Israeli-American investor and businessman
Charles Shaul Hallac (October 20, 1964 – September 9, 2015) was the co-president of BlackRock .[ 1] [ 2] [ 3] [ 4] [ 5]
Biography
Early life and education
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
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
In 2001, Hallac, with his colleague, Bennett Golub, received the "Asset Management Risk Manager of the Year" award from Risk Magazine .[ 7]
Personal life
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
^ 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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