Goldman Sachs partners are leaving — some 202 during David Solomon's five years as CEO by Insider's calculation.
In particular, before Solomon, Goldman nurtured many fiefs and then spread the wealth from the most successful ones across the firm.
Of the former Goldman executives that Insider interviewed, here are the most cited reasons they gave for leaving Goldman.
When both men struggled, senior partners left, and Goldman stumbled in its efforts to wind down its balance-sheet investments.
Goldman Sachs partners are paid well by any standard: $950,000 in base salary and often multiples of that in annual bonuses.
Persons:
Goldman Sachs, David Solomon's, Solomon, Goldman, David Solomon, John Waldron, Goldman's, Adebayo Ogunlesi, Mike Mayo, Andrew Toth, Devin Ryan, Ryan, Waldron, Tony Fratto, Mike Blake, Eric Lane, Julian Salisbury, Lane, Luke Sarsfield, Sarsfield, Marc Nachmann, he's, Fratto, Stephanie Cohen, Cohen, Kathy Ruemmler, Charles Dharapak, Barack Obama's, Kenneth Lay, Jeffrey Skilling, Ruemmler, Unbeknown, Jeffrey Epstein, dealmaking, David S, Holloway, Mayo, David doesn't, GreenSky, Brendan McDermid, It's, Alison Mass, Hank Paulson, Russell Horwitz, David, it's, Emmalyse Brownstein
Organizations:
Wall, JPMorgan, Wells, Wells Fargo Securities, Investors, Goldman, AWM, Sarsfield, BAE Systems, Justice Department, Street Journal, Bloomberg, Employees, Partners, Federal Reserve, United Capital Financial Partners, Reuters, GreenSky
Locations:
New York, Wells Fargo, Salisbury, Manhattan, Texas, Plano, London, Paris, Chicago