The Next Goldman C.E.O. Could Be a Banker Who Moonlights as a D.J.<br />Goldman Sachs Group said on Monday that Harvey M. Schwartz would retire, likely clearing the way for his fellow president<br />and co-chief operating officer, David M. Solomon, to become the company’s next chief executive.<br />The surprise announcement reflected a decision by Goldman’s board of directors in late February to anoint Mr. Solomon as the eventual<br />successor to the bank’s current chief executive, Lloyd C. Blankfein, according to people briefed on the board’s decision.<br />At the meeting, Mr. Blankfein, who has run Goldman for nearly 12 years, said<br />that he had not yet decided when he would step down, according to someone briefed on that meeting.<br />Mr. Schwartz was informed Friday that Mr. Solomon had won the board’s backing, said the people briefed on the board’s decision.<br />Mr. Schwartz, who was previously Goldman’s chief financial officer<br />and global co-head of its securities division, plans to retire in April, the company said.<br />“I want to thank Harvey for all he’s done for the firm.”<br />The Wall Street Journal reported last week that Mr. Blankfein was preparing to step down as soon as the end of this year.<br />“Harvey has been a mentor to many, and his influence has made an indelible impact on generations<br />of professionals at Goldman Sachs,” Mr. Blankfein said in a news release.<br />Mr. Solomon, 56, joined Goldman Sachs in 1999 and was previously co-head of its investment banking division
