Michael Sherwood
Quick Facts
Biography
For the American musician, see Michael Sherwood.
Michael Sherwood, also known as Woody, (born 1965) is a British banker. He serves as the vice chairman of Goldman Sachs and the co-chief executive officer of Goldman Sachs International.
Early life
Michael Sherwood was born in July 1965 in London. His father was "the owner of a chemical company" and his mother was an academic. He grew up in Highgate, North London.
Sherwood was educated at the Westminster School. He graduated from the University of Manchester, where he received a bachelor's degree in economics.
Career
Sherwood started his career at Goldman Sachs in 1986. He has served as the co-chief executive officer of Goldman Sachs International since 2005. Additionally, he has served as the vice chairman of Goldman Sachs since 2008.
Sherwood acquired Smythson for GBP£16 million in 2005 and sold it for GBP£18 million in 2009. He invested GBP£400,000 in Tottenham Hotspur F.C., a football club in Tottenham, London, in 2009. He formerly served on the board of directors of Watford F.C., a football club in Watford near London. Sherwood serves as a non-executive director of Rothesay Life, a life insurance company.
Sherwood received a bonus of $15.8 million in shares in 2013, which was more than CEO Lloyd Blankfein's bonus. He earned US$21 million in 2014. By April 2015, he had an estimated wealth of GBP£185 million.
Sherwood is opposed to Brexit.
Philanthropy
Sherwood serves as the chairman of the Development Committee at his alma mater, the Westminster School. He has donated to the Harefield Academy. He serves on the board of trustees of Greenhouse Sports, a non-profit organisation which encourages children to play sports. With his wife, Sherwood has made charitable contributions to the Jewish Museum London via their Melanie and Michael Sherwood Foundation.
Personal life
Sherwood is married to Melanie. They reside near Regent's Park in central London with their two children. Sherwood is Jewish.