Goldman Sachs plans to remove diversity factors from board selection criteria

Goldman Sachs will remove demographic factors like race and gender from its board criteria. The shift follows pressure from the Trump administration and others.

Insights:
The Goldman Sachs Group, Inc. is reportedly preparing to remove race, gender identity, sexual orientation, and other diversity-related factors from the criteria its board uses to evaluate prospective director candidates. According to a report from The Wall Street Journal on February 16, 2026, this move would alter the bank’s governance criteria for director selection. The shift represents a significant rollback of diversity, equity, and inclusion (DEI) considerations within the US USUS financial sector.
The Goldman Sachs logo is seen in this illustration taken on December 1, 2025. REUTERS/Dado Ruvic/Illustration
The Goldman Sachs logo is seen in this illustration taken on December 1, 2025. REUTERS/Dado Ruvic/Illustration
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