CIO joined Goldman a week after cleaning out toilets

Public Toilet

For Marty Chavez, the decision to return to Goldman Sachs came after a week cleaning toilets.

Fortune magazine reports that Chavez, 49, is the firm's CIO, but that doesn't begin to tell his story.

He's part tech pooh-bah, part guru, and the newest member of Goldman's 29-member executive committee. He's also an example of how people can reinvent themselves at Goldman - and in life.

Arriving at Goldman in 1993 after earning his Ph.D. in medical information science at Stanford, Chavez worked as a quant in the energy business - but left four years later, claiming he needed a new challenge. That wasn't the real reason.

'The real reason is I made a big change in my life', says Chavez. 'I decided to stop drinking'. Seeking a change of venue (people in recovery call it 'pulling a geographic'), he moved to Credit Suisse, but says he knew he'd made a terrible mistake. After a few years he left the industry, founded and sold a startup, bought a beach house, and retired to Fire Island, N.Y.

Hit the the link below to access the complete Fortune article:

Marty Chavez: A singular CIO at Goldman Sachs

image: © Cristiano Betta

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