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Goldman Sachs Names David Solomon as Next President as Lloyd Blankfein Prepares to Exit

March 12, 2018

Via: Fortune

Goldman Sachs Group Inc. said David Solomon will become sole president of the company, elevating him over Harvey Schwartz as the successor to Chief Executive Officer Lloyd Blankfein.

Schwartz, 54, will leave the firm on April 20, and Solomon will serve as the sole president and chief operating officer, the New York-based company said in a statement Monday. The statement didn’t give a timeline for Blankfein’s eventual retirement.

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