Goldman Sachs board discusses succession plan for David Solomon and John Waldron
On September 28, Goldman Sachs' board discussed a plan for Chief Executive David Solomon to step down and Chief Operating Officer John Waldron to succeed him. The reported discussions target a leadership transition around late 2027 or 2028.
Why it mattersThe transition would shift leadership at a major investment bank that influences global financial markets.
How we got here
- Goldman Sachs added Waldron to its board of directors. Goldmansachs, Reuters
What's likely next
- The reported proposal would require board approval, which the reporting said could come in the coming months; the timing could change.
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