Anthony noto goldman sachs biography

The online bank and fintech firm launched in focused solely on student loans and in the following years expanded its offerings, achieved milestones, and faced serious setbacks. The reaction was a mix of surprise and puzzlement, which was understandable, since at that point, no online bank was even close. But fast-forward to the start of this year, when SoFi announced its first quarter of profitability; then came its third consecutive quarter in the black, in July. Noto has made a career of thinking big.

Anthony Noto

American businessman

Anthony Noto (born 2 May ) is an American businessman and the CEO of SoFi. Previously, he was a managing director at Goldman Sachs, CFO of the National Football League, COO of Twitter,[2] and head of Twitter Ventures.[3]

Early experience and education

Anthony Noto is the son of Roseanne Niet (who died in ) and George Noto Sr.

He has two siblings, George Noto and Thomas Noto. His brother Thomas died in He has 5 children with his wife, Kristin Noto. Noto graduated from Franklin D. Roosevelt High School in Hyde Park, New York. He attended the United States Military Academy at West Point, where he was a star linebacker on the football team, earning All-East and Academic All-American honors.

Anthony Noto's life story is one of the most inspiring journeys of any CEO — or anyone, for that matter. Starting in the military, his career took numerous twists and turns before he eventually became CEO of the fintech company SoFi in Join us as we explore his story, his achievements at SoFi, and the challenges that lie ahead. Army, where he rose to the rank of Captain before transitioning to the private sector.

In , Noto was the highest-ranked mechanical engineering major in his graduating class.[4] After graduating from Army Ranger School at Fort Benning, Noto served as a Communications Officer with the 24th Infantry Division in Fort Stewart, Georgia.[4]

After serving in the military, Noto attended business school at the University of Chicago, while active at Kraft Foods as a brand manager, and later received an MBA from the Wharton School of Business in [4]

Career

Goldman Sachs and NFL

Noto joined Goldman Sachs in and was voted the top analyst by Institutional Investor magazine for research on the Internet industry.[5] Noto led the firm’s communications, media and entertainment research team at Goldman Sachs.

He became a managing director in , and a partner in [6]

On 24 February , Noto took over the job of CFO for the National Football League, a position left vacant since former CFO, Barbara Kaczynski, left in February [5] Noto held the position until October , but left just prior to the negotiations which led up to the lockout.

He returned to Goldman Sachs in October as the co-head of Goldman’s global media group.[7] In , Noto helped the company win the role of lead underwriter for Twitter's initial public offering.[8] Noto would work as the main banker dealing with Twitter.[9]

Coatue and Twitter

In May , Noto announced that he would be leaving Goldman Sachs to join the Unused York-based hedge fund Coatue Organization LLC.[10] However, on 1 July , Twitter CEO Dick Costolo announced that Noto would connect Twitter as the company's CFO.[11] The two men built a good relationship the previous year when Noto managed Twitter's account while at Goldman Sachs.[9]

SoFi

On January 20, , it was confirmed that Noto was leaving Twitter to become the CEO of SoFi (Social Finance, Inc.).[12][13] In , Noto closed a year naming rights deal with the Los Angeles Rams and Los Angeles Chargers; the stadium was named SoFi Stadium and hosted Super Bowl LVI.[14] Noto initiated the firm’s IPO in June ,[15] trading at $&#;billion.[16] Noto oversaw SoFi's purchase of Galileo Financial Services in , Technisys SA in and Wyndham Capital Mortgage in [17][18]

References

  1. ^"Anthony Joseph Noto".

    West Point Association of Graduates.

    This net worth evaluation does not reflect any other assets that Mr. Noto may have. Additionally, Mr. Learn More about Anthony Noto's net worth.

    Retrieved April 21,

  2. ^"Company Appoints Anthony Noto as COO". Retrieved November 9,
  3. ^Hughes, Chase (March 27, ). "Twitter's New Venture Capital Fund". Retrieved March 27, [permanent dead link&#;]
  4. ^ abcHyland, Tim (September 1, ).

    "The NFL's Wealth Man". Wharton Magazine. Retrieved November 30,

  5. ^ abTaub, Stephen (January 16, ). "NFL Taps Goldman Partner as CFO". CFO Magazine.

    Retrieved November 30,

  6. ^Rao, Leena (April 19, ). "Goldman Sachs' Anthony Noto Will Talk Technology Investments At Disrupt NY". TechCrunch. Retrieved November 30,
  7. ^La Confora, Jason (September 20, ).

    "NFL will negotiate with players' union minus CFO Noto". . Retrieved November 30,

  8. ^Arash Massoudi; Tracy Alloway (September 13, ). "Goldman Sachs wins prime role in Twitter IPO". Financial Times. Retrieved April 1,
  9. ^ abGelles, David (October 3, ).

    Who is the CEO of SoFi? Anthony Noto’s Bio - Clay: Anthony Noto (born 2 May ) is an American businessman and the CEO of SoFi. Previously, he was a managing director at Goldman Sachs, CFO of the National Football League, COO of Twitter, [2] and chief of Twitter Ventures. [3].

    "Goldman Banker With Year's Top Tech Quarry". The New York Times. Retrieved November 30,

  10. ^Steinberg, Julie (May 13, ). "Top Goldman Sachs Tech Banker to Quit Firm".

    He joined Goldman Sachs in , was named spouse in , and served as the head of communications media and Internet equity research. Before returning to Goldman, Anthony spent almost three years as head financial officer of the National Football League.

    The Wall Highway Journal. Retrieved November 30,

  11. ^Molina, Brett (July 1, ). "Former-NFL CFO to help run Twitter IPO". USA Today. Retrieved November 30,
  12. ^Rudegeair, Peter (January 20, ).

    Anthony Noto is the CEO of SoFi and serves on its board of directors. Before joining SoFi, he served as chief operating officer of Twitter since November , and as its chief financial officer when joining the company in July

    "SoFi Offers CEO Spot to Twitter Executive Anthony Noto". The Wall Street Journal. The New York Times, Brand-new York City, United States. Retrieved January 21,

  13. ^"Top Twitter executive leaves to join SoFi".

    BBC News. February 27, Retrieved February 27,

  14. ^Beachamap, Greg (September 15, ). "SoFi Stadium: Naming rights sold for Los Angeles' brand-new arena". AP News.
  15. ^Smith, Page (June 30, ).

    ExecAtlas delivers executive intelligence and relationship mapping for more than three million executives. Prior to SoFi, he served at Twitter, Inc. Prior to Twitter, Inc. Noto brings demonstrated experience leading innovative technology companies in significant and strategic acquisitions and a deep understanding of the media, technology, and internet industries.

    "SoFi Once Billed Itself as the Anti-Bank. Now It's Going Mainstream". Bloomberg.

  16. ^Franklin, Joshua; Sen, Anirban; Hu, Krystal (January 7, ). "Online lender SoFi to go public through merger with Palihapitiya-backed SPAC".

    Reuters.

  17. ^Irrera, Anna (April 7, ). "Student lender SoFi to acquire Galileo Financial Technologies for $ billion". Reuters.
  18. ^Rudegeair, Peter (February 22, ). "SoFi to Buy Banking-Infrastructure Firm Technisys for About $ Billion".

    The Wall Street Journal.