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Robert Lehman
American banker
For the speed skater, see Robert Lehmann. For the biochemist, see I. Robert Lehman.
Robert Owen Lehman, Sr. (September 29, 1891 – August 9, 1969) was an American banker, longtime head of the Lehman Brothers investment bank, and a racehorse owner, art collector, and philanthropist.
Life and career
Lehman was born to a Jewish family in New York City. He was the son of Philip Lehman (1861–1947) and grandson of Emanuel Lehman, a cofounder of Lehman Brothersinvestment bank, and Carrie Lauer (1865–1937).[2]
He graduated from Hotchkiss School in 1908[1] and was a 1913 graduate of Yale University, where he was a member of Delta Kappa Epsilon fraternity (Phi chapter).
When his father retired in 1925, "Bobbie" Lehman assumed the leadership role of the family-owned business. He took over the bank during a time when Lehman Brothers, like its competitors Goldman Sachs and Morgan Stanley, was essentially a one-office firm.
