Goldman Sachs board discussed plan to name Waldron as next CEO- WSJ
Source: Investing.com ·
Investing.com-- Goldman Sachs’ (NYSE:GS) board discussed a plan for CEO David Solomon to step down and be replaced by operating officer John Waldron as soon as 2027, the Wall Street Journal reported on Monday.
From the source
Investing.com-- Goldman Sachs' (NYSE:GS) board discussed a plan for CEO David Solomon to step down and be replaced by operating officer John Waldron as soon as 2027, the Wall Street Journal reported on Monday. Still guessing which names to buy? Our AI rebuilds its stock picks at the start of every month. The list is beating the market by 120%. See what's on it » The discussions involved Waldron, who is also Goldman's president, taking the helm around end-2027 or 2028, the WSJ reported, citing people familiar with the matter. Should you buy NVIDIA right now? Before you decide, consider this: an AI-powered list of stock picks is outperforming the market by 120%, and it updates at the start of every month. See this month's picks » Solomon is likely to be executive chairman of the board for around one-two years after stepping down as CEO, the WSJ report said. The plan requires approval by Goldman's board and could occur in the coming months, although the timing is subject to change.…