John Gutfreund | |
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Born | John Halle Gutfreund September 14, 1929 Scarsdale, New York, U.S. |
Died | March 9, 2016 New York City, U.S. | (aged 86)
Alma mater | Oberlin College (BA) |
Occupation(s) | Investment banker, businessman and investor |
Employer | Salomon Brothers |
Spouse | Joyce Low |
Children | 4 |
Military career | |
Allegiance | ![]() |
Service | ![]() |
Years of service | 1951-1953 |
Rank | ![]() |
Unit | Military Police Corps |
Battles / wars | Korean 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]