Charles Hallac

Charles S. Hallac
BornCharles Shaul Hallac
(1964-10-20)October 20, 1964
Tel Aviv, Israel
DiedSeptember 9, 2015(2015-09-09) (aged 50)
New York City, US
Nationality (legal)American
EducationInternational School Manila
Alma materBrandeis University (1986)
OccupationBusiness executive
Years active1986-2015
Known forFirst employee of BlackRock
SpouseSarah Hallac
Children3
Awards"Asset Management Risk Manager of the Year" (2001)
Websitewww.blackrock.com/corporate/about-us/leadership/charlie-hallac

Charles Shaul Hallac (October 20, 1964 – September 9, 2015) was the co-president of BlackRock.

Biography

Early life and education

Charles Hallac was born in Tel Aviv and moved to the Philippines as a toddler. He grew up in a Jewish family. He graduated from International School Manila. He earned a Bachelor of Arts in economics and computer science from Brandeis University in 1986.

Career

From graduation until 1988, Hallac was an associate in the Mortgage Products Group at First Boston.

He joined BlackRock as its first employee at its inception in 1988 to build the technological and operational foundation of the firm. 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.

In 2009, Hallac became chief operating officer for BlackRock, serving until 2014.

Awards

In 2001, Hallac, with his colleague, Bennett Golub, received the "Asset Management Risk Manager of the Year" award from Risk Magazine.

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.

References

  1. ^ Willmer, Sabrina; Miller, Stephen (September 9, 2015). "Charles Hallac, BlackRock's Co-President, Dies at 50". Bloomberg News.
  2. ^ 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.
  3. ^ Stynes, Tess (September 9, 2015). "BlackRock Co-President Charles S. Hallac Dies". The Wall Street Journal.
  4. ^ Sender, Henny (September 9, 2015). "BlackRock executive Charles Hallac dies at 50". Financial Times.
  5. ^ 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.
  6. ^ Goldberg, Niva (September 10, 2015). "BlackRock Executive Charles Hallac Dies At 50". Jewish Business News.
  7. ^ a b "Charlie Hallac Biography (In Memoriam)". BlackRock.
  8. ^ a b "BlackRock Inc. Co-President Charles S. Hallac Passes Away" (Press release). Business Wire. September 9, 2015 – via BlackRock.
  9. ^ Toonkel, Jessica (September 9, 2015). "BlackRock co-president Charles Hallac dies". Reuters. Archived from the original on November 27, 2015.