Irish America


Bob McCann, CEO of UBS Wealth Management Americas, shares his insights on philanthropy and business in Ireland and America


Bob McCann, CEO of UBS Wealth Management Americas and member of the group executive Board of UBS AG.

Sitting with Bob McCann in his impressive office in Weehawken, New Jersey, facing a panoramic view of the Hudson and the New York skyline, it’s hard to argue with this statement. The chief executive officer of UBS Wealth Management Americas (WMA) and a member of the group executive board of UBS AG, McCann has a résumé that would intimidate many established professionals, not to mention a recent college graduate with a ballpoint pen and a Dictaphone.

This considered, I’m amazed at how down-to-earth Bob McCann is. When he walks into a room, you’re put at ease. Our photographer, Kit DeFever, mentioned his surprise when McCann greeted a security guard by name, and the guard called him Bob. He’s straightforward and open when discussing his views, political or philosophical, and downright tender when he talks about his two daughters, 20 and 22, and their hopes for the future. He is deeply committed to his philanthropic work and speaks passionately about his focus on education.

Before taking his current post at UBS, McCann spent twenty-six years at Merrill Lynch, where he was most recently vice chairman of Merrill Lynch & Co., Inc., and president of Global Wealth Management. When I speak with him on July 6, it’s the 28th anniversary of when he began working on Wall Street. “It was a Tuesday in 1982,” McCann remembers. “When I came to New York, I started to hear more about the Irish community, started having more interest ... A couple of my aunts have indicated that we were a family that didn’t talk a lot about our Irish heritage. When I pressed [family members] on that, it seems to be the conclusion that it was a family where it was thought, ‘We’re now American.’ So I can tell you that growing up, my Irish ancestry wasn’t mentioned a lot or talked much about.

“My involvement in Ireland didn’t really start until 1997, 1998, and it started for the most New York of all reasons. It was about business. A friend of mine [and fellow Wall Street 50 honoree] Kip Condron asked me to buy a table at The American Ireland Fund dinner in New York, and I did because he was a friend and a good client. But through that, I started to develop friendships in the Irish-American community, with Loretta Brennan Glucksman and [Ambassador] Dan Rooney, who’s from my hometown of Pittsburgh.”

McCann’s great-great-grandfather came to Scotland from outside of Belfast around 1850. Family research suggests that he heard of work in Western Pennsylvania when mills were being built in Pittsburgh, and immigrated to America. It wasn’t until the mid-90s that McCann visited Ireland on a golfing trip. “I remember it perfectly. It sounds like it’s out of a travelogue or something, but what I remember first is just how green it was. It really does strike you. I had no idea. From the sky, I remember wanting to understand all the walls that were up and what they represented. I couldn’t get over the value, in a host of ways, an Irishman puts on owning property.”


Nster.com


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