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For the American musician, see Michael Sherwood.

Michael Sherwood
BornJuly 1965
ResidenceLondon, UK
EducationWestminster School
Alma materUniversity of Manchester
OccupationBanker
Net worthGBP£185 million (2015)[1]
Spouse(s)Melanie Sherwood
Children2

Michael Sherwood, also known as Woody,[2] (born 1965) is a British banker. He served as the vice-chairman of Goldman Sachs and the co-chief executive officer of Goldman Sachs International until November 2016.

Contents

Early lifeEdit

Michael Sherwood was born in July 1965 in London.[3][4] His father was "the owner of a chemical company" and his mother was an academic.[5] He grew up in Highgate, North London.[3]

Sherwood was educated at the Westminster School.[6] He graduated from the University of Manchester, where he received a bachelor's degree in economics.[5][6]

CareerEdit

Sherwood started his career at Goldman Sachs in 1986.[5][6] He served as the co-chief executive officer of Goldman Sachs International from 2005 to November 2016.[7] Additionally, he served as the vice-chairman of Goldman Sachs from 2008 to November 2016.[7] He was succeeded in these two roles by Richard Gnodde.[8]

Sherwood acquired Smythson for GBP£16 million in 2005 and sold it for GBP£18 million in 2009.[6] He invested GBP£400,000 in Tottenham Hotspur F.C., a football club in Tottenham, London, in 2009.[6] He formerly served on the board of directors of Watford F.C., a football club in Watford near London.[6] Sherwood serves as a non-executive director of Rothesay Life, a life insurance company.[9]

Sherwood received a bonus of $15.8 million in shares in 2013, which was more than CEO Lloyd Blankfein's bonus.[10] He earned US$21 million in 2014.[11] By April 2015, he had an estimated wealth of GBP£185 million.[1]

Sherwood is opposed to Brexit.[12]

PhilanthropyEdit

Sherwood serves as the chairman of the Development Committee at his alma mater, the Westminster School.[13] He has donated to the Harefield Academy.[13] He serves on the board of trustees of Greenhouse Sports, a non-profit organisation which encourages children to play sports.[13] With his wife, Sherwood has made charitable contributions to the Jewish Museum London via their Melanie and Michael Sherwood Foundation.[14]

Personal lifeEdit

Sherwood is married to Melanie.[6] They reside near Regent's Park in central London with their two children.[6] Sherwood is Jewish.[12][15][16]

ReferencesEdit

  1. ^ a b "Sunday Times Rich List". The Sunday Times (page 72). 26 April 2015.
  2. ^ Braithwaite, Tom; Alloway, Tracy (7 November 2013). "Goldman repositions Sherwood in reshuffle". Financial Times. Retrieved 26 February 2016.
  3. ^ a b Mathiason, Nick (6 April 2008). "Winner in the battle of the bulges". The Guardian. Retrieved 26 February 2016.
  4. ^ Mathiason, Nick (6 April 2008). "Winner in the battle of the bulges". The Guardian. Retrieved 26 February 2016.
  5. ^ a b c Nisse, Jason (19 December 1993). "Profile: How Fat Mike became a million dollar baby: The huge bonuses handed to partners by Goldman Sachs have left the City gasping. Jason Nisse looks at a young beneficiary: Michael Sherwood". The Independent. Retrieved 26 February 2016.
  6. ^ a b c d e f g h "Profile: Michael Sherwood – the UK's golden Goldman boy". The Daily Telegraph. 19 November 2010. Retrieved 26 February 2016.
  7. ^ a b "Michael Sherwood, Vice Chairman". Goldman Sachs. Retrieved 26 February 2016.
  8. ^ Treanor, Jill (21 November 2016). "Michael Sherwood quits Goldman Sachs role". The Guardian. Retrieved 28 July 2017.
  9. ^ "Board of Directors: Michael Sherwood". Rothesay Life. Retrieved 26 February 2016.
  10. ^ Rushton, Katherine (19 January 2013). "Goldman Sachs top City banker Michael Sherwood receives $15.8m share bonus". The Daily Telegraph. Retrieved 26 February 2016.
  11. ^ "Michael S. Sherwood". Bloomberg Business. Retrieved 26 February 2016.
  12. ^ a b "Uncertainty of Brexit would be bad for business, say leading figures". The Jewish Chronicle. 25 February 2016. Retrieved 26 February 2016.
  13. ^ a b c "Trustees". Greenhouse Sports. Retrieved 26 February 2016.
  14. ^ "Our supporters". Jewish Museum London. Retrieved 26 February 2016.
  15. ^ Krieger, Candice (15 March 2012). "Striving to rediscover hunger will make successful start-ups". The Jewish Chronicle. Retrieved 26 February 2016.
  16. ^ https://www.thejc.com/lifestyle/features/striving-to-rediscover-hunger-will-make-successful-start-ups-1.32310