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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 

Goldman Sachs Group Inc said on Monday that Harvey Schwartz, the bank's president and co-chief operating officer, will retire, paving the way for David Solomon to become sole president and Chief Operating Officer. Schwartz will retire on April 20, according to a statement from the bank. The Wall Street Journal reported on Friday that Goldman Sachs Chief Executive Officer Lloyd Blankfein was expected to retire and the bank was not looking beyond presidents and co-chief operating officers Schwartz and David Solomon to replace him. At the start of 2017, Schwartz became ...

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