Harvey Schwartz

Harvey M. Schwartz (born 1964)[1] is an American businessperson, investor and philanthropist. He is the group chairperson and non-executive director of The Bank of London, a clearing and transaction bank.[2] He also serves on the board of SoFi, a San Francisco-based fintech company, and One Mind, a mental health and brain research nonprofit organization. Formerly, he served as the president and co-chief operating officer of Goldman Sachs until 2018.[3]

Harvey Schwartz
Born1964
EducationRutgers University
Columbia University (MBA)
OccupationBusinessperson, investor and philanthropist
Title

Early life and career

Schwartz was born in Morristown, NJ and graduated with a bachelor’s degree in economics from Rutgers University in 1987.[1]

He started his career at J. B. Hanauer & Co., and then moved to First Interregional Equity Corporation. In 1989, Schwartz joined Citigroup, where he worked in the firm's credit training program and developed a specialty in structuring commodity derivatives.

Schwartz received his MBA in 1996 from Columbia Business School,[4] and joined Goldman Sachs (NYSE:GS) in 1997 as a vice president in its commodities trading business, J. Aron & Co., which the investment bank acquired in 1981.[5] At Goldman Sachs, he held several senior executive leadership roles overseeing sales and trading, finance, technology and operations. He served as the firm’s chief financial officer beginning in 2012 and president and co-COO starting in 2016. He retired from Goldman Sachs in 2018.[6][7]

Schwartz joined the board of directors of SoFi Technologies Inc. (NASDAQ:SOFI) as the company became public in early 2021.[8] In November 2021, Schwartz assumed the role of group chairperson and non-executive director of The Bank of London. The Bank of London is a privately held global company with a $1.1bn valuation, which provides clearing, agency, and transaction banking services.[9][2] Schwartz sits on the board of One Mind, a research and mental health advocacy nonprofit organization.[10]

Schwartz supported Democratic presidential candidate Joseph Biden in the 2020 U.S. presidential election by contributing at least $100,000 to the Biden Action Fund.[11]

References
  1. Kelly, Kate (22 November 2017). "Inside the Race for the Top Job on Wall Street". The New York Times.
  2. Clarke, Paul (November 30, 2021). "Former Goldman Sachs exec Schwartz to chair new clearing bank". fnlondon.com.
  3. "Goldman Sachs - Executive Officers - Harvey M. Schwartz". Archived from the original on 2016-12-16. Retrieved 2017-02-01.
  4. "From Rutgers grad to Goldman Sachs CFO, Harvey Schwartz unfazed by Wall Street's darkest days". Bloomberg News. October 9, 2012. Retrieved March 9, 2018.
  5. Maidenberg, H. j (30 October 1981). "Goldman Sachs buys Big Commodity Dealer". The New York Times.
  6. "Schwartz Shrugged Off Black Monday in Rise to Goldman CFO" – via www.bloomberg.com.
  7. "Goldman Sachs Shakes Up Its Executive Ranks After Gary Cohn Departs For Trump Administration".
  8. Staff (May 28, 2021). "SoFi Completes Combination With SPAC Social Capital Hedosophia". MarketWatch.
  9. Staff (30 November 2021). "The Bank of London Opens Doors at $1B Valuation". pymnts.com.
  10. "One Mind Welcomes Two Members to Board of Directors". One Mind. 19 May 2021.
  11. Schwartz, Brian (26 October 2020). "Former Goldman Sachs president Harvey Schwartz makes late big donation to Joe Biden". CNBC.


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