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Goldman Colleagues Convinced M&A Titan to Run L.A. Olympic Bid

  • Gene Sykes sought out ex-London 2012 head Paul Deighton
  • Sykes is also regularly in touch with Goldman CEO Blankfein
Gene Sykes.

Gene Sykes.

Photographer: Kevork Djansezian/Getty Images

Before Gene Sykes left Goldman Sachs to lead Los Angeles’s bid for the 2024 Olympics, he looked for advice from a former co-worker: Paul Deighton, who several years earlier gave up his post as Goldman’s Chief Operating Officer for Europe to become the CEO of the London 2012 Organizing Committee.

“It was reassuring to hear him speak with such enthusiasm about his own experience,” said Sykes, who was the global co-head of mergers and acquisitions at Goldman until 2015. “He encouraged me to do this because of how much fun he had.”