First Jobs Of Top Executives
Lloyd Blankfein
Lloyd Blankfein was born to a Jewish family in the Bronx and raised in New York City. As a boy, Blankfein worked as a concession vendor at Yankee Stadium to earn some extra bugs and later went to received primary and secondary education in the public schools of the New York City Department of Education.
Before joining Goldman, Lloyd Blankfein worked for Proskauer Rose and then Donovan, Leisure, Newton & Irvine. In 1981, when he joined Goldman's commodities trading arm, J. Aron & Co., as a precious metals salesman in its London office.
He has served as Chairman and Chief Executive Officer of Goldman Sachs since 2006. And earned a total of $54.4 million in 2006. He was listed as one of the highest paid executives on Wall Street in the same year.
Blankfein bonus reflected the performance of Goldman Sachs, which reported record net earnings of $9.5 billion. The compensation itself included a cash bonus of $27.3 million, and the rest paid in stock and options. While CEO of Goldman Sachs Group in 2007, Blankfein earned a total compensation of $53,965,418, which included a base salary of $600,000, a cash bonus of $26,985,474,and stocks of $15,542,756 and options granted of $10,453,031.
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