Jul
17
Goldman Sachs Names David Solomon C.E.O. as Blankfein Plans Exit
ByGoldman Sachs on Tuesday named David M. Solomon as its next chief executive, putting a veteran investment banker in charge of a Wall Street giant that faces mounting challenges.
Mr. Solomon’s appointment will end the tenure of Lloyd C. Blankfein, the 63-year-old former gold salesman who has run the firm since 2006 and steered it through the financial crisis. Mr. Blankfein will hand over the chief executive role on Oct. 1 and remain chairman until the end of the year. Mr. Solomon, 56 and currently the bank’s president, will add the chairman title at the beginning of 2019…
Goldman Sachs Names David Solomon C.E.O. as Blankfein Plans Exit
