Goldman reportedly discussed Solomon succession plan naming Waldron CEO as soon as next year
GS•Goldman reportedly discussed a plan for CEO David Solomon to step down and be replaced by COO John Waldron as soon as next year. A Goldman spokesperson said there is no definitive timeline for succession.
1. Succession discussions
Goldman reportedly discussed a plan for Solomon to step down as CEO and Waldron to replace him as soon as next year. The proposal would require board approval, and its timing could change. A Goldman spokesperson said there is no definitive timeline and that assertions about timing are speculation.
2. Waldron’s standing
Waldron, 57, has been seen as Solomon’s successor and joined Goldman’s board last year. Solomon and Waldron each received an $80 million restricted-stock retention bonus in early 2025, which vests in five years. Solomon, 64, became CEO in October 2018; one source familiar with the matter said senior staff had expected him to serve 10 years, likely until 2028.
