David solomon net worth
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Who is David Solomon, Next CEO of Goldman Sachs?
According to a press release, Goldman Sachs Group, Inc. (GS) CEO Lloyd Blankfein will retire from his position as chair and chief executive officer of the major bank on September 30, 2018. Taking his place in both roles will be David M. Solomon, currently President and Co-Chief Operating Officer since 2016. Who is David Solomon, and what can investors expect from the new head of Goldman?
Nearly 20 Years of History at Goldman
When Solomon assumes the position of CEO at Goldman, he will have logged nearly 20 years of experience at the company since joining as a partner in 1999. Since that time, Solomon has worked as both Global Head of the Financing Group, including all capital markets and derivative products for corporate clients of the firm. He has also been Co-Head of the Investment Banking Division, between 2006 and 2016. Solomon, who is 56 years old, is known for broad interests outside of the financial world, according to Bloomberg; he is passionate about skiing and wine and even produces music under the DJ handle D-Sol,
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From launching the consumer banking venture Marcus to forging a high-profile partnership with Apple, Solomon's bold initiatives aimed to redefine the firm's future—and tested the limits of what a traditional financial institution could achieve. But Solomon’s story extends beyond boardrooms and spreadsheets. Known also as DJ D-Sol, he defied Wall Street norms by pursuing his passion for music, sparking both admiration and controversy. This captivating biography reveals how he balanced personal ambitions with professional responsibilities, navigating challenges like the 1MDB scandal, employee discontent, and the COVID-19 pandemic.
With unprecedented access to insights on Solomon’s leadership style, this book explores how he embraced risk, innovation, and adaptability—leaving a lasting mark not only on Goldman Sachs but on the future of finance itself.
If you are a leader, aspiring entrepreneur, or finance enthusiast, this book offers powerful lessons in bold decision-making and reinvention. **Get your copy today and discover what it takes to master the market—and the moment.**
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David Solomon
Goldman Sachs & Co. LLC
Investment Banks/BrokersFinance
Goldman Sachs & Co. LLC (GS&Co.) is a securities brokerage firm headquartered in New York City. Founded in 1927, the firm is a subsidiary of The Goldman Sachs Group, Inc. (NYSE: GS). GS&Co. provides services to help hedge funds manage risk, monitor portfolios, maintain liquidity and build their businesses. They offer clients access to global equity and derivatives markets, as well as foreign exchange, commodities, European Lefts, rates and credit across the Americas, Europe and Asia. The firm proactively monitors capital markets, searching for pockets of liquidity and news that may require changes to those strategies. Integration with the Goldman Sachs network gives clients access to the firm's sectored block trades and their insights into price discovery. Their electronic trading program provides clients with tools to manage their trades from pre-trade analytics to post-trade analysis.
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