Goldman Sachs (GS) board discussed the plan to name John Waldron as its next CEO, while under the plan, current CEO David Solomon, who has led the bank since 2018, would step down as soon as next year and be executive chair, according to WSJ
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Goldman Sachs (GS) board discussed the plan to name John Waldron as its next CEO, while under the plan, current CEO David Solomon, who has led the bank since 2018, would step down as soon as next year and be executive chair, according to WSJ Russian President Putin orders an increase in the size of the Russian army FT reporter posts after a day of relentless drone attacks, Russia is now hitting Kyiv with a wave of ballistic missiles and several explosions have shaken Ukraine's capital in the last few minutes John Waldron's name has circulated as the presumptive successor for an extended period, so the substance is confirmation of sequencing and timing rather than a change of direction. Episodes of this kind have tended to matter for the equity only where the transition is abrupt, contested, or external; planned internal handovers at money-centre banks have generally traded as neutral to mildly positive on continuity, with any reaction concentrated in the bank's own shares rather than the broker-dealer peer set. The executive-chair arrangement is worth noting as the established mechanism by which boards retain the outgoing CEO's client relationships through the transition. Follow-ons are the formal announcement, board statements on timing, any parallel moves among the next layer of senior management, and whether the strategy posture on asset and wealth management shifts under the successor. As a report rather than an official confirmation, the usual caution applies until the bank itself speaks.
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