Goldman Sachs has announced significant changes in its leadership structure as part of a corporate revamp. The bank is promoting three top executives to lead each of its equities, fixed-income, and banking units.
Richard Gnodde will become a vice chairman at the company. This move comes after Goldman’s recent surge in profit. The firm is focusing on bringing in fresh talent to drive growth and innovation.
Notably, new co-heads have been appointed for the international unit, and the management committee has been expanded dramatically. These changes signal Goldman Sachs’ commitment to revitalizing its operations and positioning itself for long-term success.
Source: https://www.bloomberg.com/news/articles/2025-01-21/goldman-picks-leaders-to-run-wall-street-engines-in-major-revamp