The Goldman Sachs Group, Inc. ·GS

Two core businesses dominate: GBM and Asset & Wealth Management

Financial Services · Fortune #35 · Divisional structure · 49K employees · New York, NY

View as of:
7
CEO span
↓ tighter than peers (avg 12)
2.6
Avg span
moderate
3
Max depth
3 levels
6.1 yr
Avg tenure
stable vs FY2024
86%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Net income
$17.2B
Total assets
$1809.3B
Shares out
297M

Sourced from The Goldman Sachs Group, Inc. DEF 14A · filed 2026-03-20 ↗ View on SEC

Interactive org chart

The Goldman Sachs Group, Inc. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Two core businesses dominate Goldman Sachs: Global Banking & Markets and Asset & Wealth Management, both reporting directly to the CEO. This page maps the current divisional structure, executive team, recent leadership changes, and how Goldman compares with major banking peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Kathryn Ruemmler departed as Chief Legal Officer and General Counsel

Announced retirement effective June 30, 2026

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Create a firmwide Chief AI Officer reporting to the CEO to coordinate AI deployment across trading, risk, and asset management.
  • CLO Departs Without Immediate Successor Kathryn Ruemmler retires and legal leadership is temporarily redistributed among deputies, increasing CEO oversight burden.

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The people

Who's running this

8 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

David Solomon

Chairman and Chief Executive Officer

Executive

8 yr

9 reports

internal

John Waldron

President and Chief Operating Officer

Executive

7 yr

0 reports

internal

Ashok Varadhan

Co-Head, Global Banking & Markets

Global Banking & Markets

4 yr

1 reports

internal

Denis Coleman

Chief Financial Officer

Finance

4 yr

0 reports

internal

Marc Nachmann

Global Head, Asset & Wealth Management

Asset & Wealth Management

5 yr

1 reports

Kathryn Ruemmler

Chief Legal Officer and General Counsel

Legal

4 yr

0 reports

internal

John Rogers

Executive Vice President

Executive

6 yr

0 reports

internal

David Viniar

Senior Advisor; ex-officio Management Committee

Executive

15 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.

David Solomon $118.9M
Base salary
$2.00M
Bonus
$10.12M
Stock awards
$105.29M
Pension change
$0K
Other
$1.48M
Fiscal year
FY2025

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

HolderShares% of class
David Solomon 143K<1%

The businesses

How The Goldman Sachs Group, Inc. divides the work

4 divisions report into the group CEO. Tile size scales with estimated headcount.

Global Banking & Markets

25K employees

Co-Head, Global Banking & Markets (Ashok Varadhan)

Advisory, underwriting, and markets franchise spanning equities, FICC, and transaction banking.

Asset & Wealth Management

12K employees

Global Head, Asset & Wealth Management (Marc Nachmann)

Asset management, alternatives, and private wealth services for institutional and UHNW clients.

Finance

2K employees

Chief Financial Officer (Denis Coleman)

Firmwide financial management, capital planning, and reporting.

Legal & Compliance

2K employees

Chief Legal Officer (Kathryn Ruemmler)

Global legal, regulatory, and compliance oversight.

The thesis

Why this org is unusual

Two operating divisions—Global Banking & Markets and Asset & Wealth Management—account for the vast majority of Goldman Sachs’ leadership attention and reporting lines.

Both segment heads report directly to the CEO, while legacy or wind‑down businesses such as Platform Solutions no longer have equivalent standalone leadership. This reinforces Goldman’s return to a classic investment‑bank core after its consumer pullback.

The CEO span of control remains wide, with eight direct reports, reflecting Goldman’s partnership‑style governance and strong management committee culture. Unlike many peers, Goldman maintains both a President/COO and powerful divisional CEOs, creating a hybrid between divisional and partnership models.

Tenure across the top team is long and heavily internally promoted, underscoring Goldman’s reputation for leadership continuity and internal succession rather than external hiring.

  • GBM and AWM both report directly to CEO
  • High internal promotion rate at C-suite
  • Platform Solutions no longer a peer division

The comparison

How The Goldman Sachs Group, Inc. stacks up

Compared with peers like JPMorgan Chase and Morgan Stanley, Goldman Sachs runs a more concentrated divisional structure with fewer business lines but deeper leadership benches within each. JPMorgan’s CEO oversees a broader mix of retail and commercial divisions, while Goldman’s CEO focus is narrower but more …

C-suite size

The Goldman Sachs Group, Inc.
8

Reporting depth

The Goldman Sachs Group, Inc.
3 levels
6 levels

Avg C-suite tenure

The Goldman Sachs Group, Inc.
6 yr

Has COO / Has CAIO

The Goldman Sachs Group, Inc. ✓ COO — no CAIO
JPMorgan Chase ✓ COO — no CAIO
Morgan Stanley — no COO — no CAIO
Bank of America — no COO — no CAIO
Citigroup ✓ COO — no CAIO

Current signals

What changed recently

The most significant change is the planned retirement of CLO Kathryn Ruemmler in June 2026.

  • departed
    Kathryn Ruemmler Chief Legal Officer and General Counsel

    Announced retirement effective June 30, 2026

    Source
  • Date not confirmed departed
    Lakshmi Mittal Board Director

    Retired from Board effective 2026 Annual Meeting (age-based policy)

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-03-20
CEO
David Solomon
CEO span
7
C-suite
5
Avg tenure
6 yr

Leadership stable with announced future CLO retirement.

Named executive officers (5)
  • David Solomon - Chairman and CEO since 2018
  • John Waldron - President and COO since 2018
  • Denis Coleman - CFO since 2021
  • Kathryn Ruemmler - CLO and General Counsel since 2022
  • John Rogers - Executive Vice President since 2020
FY2024
DEF 14A filed 2025-03-21
CEO
David Solomon
CEO span
7
C-suite
5
Avg tenure
5.6 yr

Consumer exit underway; core divisions unchanged.

Named executive officers (5)
  • David Solomon - Chairman and CEO since 2018
  • John Waldron - President and COO since 2018
  • Denis Coleman - CFO since 2021
  • Kathryn Ruemmler - CLO and General Counsel since 2022
  • John Rogers - Executive Vice President since 2020
FY2023
DEF 14A filed 2024-03-22
CEO
David Solomon
CEO span
7
C-suite
5
Avg tenure
5.2 yr

Management continuity emphasized during strategic reset.

Named executive officers (5)
  • David Solomon - Chairman and CEO since 2018
  • John Waldron - President and COO since 2018
  • Denis Coleman - CFO since 2021
  • Kathryn Ruemmler - CLO and General Counsel since 2022
  • John Rogers - Executive Vice President since 2020

Year-over-year changes

FY2024 → FY2025

Core leadership unchanged; strategic focus narrowed further away from consumer businesses.

  • Avg tenure: 5.6 → 6 yr
  • reorg Platform Solutions - Business Segment (DEF 14A 2026-03-20)
FY2023 → FY2024

No major executive turnover; incremental tenure increase across C-suite.

  • Avg tenure: 5.2 → 5.6 yr

The board

Board of directors

2 directors. 1 of 2 independent (50%). Source: most recent DEF 14A.

David Solomon

Chair Inside

Chairman and CEO, Goldman Sachs

Director since 2018

David Viniar

Lead Indep. Independent

Independent Lead Director

Director since 2020

Frequently Asked Questions

Who is the CEO of The Goldman Sachs Group?

David Solomon has served as Chairman and CEO since 2018.

What type of organizational structure does The Goldman Sachs Group use?

Goldman Sachs uses a divisional structure centered on Global Banking & Markets and Asset & Wealth Management.

How many direct reports does The Goldman Sachs Group's CEO have?

The CEO has seven direct reports, including divisional heads and core control officers.

How has The Goldman Sachs Group's leadership changed recently?

Recent changes include the announced retirement of CLO Kathryn Ruemmler in June 2026 and board member Lakshmi Mittal’s retirement at the 2026 Annual Meeting.

Does The Goldman Sachs Group have a COO?

Yes. John Waldron serves as President and Chief Operating Officer, a role not all major banking peers retain.

Sources

  • 8-K Filing, Feb 13, 2026
  • 8-K Filing, Mar 13, 2026
  • SEC EDGAR: The Goldman Sachs Group, Inc. DEF 14A Proxy Statement
  • SEC EDGAR: The Goldman Sachs Group, Inc. 10-K Annual Report

Reference

Cite this page

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APA 7th
Creately. (2026). The Goldman Sachs Group, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/goldman-sachs/
MLA 9th
"The Goldman Sachs Group, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/goldman-sachs/. Accessed .
Chicago 17
Creately. "The Goldman Sachs Group, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/goldman-sachs/.
Original SEC source View on SEC ↗
The Goldman Sachs Group, Inc.. DEF 14A. Filed 2026-03-20. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/886982/000119312526117433/gs-20260319.htm

Permanent URL: https://creately.com/org-chart/fortune-500/goldman-sachs/ · last updated 2026-04-01

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