The Goldman Sachs Group, Inc. (NYSE:GS) may name chief operating officer John Waldron as its next chief executive as soon as next year, according to a Wall Street Journal report on September 28. He would succeed David Solomon. Waldron has been widely reported as the likely successor since becoming president and chief operating officer, so the news here is the timing rather than the name. READ ALSO: Citigroup (C) Lines Up a $3 Billion Banamex IPO for JanuaryGoldman Sachs (GS) Board Discusses Naming John Waldron Chief Executive Goldman Would Hand Over a Firm Earning 16.9% on Equity: Solomon would not be leaving under pressure on results, which is the unusual part. Most chief executives of large banks depart after something has gone wrong.
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