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The Collapse of Lehman Brothers: An Inside Story

Nov 1, 2018
Saieh Hall 021
5757 S. University Ave.
Chicago, IL 60637
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Scott J. FreidheimCorporate & Private Equity CEO

Free and open to the public. Cosponsored by Catholics at Booth.

What it was like to be inside the executive suite of Lehman Brothers during the financial crisis of 2008? Scott Freidheim—former Lehman Brothers Chief Administrative Officer and Executive Vice President—will offer a first-hand account of what happened in 2008, why Lehman Brothers did not need to fail, and how the fall of Lehman Brothers and great personal financial loss affected his sense of meaning as a person of faith.


Scott J. Freidheim is an American businessman. Scott has experience as a NYSE-traded company CEO and as a board member for profit and not-for-profit institutions. He has served on the most senior leadership teams across multiple industries including financial services, mass merchandising, brand management, private equity, engineering, and staffing; he has served on the global executive committees of Lehman Brothers (Chief Administrative Officer), Investcorp (CEO, Europe), Sears Holdings (Chief Operating Officer & President Kenmore, Craftsman & Diehard) and CDI Corporation (Chief Executive Officer). Scott has served on for profit boards including: N+W Global Vending (Milan, Italy), Icopal (Herlev, Denmark), GL Education (London, England), Lands’ End (Dodgeville, WI, USA) and not-for-profit boards including: United States Olympic and Paralympic Foundation (current; Colorado Springs, CO, USA), Institute of International Education (current; NYC, NY, USA), which administers the Fulbright Scholarship program, and Spelman College (Atlanta, GA, USA). Freidheim is a member of The Economic Club of New York and The Council on Foreign Relations. Scott was named a Young Global Leader by the World Economic Forum and has participated in many panels at the World Economic Forum in Davos, Switzerland, including as rapporteur for the opening plenary session, as well as at the inaugural New Champions Meeting in Dalian, China and was a member of the WEF's Global Agenda Council. Scott lives in Aspen, Colorado with his wife and three children.