 Goldman sold 12.6% of the company to the public, and, after the IPO, 48.3% of the company was held by the 221 former partners, 21.2% of the company was held by non-partner employees, and the remaining 17.9% was held by retired Goldman partners and two long-time investors, Sumitomo Bank Ltd. and Assn, the investing arm of Kamehameha Schools.The shares were priced at $53 each and, after the IPO, Henry Paulson became Chairman and Chief Executive Officer, succeeding Jon Corzine.In September 2000, Goldman Sachs purchased Spear, Leeds, & Kellogg, one of the largest specialist firms on the New York Stock Exchange, for $6.3 billion.