Goldman Sachs is considering a leadership transition that could see CEO David Solomon step down and President and Chief Operating Officer John Waldron take over the Wall Street banking giant as early as 2027, according to a Wall Street Journal report.
The Goldman Sachs board has discussed a potential succession plan under which Waldron would become chief executive around the end of 2027 or sometime in 2028, the report said, citing people familiar with the discussions. Waldron has long been viewed as a key figure in Goldman’s senior leadership and currently serves as both president and operating chief.
Under the proposed arrangement, Solomon could remain closely involved with Goldman Sachs after relinquishing the CEO position. The report said he is expected to potentially serve as executive chairman for approximately one to two years following the leadership transition.
Any succession plan would still require formal approval from Goldman Sachs’ board. A decision could come within the next several months, although the timetable remains subject to change and the bank has not announced a definitive transition date.
Solomon has led Goldman Sachs for nearly a decade, overseeing the investment bank through shifting market conditions and major strategic changes. During his tenure, he placed significant emphasis on Goldman’s core trading operations, a strategy that has delivered strong results as market volatility and increased client activity supported the business.
Goldman Sachs shares have also climbed to record highs, strengthening the bank’s market position during Solomon’s leadership.
A potential promotion for Waldron would represent a closely watched leadership change at one of Wall Street’s most influential financial institutions. As president and COO, Waldron already holds broad responsibilities across Goldman Sachs’ operations, positioning him as a central figure in the bank’s long-term succession planning.
For now, Solomon remains CEO, while any transition to Waldron depends on board approval and the final timing of Goldman Sachs’ leadership plans.


Bitget Resumes Crypto Withdrawals After $388M Security Breach
RedotPay Completes Audits as Stablecoin Firm Advances U.S. IPO Plans
Chainlink Launches CCIP 2.0 With Enhanced Cross-Chain Security
Anthropic Targets $2 Trillion Valuation in Planned IPO
Europe’s AI Data Centre Boom Strengthens Case for Nuclear Power
Samsung Invests $1 Billion in KKR’s Helix AI Infrastructure
Northern Star Shares Surge After Rejecting Gold Fields Takeover Bid
Strategy Buys 1,665 Bitcoin as BTC Holdings Reach 847,666
Binance Expands MarsCoin With Tokenized SpaceX Share Rewards
Morgan Stanley Raises TD Synnex Price Target to $359 on Strong AI Demand
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge
OpenAI, Anthropic CEOs Summoned to Australia AI Inquiry
Pi Network Price Holds $0.087 as Protocol 28 Mainnet Upgrade Nears
Stellar Hits Record 217 TPS as Institutional RWA Activity Surges
OpenAI AI Agents Bypassed UN Website Controls in Data Scraping
Citigroup Expands Coinbase Partnership for Stablecoin Payments
Nissan Targets US Hybrid Growth With Rogue e-Power Launch 



