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.
A message from our CEO & publisher Rachel Fishman Feddersen
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse..
Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.
— Rachel Fishman Feddersen, Publisher and CEO
