Harvey Schwartz
Harvey Schwartz | |
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| File:Harvey Schwartz.jpg | |
| Born | Template:Birth year and age |
| Education | Rutgers University, New Brunswick (BA) Columbia University (MBA) |
| Title | CEO of The Carlyle Group Former Group Chairman and Non-executive Director of The Bank of London Former President and co-Chief Operating Officer of Goldman Sachs |
Harvey M. Schwartz (born 1964) is an American executive currently serving as CEO of The Carlyle Group, recognized as the sixth-largest private equity firm worldwide. His tenure at Goldman Sachs spanned from 1997 until 2018, during which he progressed from chief financial officer to president and co-chief operating officer.
Early life and education
A native of Morristown, New Jersey, Schwartz earned his bachelor's degree in economics from Rutgers University in 1987. He later completed an MBA at Columbia Business School in 1996.
Career
Schwartz launched his professional journey at J. B. Hanauer & Co. in 1987, followed by a position at First Interregional Equity Corporation. In 1989, he joined Citigroup, focusing on structuring commodity derivative products. He entered Goldman Sachs in 1997 as vice president within J. Aron & Co.’s commodities trading division and advanced through various senior roles encompassing sales, trading, finance, technology, and operations. Appointed CFO of Goldman Sachs in 2012, he was elevated to president and co-chief operating officer in 2016 alongside David M. Solomon. Schwartz retired in 2018 before Solomon assumed the CEO role succeeding Lloyd Blankfein.
In early 2021, Schwartz joined SoFi Technologies’ board coinciding with its public listing, stepping down in 2024. Subsequently that year, he was appointed group chairman and non-executive director at The Bank of London, a global clearing and transaction banking firm valued at $1.1 billion; he departed these positions in October 2024. Additionally, he holds a board seat with One Mind, a nonprofit organization dedicated to mental health advocacy.
Schwartz made a notable contribution to Joe Biden’s 2020 presidential campaign.
On February 15, 2023, following a six-month selection process by its board, Schwartz was named CEO of The Carlyle Group. His total compensation for that year amounted to $187 million, ranking him as the second highest-paid CEO in the United States and reflecting a CEO-to-median employee pay ratio of 813-to-1.