Goldman Sachs weighs succession plan to name John Waldron CEO
The investment banking giant is internally discussing a plan to replace David Solomon next year with the current president and chief operating officer of the group.
Goldman Sachs is considering a plan to replace its current CEO, David Solomon, with John Waldron, the company's president and chief operating officer, next year. The plan, which was reported by The Wall Street Journal, would require approval from the company's board of directors and could be implemented in 2027 or early 2028. Solomon, 64, has been CEO of Goldman Sachs for almost a decade and has worked at the company for 25 years, including with Waldron, 57, who previously worked with him at Bear Stearns.
Waldron has been seen as a natural successor to Solomon, who faced criticism of his leadership a couple of years ago.
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