Senior partner emeritus, former global managing director
Criminal charges
Conspiracy (one count)
Securities fraud (three counts)
Criminal penalty
Two years imprisonment
$5 million fine
Criminal status
Convicted
Spouse
Anita Mattoo
Children
4
Rajat Kumar Gupta (Bengali pronunciation:[ɾɔdʒɔtkumaɾɡuptɔ]; born (1948-12-02)December 2, 1948) is an Indian-American business executive and convicted felon who, as CEO, was the first foreign-born managing director of management consultancy firm McKinsey & Company from 1994 to 2003. In 2012, he was convicted for insider trading and spent two years in prison. Gupta was a board member of corporations including Goldman Sachs, Procter & Gamble and American Airlines, as well as an advisor to non-profit organizations such as the Bill & Melinda Gates Foundation and The Global Fund to Fight AIDS, Tuberculosis and Malaria. He is the co-founder of the Indian School of Business, American India Foundation, New Silk Route and Scandent Solutions.
Gupta was convicted in June 2012 on insider trading charges of four criminal felony counts of conspiracy and securities fraud in the Galleon scandal. He was sentenced in October 2012 to two years in prison, an additional year on supervised release and ordered to pay $5 million in fines.[1] His conviction was upheld by a Federal Appeals Court on 25 March 2014.[2] He then lodged an appeal of his conviction with the U.S. Supreme Court which was subsequently upheld in April 2015. An application to remain free until the court determined whether it would hear the appeal was denied in June 2014 leaving Gupta having to commence his two-year prison term that month.[3] He was released on monitored house arrest in January 2016 and from house arrest in March 2016.
^Tangel, Andrew, "Ex-Goldman director gets two years in jail for insider trading", latimes.com, October 24, 2012.
^Protess, Ben (March 25, 2014). "Federal Court Rejects Gupta's Appeal for New Trial". The New York Times.
^"Ex-Goldman director Gupta loses bid to stay out of prison". Reuters. Retrieved June 11, 2014.
Rajat Kumar Gupta (Bengali pronunciation: [ɾɔdʒɔt kumaɾ ɡuptɔ]; born (1948-12-02)December 2, 1948) is an Indian-American business executive and convicted...
against RajatGupta" (Press release). U.S. Securities and Exchange Commission. October 26, 2011. Tangel, Andrew (October 24, 2012). "RajatGupta, former...
against RajatGupta" (Press release). U.S. Securities and Exchange Commission. October 26, 2011. Tangel, Andrew (October 24, 2012). "RajatGupta, former...
funds, and RajatGupta, the former head of McKinsey and Company and a board member of Goldman Sachs and Procter and Gamble. Rajaratnam and Gupta were both...
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marriage was an evil ploy made by Amba against the Gupta brothers. She continues to provoke Alok, Veeru and Rajat against Shiv and Ganga by revealing that they...
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off pleaded guilty, he changed his position, and admitted his guilt. RajatGupta, who had been managing partner of McKinsey & Co. and a director at Goldman...
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conviction, of 1 month (for RajatGupta). This led to the fund's closure and its directors going to jail for 2 to 10 years. RajatGupta was convicted in 2012...
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Daniel as managing partner in 1988 and succeeded after two terms by RajatGupta in 1994. From 1994-1998 he was the vice chairman and a director at the...
Foundation Founded 2001 Founder President Bill Clinton, Lata Krishnan, RajatGupta, Victor Menezes Type Charitable trust Focus Education, Livelihood, Public...
Sachs and the Galleon Group: "A month before joining Goldman’s board, RajatGupta began marketing a $2 billion hybrid private-equity and hedge fund vehicle...