NEW YORK — Goldman Sachs Chief Executive Officer Lloyd Blankfein is planning on retiring as soon as the end of this year, The Wall Street Journal is reporting.
Blankfein, 63, has run Goldman since 2006, and ran the New York firm through the housing market bubble and subsequent financial crisis. Goldman emerged from the crisis a transformed firm, trying to focus less on trading and is now exploring new businesses like consumer loans. The two people considered to replace Blankfein are Harvey Schwartz and David Solomon, who share the position as chief operating officer, The Journal said, citing undisclosed sources.
Lloyd Blankfein
– The Associated Press
Send questions/comments to the editors.
Related Stories
Latest Articles
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.