Charles Hallac
Charles S. Hallac | |
|---|---|
| Born | Charles Shaul Hallac October 20, 1964 Tel Aviv, Israel |
| Died | September 9, 2015 (aged 50) New York City, US |
| Nationality | American |
| Education | International School Manila |
| Alma mater | Brandeis University (1986) |
| Occupation | Business executive |
| Years active | 1986-2015 |
| Known for | First employee of BlackRock |
| Spouse | Sarah Hallac |
| Children | 3 |
| Awards | "Asset Management Risk Manager of the Year" (2001) |
| Website | www |
Charles Shaul Hallac (October 20, 1964 – September 9, 2015) was the co-president of BlackRock.[1][2][3][4][5]
Biography
[edit]Early life and education
[edit]Charles Hallac was born in Tel Aviv and moved to the Philippines as a toddler.[2] He grew up in a Jewish family.[6] He graduated from International School Manila.[2] He earned a Bachelor of Arts in economics and computer science from Brandeis University in 1986.[2]
Career
[edit]From graduation until 1988, Hallac was an associate in the Mortgage Products Group at First Boston.[7]
He joined BlackRock as its first employee at its inception in 1988 to build the technological and operational foundation of the firm.[5][8] He purchased the first computer for the firm and created the Aladdin system and was a co-founder of BlackRock Solutions which he ran until 2009.[5]
In 2009, Hallac became chief operating officer for BlackRock, serving until 2014.[8]
Awards
[edit]In 2001, Hallac, with his colleague, Bennett Golub, received the "Asset Management Risk Manager of the Year" award from Risk Magazine.[7]
Personal life
[edit]Charles Hallac lived with his wife and their three children in Scarsdale, New York. He died on September 9, 2015, aged 50, at Memorial Sloan-Kettering Cancer Center, four years after being diagnosed with colorectal cancer.[2][9]
References
[edit]- ^ Willmer, Sabrina; Miller, Stephen (September 9, 2015). "Charles Hallac, BlackRock's Co-President, Dies at 50". Bloomberg News.
- ^ a b c d e Thomas Jr., Landon (September 9, 2015). "Charles S. Hallac, Co-President of BlackRock, Dies at 50". The New York Times.
- ^ Stynes, Tess (September 9, 2015). "BlackRock Co-President Charles S. Hallac Dies". The Wall Street Journal.
- ^ Sender, Henny (September 9, 2015). "BlackRock executive Charles Hallac dies at 50". Financial Times.
- ^ a b c Bird, Mike (September 10, 2015). "The man who built BlackRock's 'central nervous system' and turned it into a $4.7 trillion colossus has died". Business Insider.
- ^ Goldberg, Niva (September 10, 2015). "BlackRock Executive Charles Hallac Dies At 50". Jewish Business News.
- ^ a b "Charlie Hallac Biography (In Memoriam)". BlackRock.
- ^ a b "BlackRock Inc. Co-President Charles S. Hallac Passes Away" (Press release). Business Wire. September 9, 2015 – via BlackRock.
- ^ Toonkel, Jessica (September 9, 2015). "BlackRock co-president Charles Hallac dies". Reuters. Archived from the original on November 27, 2015.
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