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GS Goldman Sachs Group Inc

427.90
7.85 (1.87%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Goldman Sachs Group Inc NYSE:GS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  7.85 1.87% 427.90 428.53 419.64 420.23 2,322,677 00:49:51

Goldman's Waldron to Replace Weinberg as Co-Head of Investment Banking

18/12/2014 7:51pm

Dow Jones News


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By Justin Baer 

Goldman Sachs Group Inc. promoted John Waldron to co-head of investment-banking, replacing John S. Weinberg, a vice chairman whose father and grandfather once led the Wall Street firm.

Mr. Weinberg, 57 years old, will move to a new client-development role. He will remain one of Goldman's three vice chairmen. Mr. Waldron, 45, joined Goldman in 2000 and was named a partner two years later. He most recently served as head of investment-banking services.

Mr. Waldron's promotion comes as Goldman's investment-banking arm enjoys one of its best years on record. The firm's merger bankers passed a rare milestone earlier this month, advising companies on deals with a combined value of more than $1 trillion. It was the first time any investment bank had reached that tally since 2007.

Write to Justin Baer at justin.baer@wsj.com

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