J.D. Hoye and Sandy Weill with student members, National Academy FoundationWhat do you do when there's an abundance of kids hanging around on the streets of New York City with nothing to do? If you're Sandy Weill, former CEO of Citigroup, you round up corporate partners, lobby educators, and start an organization to train these kids for the professional world.
Though Weill's legacy at Citi may be shaky, his National Academy Foundation, founded in 1982, now oversees a nationwide network of more than 500 vocational schools. Along with president J.D. Hoye (to the left of Sandy) and vice chairman Ken Chenault (CEO of American Express), Weill has raised enough money to train more than 50,000 teens in the financial services, hospitality, and IT industries.
Last updated January 11 2008: 5:15 PM ET