29 Facts About Sandy Weill

Sanford I "Sandy" Weill is an American banker, financier and philanthropist.

Sandy Weill is a former chief executive and chairman of Citigroup.

Sandy Weill was born in the Bensonhurst section of Brooklyn, New York, to Polish Jewish immigrants, Etta Kalika and Max Sandy Weill.

Sandy Weill attended Peekskill Military Academy in Peekskill, New York, then enrolled at Cornell University where he was active in the Air Force ROTC and the Alpha Epsilon Pi fraternity.

Sandy Weill received a Bachelor of Arts degree in government from Cornell in 1955.

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Rather than making phone calls or personal visits to solicit clients, Weill found he was far more comfortable sitting at his desk, poring through companies' financial statements and disclosures made to the U S Securities and Exchange Commission.

Sandy Weill served as the firm's Chairman from 1965 to 1984, a period in which it completed over 15 acquisitions to become the country's second-largest securities brokerage firm.

In 1981, Sandy Weill sold Shearson Loeb Rhoades to American Express for about $915 million in stock.

Sandy Weill resigned from American Express in August 1985 at age 52.

In September 1997 Sandy Weill acquired Salomon Inc, the parent company of Salomon Brothers Inc for over $9 billion in stock.

Sandy Weill's office holds a wood etching of him engraved with the words "The Shatterer of Glass–Steagall".

Sandy Weill denies that the repeal of Glass–Steagall played a role in the recent financial crisis.

In 1998, Sandy Weill was the recipient of FinancialWorld Magazines CEO of the Year Award and received the same honor from ChiefExecutive Magazine in 2002.

In 2001, Sandy Weill became a Class A director of the Federal Reserve Bank of New York.

Also in 2001, Sandy Weill established several offshore enterprises, including one through which he owned his yacht.

Sandy Weill served as a Cornell Trustee for many years, and in 1998 he endowed Cornell's medical school, now known as the Sandy Weill Cornell Medical College.

Sandy Weill Cornell established the first American medical school overseas in Doha, Qatar, in 2001.

Sandy Weill serves on the Board of Governors of Sidra, a 380-bed speciality teaching hospital was scheduled to open in 2014 in Qatar.

Long a proponent of education, Sandy Weill instituted a joint program with the New York City Board of Education in 1980 that created the Academy of Finance, which trains high school students for careers in financial services.

Sandy Weill has received honorary degrees from Howard University, Hofstra University, University of New Haven, The New School, and Sonoma State University.

Sandy Weill previously served as the Chairman of the Board of Carnegie Hall until 2016, and is an avid champion of classical music in the United States.

The 1997 recipient of the New York State Governor's Art Award, Sandy Weill has been Chairman of the Board of Trustees of Carnegie Hall since 1991.

Sandy Weill is chairman of the Green Music Center Board of Advisors at Sonoma State University and a director of the Lang Lang International Music Foundation.

In 1997, Sandy Weill received the Golden Plate Award of the American Academy of Achievement.

Sandy Weill donated $5 million towards the construction of the building and an additional $3 million to endow the position of the dean of the school.

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Joan and Sanford Sandy Weill have been co-chairs, of the annual "Louis Marshall Award Dinner", for most of the past decade .

Sanford I Weill was the 2015 recipient of the Carnegie Hall Medal of Excellence.

In 2012, Sandy Weill was elected a member of the American Academy of Arts and Sciences.

In 2015, Joan Sandy Weill offered an additional $20 million to Paul Smith's College, but only if it changed its name to Joan Sandy Weill-Paul Smith's College, a change that would have violated the terms of the devise of the school's real property, which required that the school be "forever known" as Paul Smith's College of Arts and Sciences.