Lloyd Blankfein Ready To Leave Goldman Sachs As Soon As This Year's End

In this WSJ article, Loyld Blankfein is ready to step down as the CEO of Goldman Sachs as soon as this year's end, capping off a historic long 12-year run as a Wall Street boss. This has made him one of the longest-serving bosses on Wall Street.


Goldman is likely to follow an announcement of Mr. Blankfein’s departure with a quick transfer of power and isn’t looking beyond Goldman’s two co-presidents, Harvey Schwartz and David Solomon, to replace him, people familiar with the matter said.

The timing of any moves could still change, and the 63-year-old Mr. Blankfein is firmly in control of his exit, the people said. The current thinking, though, is that he will retire ahead of or early in Goldman’s 150th anniversary year in 2019, a fitting send-off for the history buff.

Many people thought he would die at his desk.

Who will be Lloyd Blankfein's successor? It seems it is either Harvey Schwartz or David Solomon.

 

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