David Viniar
Encyclopedia
David A. Viniar has been Executive V.P. and CFO
at Goldman Sachs
since 1999. He is Cuban-American with both of his parents being born in Cuba.
, earning an MBA in 1980. After receiving the MBA, Viniar joined Goldman Sachs
where he has remained since. He became a partner
in 1992, a managing director in 1996 and executive vice president and chief financial officer in 1999. He has been the head of Operations, Technology, Finance and Services Division since December 2002.
Viniar headed the Finance Division and co-head of Credit Risk Management and Advisory and Firmwide Risk from December 2001 to December 2002. He co-headed Operations, Finance and Resources from March 1999 to December 2001. He was CFO of the Goldman Sachs Group, L.P. from March 1999 to May 1999. From July 1998 until March 1999, he was Deputy Chief Financial Officer and from 1994 until July 1998, he was head of Finance, with responsibility for Controllers and Treasury. From 1992-94, he was head of Treasury and prior to that was in the Structured Finance Department of Investment Banking.
and is a member of the Board of Trustees of both Children's Aid and Family Services and the Financial Accounting Foundation
.
Chief financial officer
The chief financial officer or Chief financial and operating officer is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management...
at Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
since 1999. He is Cuban-American with both of his parents being born in Cuba.
Biography
A 1972 alumnus of The Bronx High School of Science, Viniar graduated from Union College, New York in 1976. He then attended Harvard Business SchoolHarvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
, earning an MBA in 1980. After receiving the MBA, Viniar joined Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
where he has remained since. He became a partner
Partner (business rank)
A partner in a law firm, accounting firm, consulting firm, or financial firm is a highly ranked position. Originally, these businesses were set up as legal partnerships in which the partners were entitled to a share of the profits of the enterprise. The name has remained even though many of these...
in 1992, a managing director in 1996 and executive vice president and chief financial officer in 1999. He has been the head of Operations, Technology, Finance and Services Division since December 2002.
Viniar headed the Finance Division and co-head of Credit Risk Management and Advisory and Firmwide Risk from December 2001 to December 2002. He co-headed Operations, Finance and Resources from March 1999 to December 2001. He was CFO of the Goldman Sachs Group, L.P. from March 1999 to May 1999. From July 1998 until March 1999, he was Deputy Chief Financial Officer and from 1994 until July 1998, he was head of Finance, with responsibility for Controllers and Treasury. From 1992-94, he was head of Treasury and prior to that was in the Structured Finance Department of Investment Banking.
Senate Testimony
Viniar testified in front of the Senate Permanent Subcommittee on Investigations on Tuesday, April 27, 2010 regarding the role of investment banks in the financial crisis that began in 2007 and, specifically, the role of Goldman Sachs in that crisis.Affiliations
David Viniar serves on the Board of Trustees of Union CollegeUnion College
Union College is a private, non-denominational liberal arts college located in Schenectady, New York, United States. Founded in 1795, it was the first institution of higher learning chartered by the New York State Board of Regents. In the 19th century, it became the "Mother of Fraternities", as...
and is a member of the Board of Trustees of both Children's Aid and Family Services and the Financial Accounting Foundation
Financial Accounting Foundation
The Financial Accounting Foundation is located in Norwalk, Connecticut. It was organized in 1972 as a non-stock, Delaware Corporation. It is an independent, organization in the private sector...
.