Daniel L. Doctoroff

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Daniel L. Doctoroff
Daniel L. Doctoroff.jpg
Occupation President
Employer Bloomberg
Location New York, NY
Website www.bloomberg.com

Daniel L. Doctoroff is president of Bloomberg, L.P., a position he assumed in 2008.[1] Doctoroff also serves as a member of the Committee on Capital Markets Regulation.[2] In September of 2014 it was reported that Michael Bloomberg would return to head the company at the end of the year, at which time Doctoroff would step down as president.

Doctoroff joined Bloomberg six months before the financial crisis hit in September 2008. Under his watch, the company’s revenue rose to more than $9 billion, from $5.4 billion and subscriptions to Bloomberg’s financial-data terminals, which rent for about $20,000 a year, grew to 321,000 from 273,000. Bloomberg also added more than 500 reporters and editors during his tenure, despite a shrinking of both the news and financial industries.[3]

Background

Before joining Bloomberg, Doctoroff served as deputy mayor for Economic Development and Rebuilding for the City of New York. Under the leadership of Mayor Michael R. Bloomberg, Doctoroff led the effort to reverse New York's fiscal crisis after the attacks of 9/11 through a five-borough economic development strategy. He is a former investment banker.[4]

Education

Doctoroff received a B.A. degree from Harvard University and a J.D. from the University of Chicago.

References

  1. Leadership in Tourism Awards Press Release. PR Newswire.
  2. Committee Members. Committee on Capital Markets Regulation.
  3. Michael Bloomberg to Return as Chief of Company He Founded. The New York Times.
  4. Mayor's Economic Development Chief Goes To Bloomberg LP. Si Live.