| Charles S. Hallac | |
| Birth Name: | Charles Shaul Hallac |
| Birth Date: | 20 October 1964 |
| Birth Place: | Tel Aviv, Israel |
| Death Place: | 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) |
Charles Shaul Hallac (October 20, 1964 – September 9, 2015) was the co-president of BlackRock.[1] [2] [3] [4] [5]
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]
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]
In 2001, Hallac, with his colleague, Bennett Golub, received the "Asset Management Risk Manager of the Year" award from Risk Magazine.[7]
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]