Charles Hallac

Charles Shaul Hallac (October 20, 1964 – September 9, 2015) was the co-president of BlackRock.^{[1][2][3][4][5]}

Charles S. Hallac
Born	Charles Shaul Hallac (1964-10-20)October 20, 1964 Tel Aviv, Israel
Died	September 9, 2015(2015-09-09) (aged 50) New York City, US
Nationality	American
Education	International School Manila
Alma mater	Brandeis University (1986)
Occupation	Business executive
Years active	1986-2015
Known for	First employee of BlackRock
Spouse	Sarah Hallac
Children	3
Awards	"Asset Management Risk Manager of the Year" (2001)
Website	www.blackrock.com/corporate/about-us/leadership/charlie-hallac

Biography

Early life and education

Charles Hallac was born in Tel Aviv and moved to the Philippines as a toddler.^[2] He grew up in a Jewish family.^[6] He graduated from International School Manila.^[2] He earned a Bachelor of Arts in economics and computer science from Brandeis University in 1986.^[2]

Career

From graduation until 1988, Hallac was an associate in the Mortgage Products Group at First Boston.^[7]

He joined BlackRock as its first employee at its inception in 1988 to build the technological and operational foundation of the firm.^[5][8] 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.^[5]

In 2009, Hallac became chief operating officer for BlackRock, serving until 2014.^[8]

Awards

In 2001, Hallac, with his colleague, Bennett Golub, received the "Asset Management Risk Manager of the Year" award from Risk Magazine.^[7]

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.^[2][9]