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Goldman Sachs announces major leadership shakeup as incoming CEO David Solomon makes his mark (GS)





David Solomon

  • Goldman Sachs named John Waldron as president and chief operating officer, effective Oct. 1, according to an internal memo sent to staff Thursday.
  • Stephen Scherr will become chief financial officer, replacing Marty Chavez, who will move to become one of three co-heads of the firm’s securities division, according to another memo.
  • David Solomon, set to replace Lloyd Blankfein as CEO on Oct. 1, wanted to name his management team before taking on the role, according to a person with knowledge of his thinking.

Goldman Sachs announced a big shakeup to its leadership team Thursday as incoming CEO David Solomon moved read more >>>

Source:: BusinessInsider.Com

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