Robert J. Birnbaum
American financial executive (1927–2021) / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Robert J. Birnbaum?
Summarize this article for a 10 year old
Robert Jack Birnbaum (September 3, 1927 – December 23, 2021) was an American financial executive who served as president of the American Stock Exchange and president of the New York Stock Exchange. He was the president of the NYSE during the Stock market crash of 1987, dubbed Black Monday. He contributed to the adoption of changes in the exchange's operations after the event, including circuit breakers as trade curbing mechanisms during periods of intense volatility. Birnbaum had earlier worked for the Securities Exchange Commission, where his studies recommended the introduction of the forerunner of the modern National Market System in securities trading.
Robert J. Birnbaum | |
---|---|
President of the New York Stock Exchange | |
In office May 6, 1985 – 1988 | |
Preceded by | John J. Phelan Jr. |
Succeeded by | Richard Grasso |
Personal details | |
Born | Robert Jack Birnbaum (1927-09-03)September 3, 1927 Bronx, New York, U.S. |
Died | December 23, 2021(2021-12-23) (aged 94) Boca Raton, Florida, U.S. |
Spouse(s) | Joy E. Birnbaum (d. 1990) Gloria J. Birnbaum |
Occupation | Wall Street executive, attorney |