John Gutfreund

John Gutfreund
Born
John Halle Gutfreund

(1929-09-14)September 14, 1929
DiedMarch 9, 2016(2016-03-09) (aged 86)
New York City, U.S.
Alma materOberlin College (BA)
Occupation(s)Investment banker, businessman and investor
EmployerSalomon Brothers
SpouseJoyce Low
Children4
Military career
Allegiance United States
Service / branch United States Army
Years of service1951-1953
Rank First lieutenant
UnitMilitary Police Corps
Battles / warsKorean War

John Halle Gutfreund[1] (14 September 1929 – 9 March 2016) was an American banker, businessman, and investor. He was the CEO of Salomon Brothers Inc., an investment bank that gained prominence in the 1980s. Gutfreund turned Salomon Brothers from a private partnership into a publicly traded corporation,[2] which started a trend in Wall Street for investment companies to go public.[3]

In 1985, Business Week gave him the nickname "King of Wall Street".[4]

  1. ^ pronounced "goodfriend"
  2. ^ Michael Lewis, The End, Portfolio.com, 11 November 2008
  3. ^ "Liars Poker II, Timesonline". Timesonline.co.uk. 2012-03-13. Retrieved 2012-07-24.[dead link]
  4. ^ "Ex-Salomon Chief's Costly Battle". The New York Times. August 19, 1994.