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.
Did you know that only 2% of Forward readers donate to support our nonprofit newsroom? That 2% make it possible for millions to read the Forward without a paywall or subscription — removing any barriers to the full and fair Jewish story.
But while the Forward is free to read, it isn’t free to produce. Big stories — like deep dives into the antisemitism data, political scoops or reporting trips to college campuses — take months of research and fact-checking. All while we keep you informed of what you need to know each day.
— Rachel Fishman Feddersen, Forward Publisher & CEO
Support our mission to tell the Jewish story fully and fairly.
