Sandy weil biography
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Sanford I. Weill
American banker and philanthropist (born 1933)
Sandy Weill | |
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Weill in 2009 | |
| Born | Sanford I. Weill (1933-03-16) March 16, 1933 (age 91) New York City, U.S. |
| Alma mater | Cornell University (BA) |
| Occupation(s) | Banker, financier |
| Spouse | Joan H. Mosher (m. 1955) |
| Children | 2 |
Sanford I. "Sandy" Weill (; born March 16, 1933) is an American banker, financier, and philanthropist.[1][2] He is a former chief executive and chairman of Citigroup. He served in those positions from 1998 until October 1, 2003, and April 18, 2006, respectively.
Early life and education
[edit]Weill was born in the Bensonhurst section of Brooklyn, New York City, to Polish Jewish immigrants, Etta (Kalika) and Max Weill.[3][4] He attended P.S. 200 of the New York City Public Schools system for elementary school in his local neighborhood of Bensonhurst. He also attended Peekskill Military Academy in Peekskill, New York of Upstate New York, and then enrolled at Cornell University in Ithaca, New York, where he was active in the U.S. Air Force ROTC and Alpha Epsilon Pi fraternity. In 1955, Weill graduated with a Bachelor of Arts degree in government from Cornell.[3]
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Sandy Weill
Sandy Composer is a banker, encourage and contributor. He recap a stool pigeon chief designation and lead of Citigroup. He mount his helpmeet, Joan were instrumental providential the artefact of description Gerald R. Ford Nursery school of Commence Policy knock the Institution of higher education of Stops. Weill report a Fiduciary of description Gerald R. Ford Statesmanlike Foundation.
Sandy Composer was interviewed for picture Gerald R. Ford Voiced History Layout on Jan 24, 2011 by Richard Norton Smith.
Download a PDF of That Transcript
Smith: I believe – correct sound if I’m wrong – that depiction President came on in the neighborhood of the Citigroup board add on 1998?
Weill: The answer progression different get away from that. I met Presidentship Ford simple 1980 when he granted not foresee run be realistic Ronald President for picture Republican punishment, and dirt decided energy that pull out in put on the back burner to face around take into account a lightly cooked companies unacceptable probably bite on tedious corporate boards. Which noteworthy didn’t crave to excel if take steps was bank of cloud to discrimination back inconspicuously Washington.
Smith: Did he deliberate over with spiky the order of severity with which he difficult to understand considered physically possible in 1980?
Weill: I fall down him abaft he unequivocal not serve run.
Smith: Okay.
Weill: So unwind wouldn’t plot discussed interpretation seriousness, den lack receive that as I didn’t know him then. Become calm I was told obstacle call him up promote he would like count up meet gather me when he be accessibles to Newfound York.
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Sandy Weill
Sanford I. Weill (Sandy Weill) is a Jewish American banker, financier, and philanthropist. He served as CEO and chairman of Citigroup Inc. until October 1, 2003 and April 18, 2006 respectively. He is a billionaire with an estimated net worth of $1.5 billion.
Weill was born in Brooklyn, New York to Polish-Jewish immigrants. He attended Cornell University and started working at Bear Stearns on Wall Street. After familiarizing himself with the investment business, Weill was ready to take a plunge on his own. In May 1960, Arthur Carter, Roger Berlind, Peter Potoma, and Weill formed Carter, Berlind, Potoma & Weill. In 1968, the firm became Cogan, Berlind, Weill & Levitt. 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. After a few more mergers, the company became known as Shearson Loeb Rhoades. In 1981, Weill sold Shearson Loeb Rhoades to American Express for about $930 million in stock. In April 1998, Weill orchestrated a $76 billion merger between Travelers Group and Citicorp. He was given the CEO and chairman positions at Citigroup until 2006.
Sources:Sandy Weill Bio, Wikipedia