Goldman Dealmakers Wave Victory Flag as Solomon Picks His Team

  • Executives had widely expected Waldron to nab the No. 2 post
  • Scherr to become finance chief as Chavez co-leads trading unit
John Waldron will become the next president and coo of Goldman Sachs. Bloomberg’s Ed Hammond reports.Source: Bloomberg)
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Goldman Sachs Group Inc.’s investment bankers are completing a takeover of their own firm.

Three of the most important roles now are going to be held by executives who rose through the dealmaking unit, overhauling the masthead of a firm that for years was Wall Street’s dominant trading powerhouse. The reversal, which began in the wake of the financial crisis, is complete with a changing of the guard at the very top.