24 Facts About Lloyd Blankfein

1.

Lloyd Craig Blankfein was born on September 20,1954 and is an American investment banker who has served as senior chairman of Goldman Sachs since 2019, and chairman and chief executive from 2006 until the end of 2018.

2.

Lloyd Blankfein served as the president and chief operating officer from 2004 to his ascension to chief executive.

3.

Lloyd Blankfein was twice named one of the most influential people in the world by Time magazine and won the Financial Times Person of the Year award in 2009.

4.

Lloyd Craig Blankfein was born in The Bronx borough of New York City to a low-income, Jewish family on September 20,1954.

5.

Lloyd Blankfein's father, Seymour Blankfein, was a clerk with the US Postal Service branch in Manhattan and his mother was a receptionist.

6.

Lloyd Blankfein was raised in the Linden Houses, a housing project in the East New York section of Brooklyn.

7.

Lloyd Blankfein received primary and secondary education in New York City's public schools graduating valedictorian at Thomas Jefferson High School in 1971.

8.

In 2004, Lloyd Blankfein was promoted to president and chief operating officer, a position he served in until June 2006.

9.

Shortly after Paulson was sworn in, Lloyd Blankfein was asked to serve as chairman and chief executive officer in July 2006.

10.

Lloyd Blankfein testified once more before Congress in April 2010 at a hearing of the Senate Permanent Subcommittee on Investigations.

11.

Lloyd Blankfein said that Goldman Sachs had no moral or legal obligation to inform their clients they were betting against the products they were selling to them because it was not acting in a fiduciary role.

12.

Nevertheless, as a precaution Lloyd Blankfein hired Reid Weingarten, a high-profile defense lawyer who represented former WorldCom CEO Bernard Ebbers and former Enron accounting officer Richard Causey.

13.

In February 2018, to counter low sales and trading profits, Lloyd Blankfein instituted new hiring priorities.

14.

On March 15,2018, Lloyd Blankfein issued an internal memo advocating for complete gender parity among its workforce.

15.

Lloyd Blankfein was paid a base salary of $600,000 with a total compensation package of $54.4 million in 2006 as the highest-paid executive on Wall Street.

16.

Lloyd Blankfein's bonus reflected the performance of Goldman Sachs, which reported record net earnings of $9.5 billion.

17.

Lloyd Blankfein received US$23 million in salary and bonuses in 2015, which was slightly down from the US$24 million he earned in 2014 from Goldman Sachs.

18.

Lloyd Blankfein donated $4,600 to Democratic Party candidate Hillary Clinton in 2007, and to the Senate re-election campaigns for the Republicans Rob Portman and Roy Blunt in 2015.

19.

Lloyd Blankfein is a supporter of gay marriage and has been a spokesman for the Human Rights Campaign, an advocacy group for LGBTQ civil rights.

20.

On June 1,2017, Lloyd Blankfein posted his first ever tweet, despite joining Twitter in 2011.

21.

Lloyd Blankfein who earned $24 million from Goldman Sachs in 2018 criticized the notion that CEOs are overpaid.

22.

Lloyd Blankfein serves on the board of directors of the Partnership for New York City, and on the board of overseers of the Weill Cornell Medical College.

23.

On September 22,2015, Lloyd Blankfein was diagnosed with a form of lymphoma.

24.

Lloyd Blankfein received multiple rounds of treatment of chemotherapy and by October 2016 was in remission.