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Goldman Sachs names David Solomon as next in line to replace CEO Blankfein

Schwartz will retire on April 20, according to a statement from the bank

Reuters 

David Solomon
David Solomon (Photo: Reuters)

Group Inc said on Monday that Harvey Schwartz, the bank's and operating officer, will retire, paving the way for to become sole and Chief Operating Officer.

Schwartz will retire on April 20, according to a statement from the

reported on Friday that was expected to retire and the was not looking beyond presidents and operating officers Schwartz and to replace him.

At the start of 2017, Schwartz became operating officer alongside Solomon after left Goldman to become U.S. Donald Trump's

Schwartz, 53, had been a for several years before being named in 2012. Schwartz moved up the ranks at after starting in its commodities trading division, in the same manner as Blankfein.

First Published: Mon, March 12 2018. 23:50 IST
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