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	<title>New Executive Leadership &#187; Goldman Sachs</title>
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		<title>Goldman Chooses Ryan to be New Investment Bank Co-head</title>
		<link>http://www.newexecutiveleadership.com/2010/07/goldman-chooses-ryan-to-be-new-investment-bank-co-head/</link>
		<comments>http://www.newexecutiveleadership.com/2010/07/goldman-chooses-ryan-to-be-new-investment-bank-co-head/#comments</comments>
		<pubDate>Wed, 28 Jul 2010 17:55:30 +0000</pubDate>
		<dc:creator>guest</dc:creator>
				<category><![CDATA[Corporate News]]></category>
		<category><![CDATA[david ryan]]></category>
		<category><![CDATA[Goldman Sachs]]></category>

		<guid isPermaLink="false">http://www.newexecutiveleadership.com/?p=866</guid>
		<description><![CDATA[The global investment banking and securities firm Global Sachs Group Inc has chosen David Ryan to be Asia’s new co-head of investment banking. Ryan will be taking over the position of Ravi Sinha, who has worked for the company for more than 20 years and is set to step down as a partner.]]></description>
			<content:encoded><![CDATA[<p>The global investment banking and securities firm <a href="http://en.wikipedia.org/wiki/Goldman_Sachs">Global Sachs Group Inc</a> has chosen David Ryan to be Asia’s new co-head of investment banking. Ryan will be taking over the position of Ravi Sinha, who has worked for the company for more than 20 years and is set to step down as a partner.</p>
<p>A Singapore partner, <a href="http://www.bloomberg.com/apps/news?pid=newsarchive&#038;sid=ax.ZJym2GTos">David Ryan will share his new position with Mark Machin</a>, who is based in Beijing. Sinha, who will retire in June, will end his work as a partner and will become an advisory director after his retirement.</p>
<p>Headquartered in New York, Goldman Sachs was one of the biggest share sales arrangers in the region from 2002 to 2006. As for mergers and acquisitions, the company claimed the number one spot this 2010 in Asia, excluding Japan, up from the sixth spot in 2009. Goldman also climbed a couple of notches in the list of banks that arranges US, euro and yen-dominated bond sales, from being ranked 10th last year to being eighth this year.</p>
<p>David Ryan, 40, entered the investment banking component of Goldman in 1992 and led the financing group in Asia, starting from 2005 up to 2007. In 2008, he moved to Singapore when he became Southeast Asia chairman, a role he will keep in addition to the new title.</p>
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		<title>Lloyd Blankfein Receives a $9 Million Bonus</title>
		<link>http://www.newexecutiveleadership.com/2010/04/lloyd-blankfein-receives-a-9-million-bonus/</link>
		<comments>http://www.newexecutiveleadership.com/2010/04/lloyd-blankfein-receives-a-9-million-bonus/#comments</comments>
		<pubDate>Tue, 13 Apr 2010 16:16:29 +0000</pubDate>
		<dc:creator>guest</dc:creator>
				<category><![CDATA[Corporate News]]></category>
		<category><![CDATA[Executive Bonuses]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Jamie Dimon]]></category>
		<category><![CDATA[JP Morgan]]></category>
		<category><![CDATA[Lloyd Blankfein]]></category>

		<guid isPermaLink="false">http://www.newexecutiveleadership.com/?p=820</guid>
		<description><![CDATA[The Board of Goldman Sachs distributed 58,381 restricted shares worth $8.99 million to Chairman and Chief Executive Lloyd Blankfein. Chief Operating Officer Gary Cohn and Chief Financial Officer David Viniar were also offered the same amount. Blankfein’s whole share bonus is considerably less than the $67.9 million he was rewarded in 2007.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7170394/Goldman-Sachs-chief-executive-Lloyd-Blankfein-awarded-9m-bonus.html">The Board of Goldman Sachs distributed 58,381 restricted shares</a> worth $8.99 million to Chairman and Chief Executive <a href="http://en.wikipedia.org/wiki/Lloyd_Blankfein ">Lloyd Blankfein</a>. Chief Operating Officer Gary Cohn and Chief Financial Officer David Viniar were also offered the same amount. Blankfein’s whole share bonus is considerably less than the $67.9 million he was rewarded in 2007. A Goldman spokesperson stated, “The board was mindful of that difficult environment in making decisions about executive compensation.”</p>
<p>Just a few hours before, JP Morgan’s chairman <a href="http://en.wikipedia.org/wiki/Jamie_Dimon">Jamie Dimon</a> was awarded with $8 million of restricted shares, which will start vesting in 2012, and an additional $8.1 million in long-dated alternatives. Dimon, whose bank accrued an $11.7 billion in income in 2009, did not collect a bonus for 2008. A JP Morgan spokesperson explained that the bank’s board can lengthen the vesting dates on Jamie Dimon’s entire 2009 bonus at any time and cited he must hold on to 75% of it while he stays at the bank.</p>
<p><strong>About Goldman Sachs’ Lloyd Blankfein:</strong></p>
<p>Born on the 20th of September 1954, <a href="http://www.nndb.com/people/045/000117691/">Lloyd Craig Blankfein</a> is the current Chief Executive Officer and Chairperson of Goldman Sachs. After the May 31, 2006 selection of past CEO Hank Paulson as Secretary of the Treasury, Blankfein was proclaimed as his successor. He is also the Gala Chair of the <a href="http://en.wikipedia.org/wiki/Asia_Society">Rockefeller family&#8217;s Asia Society</a> in New York. Blankfein works on the Board of Overseers at Weill Cornell Medical College and the board of the Robin Hood Foundation, a philanthropic institute aiming to ease poverty in New York.</p>
<p>Blankfein donated at least $7000 to Democratic Party entrant Hillary Clinton in 2008. On April 7, 2009, Blankfein suggested instructions to refurbish executive reimbursement. Blankfein opined in the <em>New York Times</em> that one of the lessons driven home by the global recession was the implementation of basic standards on how the industry compensates people with pivotal posts.</p>
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