John Waldron, currently COO and President of Goldman Sachs, is set to succeed David Solomon as CEO of the investment bank, potentially as soon as next year. At 57 years old with 26 years at Goldman Sachs, Waldron received an $80 million retention bonus in January 2025 to stay for five more years. He oversees the bank’s artificial intelligence initiatives. The board must still approve the appointment, though industry watchers consider his succession a near certainty. Solomon is expected to stay on as executive chairman after an eight-year run during which the stock more than quadrupled. In the first half of 2026 alone, Goldman advised on more than $1 trillion in M&A deals and generated over $12 billion in equities revenue.
Source: Read the original article
