Bank replaces veteran Stephen Scherr with executive from Goldman’s investment banking division
New York — Goldman Sachs plans to replace its finance chief at year-end, with Denis Coleman taking over from CFO Stephen Scherr, according to an internal memo on Tuesday.
Scherr, 57, has been with Goldman for 28 years and its finance chief since November 2018, around the time CEO David Solomon took his seat. In prior roles, Scherr oversaw Goldman’s identity shift from a Wall Street firm to a traditional bank that takes deposits and makes loans.
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