[2] Shawn Tully, born in Manhattan, New York City, relocated to Princeton, New Jersey, at the age of ten, where he spent his formative years.
[5] While a reporter, Tully assisted two veteran Fortune writers, Carol J. Loomis on ITT chief Harold Geneen's disastrous investment in a rayon mill in Quebec, and Roy Rowan on three pieces on brothers Bunker and Herbert Hunt following the collapse in silver prices.
His CEO profiles while in Europe included pieces on construction titan Francis Bouygues and the prime figure in building L'Oreal, Francois Dalle.
"[9] An examination of pay for European versus U.S. CEOs revealed that the chiefs of such companies as Peugeot (Stellantis) and Rhône-Poulenc (Hoechst AG) earned far less than their American counterparts.
That year, he wrote “The Coming Boom in Europe,” predicting that new, free market reforms would lift the EU's growth rate.
Pursuing his focus on c-suite profiles, he wrote “The Super CFOs” on Stephen Bollenbach of Disney, Dennis Dammerman of General Electric Co. (GE), and several other prominent CFOs, followed in 1993 by an examination of how CEOs including Roberto Goizueta of Coca-Cola had adopted Economic Value Added (EVA) as a key metric for measuring profitability.
He continued his concentration on investigative subjects by examining the deep problems at insurer Conseco caused by its failed merger with Green Tree Financial.
[11] Two of Tully's stories in early 2000 asserted that the NASDAQ index had risen to a bubble valuation, due largely to the excessive prices for "dot.com" stocks.
[19] The following year, Tully asserted that Wall Street banks were failing to act in their customers' best interests, citing as a notable example the systematic underpricing of Initial Public Offerings.
In 2011, Tully wrote a favorable profile Brian Moynihan, who had recently become Bank of America’s CEO following the Great Financial Crisis.
[32] In a two day interview, former Philippine first lady Imelda Marcos explained her plans for addressing the energy crisis by mining deuterium from the ocean floor.
[41] A follow-up recounted how director Tarak Ben Ammar, the Tunisian film producer, sought Weinstein’s ouster well before the scandal began.
[42] On the passing of Bobby Riggs, Tully recalled that he played the tennis champion-promoter while a Princeton student, and lost in a close match.
[44] The year after, he made the case that bonds were extremely expensive and likely to provide poor returns in future and in “The Man Who Nailed Madoff Got GE Wrong,” disagreed with the prediction by investigative accountant Harry Markopolos, who forecasted the Madoff scandal, that its long-term care reinsurance portfolio would bankrupt the General Electric Co.[45] A collaboration with venture capitalist Bill Gurley criticized Wall Street's practice of underpricing IPO offerings.
[49] In mid-2022, Tully detailed the career of controversial MicroStrategy CEO Michael Saylor[50] and recounted his interview with former Treasury Secretary Larry Summers, who predicted a long battle to curb inflation, and asserted that mega-billionaires are under-taxed.
[53] A profile of Matt Swain, the 28 year old CEO, of investment banking and placement agent boutique Triago looked at how Swain is attracting large investments from family offices looking for an opportunity to own major portions or all of entire companies, as opposed to shares in pools of holding multiple companies provided by private equity firms.
In September that same year, Tully explored CEO Marc Rowan’s strategy for building alternative asset manager Apollo as powerhouse in private debt.
[61] Tully continued to follow the whistleblower story with an exclusive account of the twelve hours of depositions that Barnett gave in the two days before his death.
Tully stated that the HENRYs devote the vast bulk of their incomes to three expenses: taxes, housing and savings towards a private college education for their children.