1. Gary Cohn was appointed vice-chairman of IBM on January 5,2021.
36 Facts About Gary Cohn
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Gary Cohn is on the Board of Advisors for Hoyos Integrity, a startup company employing biometric blockchain technology for secure communications and digital payments, and vice chairman of IBM.
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Gary Cohn is the chairman of the advisory board at Pallas Advisors, a national security strategic advisory firm based in Washington, DC.
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Gary Cohn was born to an Eastern European Jewish family, the son of Victor and Ellen Cohn, and was raised in Shaker Heights, Ohio.
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Gary Cohn's father was an electrician who later became a real estate developer.
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Gary Cohn was diagnosed with dyslexia at a young age, and attended four schools by the time he reached sixth grade.
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Gary Cohn studied at Gilmour Academy for high school and graduated in 1979.
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Gary Cohn received a Bachelor of Science degree with a major in business administration from American University in 1982.
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Gary Cohn started his career at the US Steel home products division in Cleveland, Ohio.
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Gary Cohn taught himself the basics of options by reading about it in the days between meeting the hiring manager and joining the New York Mercantile Exchange.
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Gary Cohn was hired by Goldman Sachs in 1990 and became a partner at the firm in 1994.
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In 2003, he was named co-head of Equities, and in January 2004, Gary Cohn was named the co-head of global securities businesses.
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Gary Cohn became president and Co-Chief Operating Officer, and director in June 2006.
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On January 5,2021, Gary Cohn was appointed Vice Chairman of IBM's board of directors.
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On January 20,2017, Gary Cohn took office as Director of the National Economic Council in President Donald Trump's administration, a position that did not require Congressional confirmation.
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Gary Cohn supports reinstating the Glass-Steagall legislation, which would separate commercial and investment banking.
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Under the Trump administration, Cohn was cited by the press as a supporter of globalism, and was given nicknames such as "Globalist Gary" and "Carbon Tax Cohn".
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Gary Cohn was said to be at odds with the populist faction led by Steve Bannon, when Bannon was White House Chief Strategist.
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Gary Cohn led the Trump administration's efforts to pass the Tax Cuts and Jobs Act of 2017.
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Gary Cohn reportedly considered resigning from the National Economic Council after the 2017 Charlottesville rally and criticized the Trump administration's response to the rally, saying, "I believe this administration can and must do better in consistently and unequivocally condemning" white supremacists.
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On March 6,2018, Gary Cohn announced his intention to resign; the announcement followed Trump's proposal to impose import tariffs on steel and aluminum and Trump's cancellation of a meeting with end users of steel and aluminum that Gary Cohn had arranged in an attempt to dissuade him from the tariffs.
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Bob Woodward's 2018 book Fear: Trump in the White House relates two instances when Gary Cohn removed draft letters from Trump's desk so that Trump would not see them.
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Trump's opinion of Gary Cohn reportedly remained good after he resigned; Trump called him a "rare talent" who had done a "superb job".
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Gary Cohn supported other candidates during the 2024 Republican Party presidential primaries, but after Trump won the 2024 United States presidential election, Gary Cohn became a "Trump ambassador" to Wall Street for appointments and policy.
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Gary Cohn is on the Board of Spring Labs, a startup using blockchain technology to share consumer credit data, and Sotera Digital Security, a company that has created a mobile phone for secure communications.
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Gary Cohn is a key advisor for Machine Zone and Abryx, a biomaterial science company.
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In 2019, Gary Cohn was a visiting fellow at the Institute of Politics at the Harvard Kennedy School where he taught a seminar alongside former US Senator Heidi Heitkamp on economic, demographic, and national security policy.
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Gary Cohn financed the Gary D Cohn Endowed Goldman Sachs Chair in Finance and the Gary D Cohn Scholarship both at American University, his alma mater.
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Gary Cohn has been a supporter of Reviving Baseball in Inner Cities, and has supported the nonprofit youth development organization Harlem RBI since 2011.
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Mark Teixeira of the New York Yankees and Harlem RBI director Rich Berlin asked Gary Cohn to help them raise the capital they needed to build the school.
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On June 17,2013, Gary Cohn was honored at the annual "Bids for Kids" gala in order to raise funds for Harlem RBI.
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Gary Cohn said in an interview that Harlem RBI is a project "very near and dear to my heart".
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In 2015, Gary Cohn won $360,000 for Harlem RBI as winner of Bloomberg's Brackets for a Cause competition.
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Gary Cohn is active in various charitable causes related to education and healthcare.
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Gary Cohn is a member of the Board of Trustees of NYU Langone Health and on the Board of Overseers of the NYU Tandon School of Engineering.
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Gary Cohn has been a trustee of American University and Gilmour Academy.