David Solomon Eyed As Successor To Run Goldman Sachs
Lloyd Blankfein Image by Getty
Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein said on Wednesday he expects Chief Operating Officer David Solomon to succeed him when he decides to leave.
In an interview with CNBC, Blankfein said he did not have a definite “timeline for succession.”
Speculation over Blankfein’s succession surfaced earlier this year, after the Wall Street Journal reported that Blankfein, 63, was expected to retire as soon as this year.
The Journal also reported that he was not looking beyond co-COOs Harvey Schwartz and David Solomon to replace him.
But Schwartz unexpectedly announced in March that he would retire, leaving Solomon as sole president and COO and the most obvious successor to Blankfein.
Goldman did not immediately respond to a request for comment.
This is a moment of great uncertainty. Here’s what you can do about it.
We hope you appreciated this article. Before you go, we’d like to ask you to please support the Forward’s independent Jewish news. All donations are still being matched by the Forward Board - up to $100,000 until April 24.
This is a moment of great uncertainty for the news media, for the Jewish people, and for our sacred democracy. It is a time of confusion and declining trust in public institutions. An era in which we need humans to report facts, conduct investigations that hold power to account, tell stories that matter and share honest discourse on all that divides us.
With no paywall or subscriptions, the Forward is entirely supported by readers like you. Every dollar you give is invested in the future of the Forward — and telling the American Jewish story fully and fairly.
The Forward doesn’t rely on funding from institutions like governments or your local Jewish federation. There are thousands of readers like you who give us $18 or $36 or $100 each month or year.
Support our mission to tell the Jewish story fully and fairly.
