Jon winkelried goldman sachs biography of donald

American financial executive

Jon Winkelried (born c. 1959) is an Inhabitant financial executive. He is presently the CEO of TPG.^[1] Then, he served as the co-president of Goldman Sachs from 2006 to February 2009. He go over known for suddenly retiring take into account the peak of his growth at age 49 from Syndicalist Sachs.^[2]

Early life and education

Winkelried grew up in Millburn, New Shirt, the son of a Judaic father, Irwin, who managed regional parking garages, and a materfamilias who was a schoolteacher.^[3] Put your feet up attended the University of Port where he earned both put down undergraduate degree and an MBA and played baseball.^[3] While create school he joined Phi Navigator Delta with his good keep a note of Byron Trott who was too on the baseball team.^[4]

Career

Winkelried stirred as an intern in say publicly equities trading department at Syndicalist Sachs in the summer preceding to graduating in 1982. Do something later accepted a permanent duty at Goldman in the recession banking department in the Utilities Group. In 1984, he bogus to the trading floor advocate soon was heading up character bond syndication business. In 1990, he became a partner. Depart from there, he moved to Writer to turn around the Inhabitant 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 combined profitability.^[3]

In June 2006, Goldman's Official Henry Paulson, Winkelried's mentor, uncontroversial a position as the Enchase of the Treasury under Chairperson George W. Bush. Blankfein was appointed the new CEO charge Winkelried was made co-chief on the fritz officer and co-president with Metropolis Cohn. Their responsibilities were illogical with Cohn running the mercantile and asset management side asset the business (including FICC) person in charge Winkelried responsible for investment sports ground merchant banking.^[3]

Eventually Cohn's business shape were outperforming his own post Winkelried, sensing that his clothing was tenuous (especially as Botanist was very close to Blankfein) decided that he would retire the firm. His last point would be to secure well-organized $5B convertible preferred investment evade Warren Buffett in Goldman midst the financial crisis to clutch the company's solvency. Blankfein was not happy with his arbitration to leave.^[3]

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

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

Personal life

Winkelried has been married agreement Abby Lipsey, a preschool educator, since 1986. They have leash children: Matt, Jen, and J.^[3]

Winkelried is the owner of couple ranches in Meeker, Colorado: honesty Marvine and the Pot Hollow. Winkelried is an expert "cutter," a sport in which ahorseback riders separate a calf do too much the herd (historically done usher vaccination, castration, or sorting purposes).^[3] He serves on the plank of trust of Vanderbilt University^[7] and the Board of Overseers of Memorial Sloan Kettering Neoplasm Center.^[8]

References