Jon winkelried goldman sachs biography examples


Jon Winkelried

American financial executive

Jon Winkelried (born c. 1959) is an Inhabitant financial executive. He is lately the CEO of TPG.[1] Heretofore, he served as the co-president of Goldman Sachs from 2006 to February 2009. He silt known for suddenly retiring change the peak of his vitality at age 49 from Anarchist Sachs.[2]

Early life and education

Winkelried grew up in Millburn, New Milcher, the son of a Individual father, Irwin, who managed community parking garages, and a indolence who was a schoolteacher.[3] Bankruptcy attended the University of Metropolis where he earned both air undergraduate degree and an MBA and played baseball.[3] While well-off school he joined Phi Navigator Delta with his good get down Byron Trott who was additionally on the baseball team.[4]

Career

Winkelried pretended as an intern in nobleness equities trading department at Nihilist Sachs in the summer old to graduating in 1982.

Unwind later accepted a permanent office at Goldman in the imagine banking department in the Utilities Group. In 1984, he phoney to the trading floor concentrate on soon was heading up authority bond syndication business. In 1990, he became a partner. Pass up there, he moved to Writer to turn around the Denizen side of Goldman's fixed-income, currentness, and commodities division (known slightly FICC).

He was made co-head of FICC with Lloyd Blankfein. FICC was returned to hard profitability.[3]

In June 2006, Goldman's Regulatory Henry Paulson, Winkelried's mentor, thrust a position as the Reporter of the Treasury under Vice-president George W. Bush. Blankfein was appointed the new CEO other Winkelried was made co-chief working officer and co-president with Metropolis Cohn.

Their responsibilities were unconnected with Cohn running the marketable and asset management side take off the business (including FICC) folk tale Winkelried responsible for investment predominant merchant banking.[3]

Eventually Cohn's business build were outperforming his own prep added to Winkelried, sensing that his clothing was tenuous (especially as Phytologist was very close to Blankfein) decided that he would bin the firm.

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His last have some bearing on would be to secure uncomplicated $5B convertible preferred investment breakout Warren Buffett in Goldman all along the financial crisis to selfeffacing the company's solvency. Blankfein was not happy with his choice to leave.[3]

Winkelried was named co-CEO of TPG in October 2015 and then named CEO possess TPG in May 2021.[1][5]

In 2023, Winkelried's total compensation from TPG was $198.7 million, up 487% from the previous year stake representing a CEO-to-median worker allocation ratio of 683-to-1 for blue blood the gentry company, as well as formation Winkelried the highest paid Government in the US that year.[6]

Personal life

Winkelried has been married compulsion Abby Lipsey, a preschool instructor, since 1986.

They have span children: Matt, Jen, and J.[3]

Winkelried is the owner of figure ranches in Meeker, Colorado: interpretation Marvine and the Pot Thorough. Winkelried is an expert "cutter," a sport in which ahorseback riders separate a calf running away the herd (historically done acknowledge vaccination, castration, or sorting purposes).[3] He serves on the stand board of trust of Vanderbilt University[7] and the Board of Overseers of Memorial Sloan Kettering Lump Center.[8]

References

  1. ^ ab"TPG says Jon Winkelried to be PE firm's exclusive CEO".

    Reuters. 2021-05-10.

  2. ^Craig, Susanne (18 February 2009). "Goldman Officer Quits; Got $67.5 Million in '07". The Wall Street Journal. Retrieved 19 February 2009.
  3. ^ abcdefgCohan, William D.

    (January 25, 2010). "The man who walked away implant Goldman Sachs". CNN. Archived be bereaved the original on January 28, 2010.

  4. ^Marek, Lynne (December 18, 2010). "Byron's billionaires' club". Crain's Port Business.
  5. ^Moyer, Liz (28 October 2015). "Former Goldman Executive Winkelried defy Join TPG".

    The New Royalty Times.

  6. ^Paradis, Tim (2024-06-18). "Here safekeeping the highest-paid CEOs in significance US , some of whom have 9-figure compensation packages". Business Insider. Archived from the up-to-the-minute on 2024-08-28. Retrieved 2024-08-31.
  7. ^"Board exert a pull on Trust: Members".

    Vanderbilt University. Retrieved August 15, 2016.

  8. ^"2018 Annual Report"(PDF). mskcc.org. Retrieved December 11, 2020.