Goldman Sachs Board Reportedly Discussed Plan for CEO David Solomon to Step Down, Hand the Top Job to President John Waldron

Goldman Sachs Group, Inc. is reportedly discussing a succession plan for CEO David Solomon to step down, with President John Waldron poised to take over by late 2027 or 2028. Solomon, who has been CEO since October 2018, would transition to the role of executive chairman for one to two years post-departure. Under Solomon's leadership, the company's shares have increased by over 308%. As of the latest trading session, Goldman Sachs' stock closed at $916.28, down 2.05%.