National Football League executive vice president of finance and chief financial officer Anthony Noto will leave the NFL after two years, effective Oct. 4, and return to Goldman Sachs as a partner in its investment banking division and co-head of the firm’s global media group.
The league made the announcement Monday afternoon.
Noto was responsible for overseeing the league-wide finance and strategy functions, including corporate development, labor finance, operations finance and accounting, tax and treasury.
NFL senior vice presidents Joe Siclare (club finance and treasurer), Neil Glat (corporate development), and Mike Smith (finance and administration) will continue to lead their respective areas.
Executive vice president of business operations Eric Grubman will oversee the finance group through at least the duration of the collective bargaining negotiations with the NFL Players Association. Grubman also will continue to lead NFL business ventures.
NFL owners could lock out the players next season if the sides do not agree on a new contract.
Before joining the NFL, Grubman spent 14 years at Goldman Sachs, where he led the firm's sports business and played a major role in negotiating the sales of the New England Patriots in 1994, the Cleveland Browns expansion franchise in 1998, and the New York Jets in 2002. This year he oversaw the transfer of ownership of the St. Louis Rams from the Rosenbloom family to Stan Kroenke.
Siclare has been with the NFL for 18 years; Glat for 14; and Smith for seven after serving as vice president of finance for NBC Studios. Siclare worked for Millicom Inc. and Glat for McKinsey & Co. before joining the NFL.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access