Paul Deighton used to spend days answering questions about derivatives and making sure the operations at Goldman Sachs’ London office ran smoothly.Nowadays? Deighton’s time at work is spent making sure there are enough porta potties for the London Olympics, and that the chicken nuggets sold at McDonald’s in the Olympic Park come from British chicken, according to a profile of Deighton in Bloomberg Markets.
Deighton is the chief executive officer of the London organising Committee of the Olympic and Paralympic Games. He took the job in 2006, but before that he spent 22 years at Goldman Sachs as partner and COO of its London offices, Bloomberg Markets reported.
As the Locog’s CEO, Deighton has been in charge of fundraising for the games (which is now mostly set), attracting businesses to the Olympics and making sure everything runs smoothly from security to the food supply as the games take place. And that, is something even the most intense banking career can’t prepare you for—
Deighton, 56, says his 22-year career at Goldman didn’t prepare him for being quizzed about such nitty-gritty details by a cynical British public.
“When you’re in investment banking, you’re pretty much under everybody’s radar all the time,” he says. “Here, everything we do all the time is completely in the public eye.”
It’s a job that seems is as rewarding as it is frustrating, but for Deighton at least, it’s the “best job in the world.”
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