Goldman Sachs Discusses CEO Succession Plan

Goldman Sachs has discussed a succession plan that could see Chief Operating Officer John Waldron replace David Solomon as chief executive. While reports point to a possible transition, the bank stated there is no definitive timeline for the change.

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John Waldron, president and Chief Operating Officer of Goldman Sachs, speaks during the Goldman Sachs Investor Day at Goldman Sachs Headquarters in New York City, U.S., February 28, 2023. REUTERS/Brendan McDermid

GOLDMAN SACHS GROUP INC COO John Waldron is slated to succeed CEO David Solomon as soon as next year, according to reports. The potential transition follows internal discussions regarding a leadership handover between late 2027 and 2028. Solomon has led the bank since October 2018, overseeing a stock price quadrupling during his tenure.

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