Jon Winkelried

Jon Winkelried (born c. 1959) is an American financial executive. He is currently the CEO of TPG. Previously, he served as the co-president of Goldman Sachs from 2006 to February 2009. He is known for suddenly retiring at the peak of his career at age 49 from Goldman Sachs. Early life and education Winkelried grew up in Millburn, New Jersey, the son of a Jewish father, Irwin, who managed local parking garages, and a mother who was a schoolteacher. He attended the University of Chicago where he earned both an undergraduate degree and an MBA and played baseball. While in school he joined Phi Gamma Delta with his good friend Byron Trott who was also on the baseball team. Career Winkelried worked as an intern in the equities trading department at Goldman Sachs in the summer prior to graduating in 1982. He later accepted a permanent job at Goldman in the investment banking department in the Utilities Group. In 1984, he moved to the trading floor and soon was heading up the bond syndication business. In 1990, he became a partner. From there, he moved to London to turn around the European side of Goldman's fixed-income, currency, and commodities division (known as FICC). He was made co-head of FICC with Lloyd Blankfein. FICC was returned to solid profitability. In June 2006, Goldman's CEO Henry Paulson, Winkelried's mentor, accepted a position as the Secretary of the Treasury under President George W. Bush. Blankfein was appointed the new CEO and Winkelried was made co-chief operating officer and co-president with Gary Cohn. Their responsibilities were divided with Cohn running the trading and asset management side of the business (including FICC) and Winkelried responsible for investment and merchant banking.