Richard S. Fuld, Jr.
From Wikipedia, the free encyclopedia
Richard Severin Fuld, Jr., (born April 26, 1946, New York, New York), known as "Dick", is currently the Chairman and Chief Executive Officer of Lehman Brothers Holdings Inc.
Fuld, received his BA B.S. from the University of Colorado in 1969 and his M.B.A. from New York University's Stern School of Business in 1973.
Nicknamed "The Gorilla" (for his tough-guy attitude) or the "Digital Mind Trader" (for spending so much time in front of his computer as a young trader, making machine-like decisions).
Known as a tough competitor, Fuld began his career with Lehman Brothers in 1969, the year the Firm's senior partner, Robert Lehman died and has never worked for another firm. Beginning as a commercial paper trader, Fuld rose through the organization taking increasingly senior roles. During his tenure, Fuld witnessed and participated in the numerous changes which the organization endured, including its merger with Kuhn, Loeb & Co, and its acquisition by American Express, merger with E.F. Hutton, and ultimate spin-off from American Express in 1994, as today's Lehman Brothers.
In recent years Fuld has ranked in the upper tier of executive compensation. Forbes Magazine lists Fuld as a billionaire, ranking him number 374 on its Forbes 400 list of richest American ([1]).
In 2006, Fuld was named #1 CEO in the Brokers & Asset Managers category, by Institutional Investor magazine.
In his spare time, Fuld has distinguished himself as a champion squash player. He is married to Kathleen Fuld, with a son and two daughters; the family lives in Greenwich, Connecticut.
In 2005 and 2006, ARTnews magazine featured the Fulds on its list of top 200 art collectors in the world, as defined by spending.
In 2004, he reportedly paid over $13 million for a home in Florida's Jupiter Island, formerly the most expensive zip code in the United States ([2]).
