See the 95 executives Goldman Sachs tapped to join its exclusive partnership — a record high under David Solomon
Time to pop the champagne: Goldman Sachs just announced the newest members of its exclusive partnership — see the names here.
Goldman Sachs on Thursday dropped the names of its newest partner class, elevating 95 members to its highest designation of leaders outside the C-suite.
The 2024 class is the largest since David Solomon took over as CEO in 2018 and reflects the bank’s growth expectations in dealmaking and asset and wealth management.
This year’s class is also one of Goldman’s most diverse, representing a record 26 females and a record level of Hispanic executive promotions, a company executive said on Thursday.
“A spirit of partnership has been at the heart of Goldman Sachs’ culture for more than 155 years, with the firm’s partners exemplifying the best traditions of leadership,” Solomon and President and COO John Waldron said in a joint statement on Thursday.
Since taking the top job in 2018, Solomon has been shrinking the bank’s partnership ranks in a bid to increase its exclusivity. The Goldman executive said this year’s larger size isn’t an about-face from that goal but rather a reflection of the firm’s commitment to its key businesses like investment banking and money management. The executive said that the total size of the class has remained largely constant even as the firm has grown under Solomon.
The last time Goldman tapped new partners in 2022, it elevated 80 members. In the 2020 cycle, it appointed just 60 new partners, which helped reduce the size of the overall partnership to fewer than 440 members, down from 484 in 2018.
David Solomon, CEO of Goldman Sachs.
Here are some key figures about Goldman’s 2024 partner class:
- 42% of the class started at Goldman as campus hires and 29% started as summer interns with the firm.
- The average tenure of the partner class is 16 years at Goldman Sachs.
- 6% of the class is Hispanic, another record.
- 18% are Asian.
- 4% are Black, down from 7% in 2020. This is an area the Goldman executive acknowledged is a place the firm wants to improve.
- 55 are from Goldman’s Global Banking & Markets division, which houses investment banking and trading.
- 26 are from Goldman’s growing Asset & Wealth Management division.
- Just 1 new partner is from Goldman’s Platform Solutions business, which houses its transaction banking services.
Here’s the full list that Goldman released featuring all of its new partners.
Marine Abiad, Global Banking & Markets, Paris
Benny Adler, Global Banking & Markets, New York
Shahzad Ali, Controllers, New York
Ash Ang, Global Banking & Markets, Singapore
Lucia Arienti, Global Banking & Markets, London
Matthew Armas, Asset & Wealth Management, New York
Patrick Armstrong, Asset & Wealth Management, New York
Sebastian Ayton, Global Banking & Markets, Paris
Amitayush Bahri, Asset & Wealth Management, London
Rob Barlick Jr, Asset & Wealth Management, Miami
David Bear, Global Banking & Markets, New York
Amanda Beisel, Controllers, New York
Jeff Bernstein, Asset & Wealth Management, New York
Lyla Bibi, Global Banking & Markets, New York
Anne Bizien, Global Banking & Markets, Paris
Tristan Blood, Asset & Wealth Management, London
Brittany Boals Moeller, Asset & Wealth Management, Atlanta
Marc Boheim, Asset & Wealth Management, London
Chris Bonner, Global Banking & Markets, New York
Kevin Boova, Global Banking & Markets, New York
Oonagh Bradley, Compliance, London
Timothy Braude, Asset & Wealth Management, New York
