David Solomon, known behind the desk as co-chief operating officer and president of Goldman Sachs, and behind the decks as DJ D-Sol, has been named the next CEO of America’s largest investment banking firm. DJ D-Sol’s credentials include slots of New York nightclubs and beaches in the Bahamas, though now his time digging through crates might take a considerable hit. Solomon’s succession to CEO comes after Sachs’ current CEO, Lloyd Blankfein’s announcement that he will be vacating the post after 12 years and retiring after 36 years at the firm.
News of the Wall Street selector’s promotion lands on the same day that Sachs reported a 44% rise in second-quarter profits to $2.35 billion. Solomon is expected to take his new position after September 30 when Blankfein steps down. For now the news begs the question — how does Solomon’s move impact Forbes‘ highest paid DJs list?
H/T: BBC News