Business Career
Leppert was chairman and CEO of the Turner Corporation (a subsidiary of German construction company Hochtief AG) prior to being elected mayor of Dallas. Turner Construction Company (a subsidiary of Turner Corp.) is currently the largest commercial builder in the United States. Leppert credits himself with earning more profits for the company during his seven year tenure than in the company's previous 97 years combined, and moving a related holding company headquarters (employing 15 people, including Leppert) from New York City to Dallas; Turner Construction continues to be headquartered in New York.
During his career, Leppert also held positions at McKinsey & Co., Trammell Crow Company, Bank of Hawaii, and Castle & Cooke Properties, Inc.
Leppert was elected to the Board of Directors of Washington Mutual (at the time, the largest savings and loan association in the United States) in 2005; as part of his election, he was also named to the Board of Directors' Governance and Audit committees. During Leppert's time on the Board of Directors, Washington Mutual collapsed — the largest bank failure in American financial history.
Leppert became President and Chief Operating Officer of Kaplan, Inc. in January 2013, assuming day-to-day oversight of the company's operating divisions: Kaplan Test Prep and Kaplan Higher Education in the United States, and Kaplan International, with operations across Europe, Asia, and Australia.
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