Goldman Sachs CEO succession planning faces one big problem

SO SOMEBODY FINALLY LOOKED INTO IT AND APPARENTLY GOLDMAN SACHS JUST PULLED IN TWELVE BILLION IN EQUITIES AND ADVISED ON A TRILLION IN MERGERS BUT THE BOARD IS ALREADY DISCUSSING REPLACING DAVID SOLOMON WITH HIS PRESIDENT JOHN WALDRON NEXT YEAR WHICH IS WILD BECAUSE SOLOMON IS UP OVER THREE HUNDRED PERCENT ON THE STOCK AND MIGHT NOT EVEN WANT TO LEAVE YET AND THEIR SPOKESMAN SAYS THERE IS NO DEFINITIVE TIMELINE SO NOBODY KNOWS IF HE RETIRES OR BECOMES EXECUTIVE CHAIRMAN AND MEANWHILE WALDRON HAS THIS EIGHTY MILLION DOLLAR PACKAGE RUNNING TO TWENTY THIRTY BUT HE COULD GET SICK OF WAITING LIKE PRINCE CHARLES ACCORDING TO A PROFESSOR AND WALK AWAY TO ANOTHER GIANT FIRM SO IT IS JUST PURE CORPORATE AWKWARDNESS. OK I HAVE TO SIT DOWN AFTER THAT ONE.

HONESTLY I HAD TO CHECK IT WAS NOT A JOKE LIKE TRYING TO RETURN A USED COFFEE CUP BECAUSE GOLDMAN SACHS ADVISED ON OVER A TRILLION IN MERGERS AND NOW THE BOARD REPORTEDLY DISCUSSED PROMOTING PRESIDENT JOHN WALDRON TO CEO NEXT YEAR AND MAKING DAVID SOLOMON EXECUTIVE CHAIRMAN WHICH IS WILD BECAUSE SOLOMON HAS THE STOCK UP OVER THREE HUNDRED PERCENT SINCE TWENTY EIGHTEEN AND HE CHAIRS THE BOARD SO EXPERTS SAY HE PROBABLY DOES NOT WANT TO LEAVE AND A SPOKESMAN SAYS THERE IS NO DEFINITIVE TIMELINE SO NOW WALDRON HAS AN EIGHTY MILLION DOLLAR PACKAGE RUNNING TO TWENTY THIRTY BUT HE ALREADY TALKED TO FIRMS LIKE APOLLO WHICH MEANS HE MIGHT GET TIRED OF WAITING LIKE PRINCE CHARLES WHILE SOLOMON ENJOYS THIS HUGE AI BOOM. ANYWAY THE DJ IS COOKING, LET US GO.

Goldman Sachs' board has discussed replacing CEO David Solomon with president John Waldron as early as next year, though succession timing remains uncertain.

Named in this and it is not fair or not accurate? Write to us — we correct or remove within a few days.