John Waldron is ‘one of the most non-Wall Street people’ you’ve met - but he’s in line to be the next CEO of Goldman Sachs
Article excerpt
Mike Mayo, who leads large-cap bank research at Wells Fargo, says John Waldron gives off the affect of an English Lit professor from the Midwest. That’s an improbable description for a longtime Wall Street exec - even more so for one who has spent 26 years climbing the ranks of Goldman Sachs, and who may soon ascend to the CEO job at the storied investment bank. “What I find interesting about John Waldron is he just presents as one of the most non-Wall Street people that I’ve met, even though he heads the epitome of a Wall Street firm,” observed Mayo. He added, in reference to the bank’s current CEO, that in some ways one could describe Waldron as the “anti-David Solomon.” But even if Waldron’s disposition does not give off Master of the Universe vibes, his resumé certainly does. Like Solomon, Waldron also worked at Bear Stearns early in his career. He later moved to Goldman, where he has spent more than two decades working alongside Solomon to lead key businesses. Waldron currently holds the title of Chief Operating Officer and President. News of the plan to put Waldron in place as Goldman CEO, which could happen as soon as next year, was first reported by the Wall Street Journal on Monday. Citing sources familiar with the matter, the paper reported that Goldman’s board has discussed a plan for Waldron to take over after Solomon’s eight-year run as chief executive. The...
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In Goldman’s 2026 proxy statement, the bank credited him with overseeing its artificial intelligence initiatives. That includes deploying internal AI assistants and coding tools to handle repetitive tasks.
