Robert R. Glauber

Robert Rudolf Glauber (March 22, 1939 – February 14, 2021) was an American academic who was a lecturer at Harvard's Kennedy School of Government and a visiting professor at the Harvard Law School. He was the former chairman, president, board member and chief executive officer of NASD, and Under Secretary of the Treasury for Domestic Finance from 1989 to 1992. Glauber was executive director of the task force appointed by President Reagan to report on the 1987 stock market crash. He was also a director of Moody's Corporation, a trustee of the International Accounting Standards Committee Foundation; and director of XL Capital Ltd. Glauber had been a senior advisor at Peter J. Solomon Co., an investment bank, since November 2006 and was a member of the Committee on Capital Markets Regulation. He received his degrees from Harvard College and Harvard Business School.

Early life Glauber was born on March 22, 1939, in Manhattan, New York. His father, E. Robert Glauber, was an executive at a chain of men's hat stores. Glauber grew up on the Upper East Side of Manhattan. He graduated magna cum laude from Harvard University in 1961, starting out with math before graduating with an economics major. He went on to complete his PhD from the Harvard Business School in 1964.

Career Glauber started his career as a member of the faculty at Harvard Business School in 1964 and continued here until he was called to Washington, D.C. as the executive director of the Task Force appointed by President Reagan to report on the 1987 stock market crash. During his time as the CEO, he led the organization's transition to a non-profit organization focused on driving market regulations. This was also the period when NASD divested its ownership in Nasdaq and American Stock Exchange, and improving its finances towards pursuing regulatory actions, set up the TRACE bond price transparency systems, and drove new rules around conflict of interest declarations for analysts. The organization also led investor education programs to drive financial literacy amongst market participants.

Personal life Glauber met his future wife, Barbara Winter, when she was studying at Boston University. The couple married in 1978 and went on to have two children. He was noted to have loved opera, including those by Giuseppe Verdi and Richard Wagner, having made multiple visits to England and Germany, stating that one could watch the same opera "infinite times".

Glauber died at his home in Brookline, Massachusetts, on February 14, 2021. He was aged 81 and had been diagnosed with pancreatic cancer.