Goldman Sachs riding wave of success in red state Utah as CEO David Solomon fights woke woe
NY Post
To hear it from his handlers at Goldman Sachs, CEO David Solomon is having quite a moment these days.
After surviving a rocky couple of years of staff turmoil and business failures (retail banking, the Apple credit card), Solly gave up his side hustle as DJ D-Sol so he could focus more on his day job, and it seems to be working.
Goldman’s stock has been up, way up, beating rivals JPMorgan and Morgan Stanley in recent months.
The firm had blow-out profits for the first quarter of this year, even as the dealmaking business remains pretty weak.
Can you imagine what might happen when things really pick up?
Solly, as expected, took a victory lap last week during the NY-based investment firm’s annual shareholder meeting — where he easily survived a shareholder vote calling on Goldman’s board to split his job and appoint a separate chairman — even if it all went down in a seemingly odd locale: Red State Utah.
