43 Facts About Jacques Nasser

Jacques Albert Nasser is a Lebanese Australian American business executive and philanthropist.

Jacques Nasser subsequently was a partner at One Equity Partners, as well as on the boards of British Sky Broadcasting and Brambles.

Jacques Nasser is currently on the board of Koc Holding, and served on the board of Fox Corporation, as both lead independent director and chairman of the compensation committee for the latter.

Jacques Nasser is currently on the advisory board of Altimetrik and on the chairman's panel of the Great Barrier Reef Foundation.

Jacques Nasser, who funds a number of scholarship programs, is a member of both the National Order of the Cedar in Lebanon and the Order of Australia.

Jacques Nasser was awarded the Ellis Island Medal of Honor, which pays homage to contributions made to America by immigrants.

Jacques "Jac" A Nasser was born in the city of Amioun, Lebanon on 27 December 1947.

Jacques Nasser is the son of a former bus driver and independent businessman, Abdo Nasser.

At four years of age Jacques Nasser moved with his family to Melbourne, Australia.

Jacques Nasser started a number of businesses as a teenager, including a bicycle-making operation and several discotheques with his brother Jamie, which they promoted in Melbourne.

Jacques Nasser graduated with a business degree from the Royal Melbourne Institute of Technology in Melbourne in 1968, where he would later be awarded with an honorary doctorate of technology.

Jacques Nasser speaks four languages: English, Arabic, Spanish and Portuguese.

Jacques Nasser helped in the negotiations of Ford's South African joint venture program in 1982.

In 1987 Jacques Nasser became the first director and vice president of Autolatina, a joint venture between Ford and Volkswagen in Brazil and Argentina.

Jacques Nasser remained president and CEO of Ford Australia until 1993, where he picked up the corporate nicknames "Jac the Knife" for cost-cutting efficiencies.

Jacques Nasser was dubbed "Black Jack" for his ability to keep numbers north of red.

On 1 January 1993, Jacques Nasser was elected chairman of the board of Ford Europe, a role he maintained until 1996.

Jacques Nasser was promoted to vice president of Ford Motor Company in 1993 as well, becoming Ford's group vice president of product development in 1994.

Jacques Nasser was the featured speaker at the 1998 New York International Auto Show.

On 1 January 1999, Jacques Nasser became president and CEO, as well as a member of the board of directors, of Ford Motor Company in Dearborn, Michigan.

Jacques Nasser announced that he would transform Ford, according to The Economist, into a "consumer-products and services company".

Jacques Nasser stated he would work to help Ford surpass GM in US market share, and would try to make Ford less reliant on pickup truck sales and expand into markets including electric, connected vehicles.

Jacques Nasser promptly instituted a number of changes as CEO, closing plants that were losing money and selling unprofitable operations.

Jacques Nasser instituted a new human resources policy mandating that 10 percent of low-performing managers could be subject to termination, arguing that new people and turnover were good for the company.

Jacques Nasser instituted a program that gave internet access and home computers to employees.

Beyond human resources, Jacques Nasser's other focus was brand management, and under Jacques Nasser's watch, in 1999 Ford formed Premier Automotive Group to expand its market share in the luxury segment.

Firestone responded by arguing that Ford Explorers had caused the accidents, not its tires, while Jacques Nasser defended the Explorer as one of the safer SUVs on the market.

Jacques Nasser again denied that Ford had responsibility in the accidents, with Ono admitting some fault.

In October 2001, Jacques Nasser retired from his position as Ford's CEO.

Jacques Nasser was succeeded in both positions by William Clay Ford Jr, who as Henry Ford's great-grandson had previously been chairman and president.

In February 2001, Jacques Nasser became a member of the International Advisory Council of Allianz Aktiengeselischaft, a role he would maintain until 2017.

Jacques Nasser was involved when One Equity speculated on bidding for Jaguar Cars and Premier Automotive Group in 2006.

Jacques Nasser remained a One Equity partner until 2014, and from 2013 until 2019 he was an advisor to One Equity Partners LLP.

Jacques Nasser was on the board of British Sky Broadcasting from November 2002 to November 2012 and he served on the board of BuyTV.

Jacques Nasser was elected chairman of BHP Billiton in March 2010, ending an 18-month search to find a replacement for the retiring Don Argus.

At the height of the fracking boom in 2011, Jacques Nasser had overseen a $20 billion investment in US shale oil and gas.

In 2018, Jacques Nasser backed the Australian financial-advice software company Ignition Advice.

In March 2019, when 21st Century Fox sold assets to Disney and formed Fox Corporation, Jacques Nasser was announced as one of the new company's board members.

Jacques Nasser was elected Lead Independent Director, chairman of the compensation committee, and a member of the audit committee.

Jacques Nasser was on the chairman's panel of the Great Barrier Reef Foundation.

Jacques Nasser was named 'Automobile Industries Man of the Year' in 1999 by the Retail Motor Industry Organization.

Jacques Nasser founded the Jacques Nasser Rural and Regional Scholarship at RMIT University and has supported organizations such as Focus: HOPE, a training centre in Detroit.

Jacques Nasser has Australian-American dual citizenship and is nicknamed "Jac".