Lloyd C. Blankfein

From MarketsWiki

Lloyd Blankfein
Occupation	Chairman and chief executive officer
Employer	Goldman Sachs & Co.

Lloyd Blankfein is chairman and chief executive officer of Goldman Sachs & Co.

Biography

This page is sponsored by...

Lloyd Blankfein rose from the ranks of the commodity futures business to the top of one of the largest investment banks in the world. Prior to his long career in the commodity arena, he worked as a corporate tax lawyer for the law firm Donovan, Leisure, Newton & Irvine. Blankfein then joined J. Aron’s currency and commodities division as a gold bar and coin salesman in 1982 shortly before the company was acquired by Goldman Sachs.

Over the succeeding years he rose steadily, first in the firm’s commodities division, then as head of the firm’s trading activities. He was named partner in 1988, head of the J. Aron currency and commodities division in 1994, and co-head of the Fixed Income, Currency and Commodities Division upon its formation in 1997. He was named a member of the firm’s management committee in 1999, vice chairman in 2002, president and chief operating officer of Goldman Sachs in January 2004. When on May 31, 2006, Goldman Chairman and CEO Hank Paulson was nominated as U.S. Secretary of the Treasury, Blankfein was announced as his replacement.

Blankfein served on Futures Industry Association's board of directors from 1992 to 1995. In 2006, he was inducted into the Futures Industry Association Futures Hall of Fame.^[1]

Education

BA, Harvard University (1975)
Law School: JD, Harvard Law School (1978)

Affiliations

Blankfein has served on the board of Catalyst, a research and advisory organization working with businesses and the professions to build inclusive environments and expand opportunities for women at work. He also has served as a member of the Harvard University Committee on University Resources, the advisory board of the Tsinghua University School of Economics and Management, the governing board of the Indian School of Business, an overseer of the Weill Medical College of Cornell University, a trustee of the New York Historical Society, the board of directors for Partnership for New York City, and a trustee of the Robin Hood Foundation, a charitable organization seeking to alleviate poverty in New York.