Goldman Sachs sets up succession battle

摘要

Coldman sachs has named David Solomon and Harvey Schwartz as presidents and co-chief operating officers to replace Gary Cohn, who is leaving to join the incoming Trump administration as head of the National Economic Council. Cohn had been widely expected to succeed CEO Lloyd Blankfein, and his departure - after 26 years at Goldman - shook up the succession planning at the bank. He had been COO for a decade. Trump tapped Cohn to lead the NEC, clearing the way for Blankfein to balance his leadership ranks with executives from both Goldman's investment banking and trading wings.