Richard S. Fuld Jr.

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Richard S. Fuld, Jr.
Richard Fuld.jpg
Occupation Banker

Richard S. Fuld, Jr. has spent many years as an executive in the banking industry. He was chairman of the board of directors of Lehman Brothers Holdings Inc. and Lehman Brothers Inc. since 1994 and chief executive officer of the company since 1993. [1] He was also chairman of Lehman Brothers' executive committee. Lehman Brothers filed for bankruptcy protection under Chapter 11[3] on Sept. 15, 2008, and subsequently announced a sale of major operations to parties including Barclays Bank and Nomura Securities.

Fuld is a member of the executive committee of the board of directors of The Partnership for New York City. He also serves as a member of both the international business council of the World Economic Forum and The Business Council and is on the board of trustees of Middlebury College and New York-Presbyterian Hospital, as well as on the board of directors of the Robin Hood Foundation.

Background

Fuld was president and chief operating officer of Lehman Brothers Holdings Inc. and Lehman Brothers Inc. from 1993 to 1994. He was president and co-chief executive officer of the Lehman Brothers Division of Shearson Lehman Brothers Inc. from 1990 to 1993. He was a vice chairman of Shearson Lehman Brothers from 1984 until 1990 and has been a director of Lehman Brothers Inc. since 1984. He joined Lehman Brothers in 1969.

Education

Fuld received his B.A. from the University of Colorado and his MBA from the New York University Stern School of Business.

Recent News

Fuld kept a low profile after the financial crisis in which Lehman was a victim. He reappreared in the headlines on September 1, 2010 when he testified in front of the Financial Crisis Inquiry Commission. [2]

References

  1. What Has Dick Fuld Been Up To?. New York Times.
  2. US financial crisis grills Lehman boss Dick Fuld. The Guardian UK.
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