Lloyd Blankfein

Lloyd Craig Blankfein (born 1954 in Brooklyn, New York City) is the current Chief Executive Officer (CEO) and Chairman of Goldman Sachs. After the May 31, 2006 nomination of Chief Executive Officer Hank Paulson as Secretary of the Treasury, Blankfein was announced as the new CEO and Chairman to succeed Paulson.

Blankfein has a blue-collar background. He was raised in the Linden Houses, part of the New York City Housing Authority. He received his primary and secondary education in the public schools of the New York City Department of Education, and was valedictorian of Thomas Jefferson High School in 1971. He attended Harvard College, earning his A.B. in 1975, and in 1978 received a J.D. from Harvard Law School.

Blankfein worked as a corporate tax lawyer for the firm of Donovan, Leisure, Newton & Irvine. In 1981 he joined Goldman's commodities trading arm, J. Aron, as a gold bar and coin salesman.

He is the current Gala Chairman of the Rockefeller family's Asia Society in New York.

Lloyd Blankfein earned a total of $53.4 Million in 2006, making him the highest paid executive on Wall Street. His bonus reflected the performance of Goldman Sachs, which reported record net earnings of $9.5 billion. Blankfein's compensation included a cash bonus of $27.3 million, with the rest paid in stock and options.

External links

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• The Man Goldman Is Banking On 2004 profile from BusinessWeek magazine