Michele burns goldman sachs

Michele burns goldman sachs

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M. Michele Burns, who has previously worked on the boards of Goldman Sachs, Wal-Mart Stores, Cisco Systems, and Orbitz, as well as being the chief financial officer of Delta Air Lines, Marsh & McLennan, and Mercer, will join Circle’s board of directors. Burns, who is currently employed by Marsh & McLennan, will be instrumental in helping Circle develop a financial network that will be able to serve customers and companies on a global scale.
Circle founder, chairman, and chief executive officer Jeremy Allaire said, “Michele Burns’ experience as a CFO and Director of significant global consumer, financial, and technology companies will be instrumental in helping Circle create a world class financial institution.” “Michele provides a unique perspective on what it takes to develop and run a trusted, multinational financial services firm as chair of the Audit Committee at Goldman Sachs.”
Circle also announced the establishment of an executive advisory board and the naming of the board’s first two members. Michael Barrett, a former PayPal chief information security officer and American Express vice president of security, has joined the company’s advisory board. Barrett was named the “Information Security Executive of the Year” by Tech Exec Network in 2010. Michael will collaborate with Circle’s leadership team to create and incorporate information management plans and best practices for the company’s future products and services.

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Burns joined Marsh & McLennan Cos as executive director of a newly created retirement policy center in October 2011.

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[nine] Burns previously served as the chairman and CEO of Mercer, a Marsh & McLennan subsidiary.
In September 2006, Burns was appointed chair and CEO of Mercer, a subsidiary of Marsh & McLennan Companies. On March 1, 2006, she joined Marsh & McLennan as Executive Vice President and was appointed Chief Financial Officer at the end of the month. [eight]
Given the controversy surrounding her departure from her previous position as CFO of Mirant Corporation, the irony of Burns heading a unit that “advises corporations on how much to pay their top officers” was noted by the New York Times upon her appointment as CEO of Mercer.
[nine] “It should be remembered that Ms. Burns’ former employer, the Mirant Corporation, left a variety of shareholders, creditors, and staff dissatisfied about the sum she was paying when the firm was in bankruptcy reorganization.” [nine]
Burns served as Executive Vice President and Chief Financial Officer at Mirant, an Atlanta-based energy firm, for 20 months before becoming Chief Restructuring Officer as the company went through Chapter 11 bankruptcy. According to the New York Times, Burns was paid $4.1 million while at Mirant and another $4.1 million in severance.

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Lloyd C. Blankfein, Gary D. Cohn, David A. Viniar, Gregory K. Palm, and Elizabeth E. Robinson, and each of them (so long as each is an employee of The Goldman Sachs Group, Inc. or an affiliate of The Goldman Sachs Group, Inc.), are created and appointed as his or her true and lawful attorney-in-fact and agent, with full and many power of substitution, for him or her and i.

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Martha Michele Burns is an American businesswoman who was born in Georgia in February 1958.

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[1] Between 2006 and 2011, she served as Chairman and CEO of Mercer and served on the boards of many large American corporations, including Cisco Systems, Wal-Mart, and Goldman Sachs.

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[1] She served as a Senior Tax Partner for Arthur Andersen from 1981 to 1999.

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[1][3][4][5][1][3][4][5] From 1999 to 2000, she was Vice President of Corporate Tax at Delta Air Lines, and from 2000 to 2004, she was Executive Vice President and Chief Financial Officer. [1][3][4][5][6][1][3][4][5][6] She was Mirant’s EVP, CFO, and restructuring officer from 2004 to 2006. [1][3][4][6][1][3][4][6]
She was Executive Vice President and Chief Financial Officer of Marsh & McLennan and Chairman and CEO of Mercer from 2006 to 2011.
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[3][4][5][6][7][3][4][5][6][7] She is a member of the Cisco Systems Board of Directors. [1][2][4][5][7][8][1][2][2][4][5][7][8] She served on the boards of Wal-Mart, Goldman Sachs, Orbitz, and Worldspan previously. [1] She is a Democratic Party member. [1] She has donated to EMILY’s List and has endorsed Al Gore and Hillary Clinton. [1] She is a member of the Atlanta Symphony Orchestra’s Board of Trustees and the Elton John AIDS Foundation’s Board of Trustees, where she acts as Treasurer. [1][2][5][9][1][2][5][9][1][2][ She made $4,648,029.00 in 2010. [number six]

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