Finance

We asked more than a dozen Goldman Sachs insiders about the key players under incoming CEO David Solomon — here’s who they say is in and out (GS)

David Solomons Cabinet 2x1 Goldman Sachs; Jenny Cheng/Business Insider

When Goldman Sachs CEO Lloyd Blankfein hands off to president David Solomon in the coming months, it will be the investment bank’s first change in leadership since 2006.

During the intervening years, Blankfein led the firm through the financial crisis and the subsequent fallout surrounded by a coterie of loyalists, some of whom worked shoulder-to-shoulder with the CEO at commodities trader J. Aron & Co.

Solomon’s management team will differ from his predecessor’s. An investment banker who climbed the rough-and-tumble ranks at Bear Stearns before jumping to Goldman Sachs before it sold shares to the public in 1999, Solomon runs with a different crowd. Many of them worked for him during the decade he ran the investment-banking division. To understand who’s in, who’s out, and who is line for promotions, Business Insider spoke to more than a dozen Goldman Sachs insiders. Solomon declined to comment through a spokesman. What follows is a list of more than two dozen executives at Goldman Sachs, broken into four categories: Solomon’s inner circle; some key members of his broader management team, but not all (“bench”); a collection of executives facing an uncertain future (“on the bubble”); and a few Blankfein loyalists who have a depth of institutional knowledge not easily replaced. Executives are listed alphabetically within each group.

Before we get to the list, one last thing: Do you work at Goldman Sachs and feel like we overlooked a key player or ignored a member of the inner circle? Something else about the bank you want to share? Email me at dcampbell@businessinsider.com or find me on WhatsApp or Signal at 917-673-9252.

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