Goldman Sachs promoted 80 people to partner status on Wednesday, marking the largest class since David Solomon took over as CEO in 2018.
Twenty-three of the new members are women and seven identify as black — the highest ever figures in both cases, the company said. Nineteen partners identify as Asian, two as Hispanic or Latinx, and two as LGBTQ+.
Goldman only adds new names to its exclusive partnership once every other year. Partners are the company's highest title outside of the C-suite. Most other Wall Street banks, like Morgan Stanley, Bank of America, and Citi, announce new managing director promotions on an annual basis.
Goldman's partner class has been steadily shrinking since David Solomon took over as CEO in 2018. That year, just 69 people made the list, down from 84 during the previous round in 2016. In 2020, just 60 people were promoted to partner status.
The sales and trading division is home to the most new partners with 27. Here is how the 2022 class breaks down by company division:
- 27 in Global Markets (34%)
- 21 in Investment Banking (26%)
- 17 in Asset Management (21%)
- 6 in Consumer and Wealth Management (8%)
- 3 in Engineering (4%)
The average tenure of this year's group is 16 years, and 43% of the new partners joined as campus hires.
Being named partner comes with a healthy paycheck and numerous other perks, including a salary of around $1 million, access to a special bonus pool, and an opportunity to invest in fee-free investment funds.
Last year, Goldman gave its roughly 400 partners special one-time payments that added millions of dollars to their already generous year-end bonuses. (Of course, the payments were made in an effort to retain employees following a record year of M&A, which has since ground to halt.)
Here are all 80 Goldman Sachs employees who got the call of a lifetime this week:
Osman Ali, New York
Amal Alibair, Washington, DC
Jean Altier Bohm, New York
Frederick Baba, New York
Sivasubramanian Balaji, Bengaluru
Melissa Barrett, New York
Pierre Benichou, New York
Kerry Blum, New York
Michael Broadbery, New York
Robert Charnley, London
Rob Chisholm, San Francisco
Stephen Considine, London
Alicia Crighton, New York
Aneesh Daga, London
Ranga Dattatreya, New York
Alexis Deladerrière, New York
Jack Devaney, New York
Kene Ejikeme, London
John Fathers, New York
Zac Fletcher, Sydney
John Flood, New York
Kelly Galanis, New York
Gizelle George-Joseph, New York
Scot Goodman, New York
Betsy Gorton, New York
Ken Grahame, New York
Dinesh Gupta, Jersey City
Kay Haigh, London
Aiden Hallett, New York
Milan Hasecic, London
Stephanie Ivy Sanford, Los Angeles
Lear Janiv, London
Jessica Janowitz, New York
Moritz Jobke, London
Vanya Kasanof, New York
Sarah Kiernan, New York
Tony Kim, London
Chloe Kipling, London
Jennifer Kopylov, New York
Adam Lane, New York
Lia Larson, London
Risa Lederhandler, London
Naomi Leslie, New York
Justin Lomheim, London
Gina Lytle, San Francisco
Christiane Macedo, New York
John Manzi, New York
Shahmil Merchant, London
Pooja Mishra Prahlad, New York
Babak Molavi, London
Robert Mullane, London
Harsh Nanda, New York
Joseph Persky, New York
Raya Prabhu, New York
Richard Privorotsky, London
Ali Raissi-Dehkordy, London
Zeeshan Razzaqui, New York
Elizabeth Reed, New York
Christian Resch, London
Vanessa Resnick, New York
Fernando Rivera, New York
Faisal Shamsee, Singapore
Stephen Stites, New York
Rob Taylor, Hong Kong
Luc Teboul, New York
Troy Thornton, New York
Jason Tofsky, New York
Ben Wallace, New York
Brandon Watkins, San Francisco
Whitney Watson, New York
Greg Watts, Alpharetta
Greg Wilson, New York
Ed Wittig, New York
William Wolcott, West Palm Beach
Isaac Wong, Hong Kong
Stuart Wrigley, Singapore
Rupam Yadav, New York
Jon Yarrow, London
Basak Yavuz, New York
Ryad Yousuf, London
This story is developing, please check back for updates.
