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Goldman's Solomon: No Succession Timeline Under Way -- WSJ

Goldman's Solomon: No Succession Timeline Under Way -- WSJ

Dow JonesDow Jones2026/10/13 16:00

By Jasmine Li

Goldman Sachs Chief Executive David Solomon said "there is no succession transition or timeline under way" at the bank.

"I'm really enjoying the job," he told analysts. "But more importantly, as a team, we're super excited about what's in front of us in the coming years and how we can continue to grow the franchise and really accelerate the earnings potential of the firm."

The Wall Street Journal reported in September that Goldman's board has discussed a plan for Solomon to step down as chief executive and be replaced with Chief Operating Officer John Waldron as soon as late next year. Under the plan, Solomon is likely to be executive chairman of the Goldman board for around one to two years after he steps down from the CEO role, the Journal reported.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

October 13, 2026 12:00 ET (16:00 GMT)

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