle: Advisory Group Member. "John Castle | EastWest Institute". East West NGO. Retrieved March 22, 2016.
  18. ^ "Franklin Pierce University's 2014 Commencement Shines!". Franklin Pierce University. Retrieved March 22, 2016.
  19. ^ "The Kennedys Give up a Beachhead". Bloomberg. Retrieved March 22, 2016.
  20. ^ Bandell, Brian. "Winter White House: Former Kennedy estate in Palm Beach sold for $31M". BizJournals. Retrieved March 22, 2016.
  21. ^ "Wedding Days". New York Social Diary. Archived from the original on March 6, 2016. Retrieved March 22, 2016.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
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