Goldman's Solomon: No Succession Timeline Under Way -- WSJ
Dow Jones2026/10/13 16:00By 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)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. stock futures fluctuate by $650 billions due to news related to Jensen Huang

Nikkei Average Index gains expand to 2.78%

Surprise! Japan intervened in the forex market three times this summer, selling a record 154 trillion yen in three days
Japan has confirmed that it intervened in the foreign exchange market three times this summer, buying yen to support the exchange rate, corroborating earlier market reports. This included the first joint intervention with the United States to support the yen in nearly thirty years.

UBS CEO warns: A Democratic sweep could slow down AI capacity building, valuation concerns are "very important"
UBS CEO Ermotti stated that the U.S. midterm elections may slow down AI capacity building and that the valuations are questionable; he also warned of persistent inflation and the risk of contagion in the European bond market.
