Friday, March 28, 2008

New Appointments in Goldman Sachs

February 2008
Michael Evans, 50, and Michael Sherwood, 43, were named vice chairmen of the company. Goldman added that Evans and Sherwood would have oversight for the securities division, which trades stocks, commodities, currencies, mortgages, corporate and government debt.

Four co-heads of securities trading division were named. Taking command of an enterprise that generated $27 billion from sales and trading last year are:
David Heller, 41, head of global equity trading;
Harvey Schwartz, 43, head of global securities division sales;
Edward Eisler, 38, global head of macro trading and co-head of emerging markets; and Pablo Salame, 42, co-head of European equities and global co-head of derivatives.

The four join Goldman's top management committee.

Goldman added five other executives to the management committee, which has now expanded to 25 members from 16.

Goldman named two traders;
Richard Ruzika, 48, the global co-head of its special situations group;
Donald Mullen, 49, head of U.S. credit sales and trading.
and three bankers to the committee:
Yoel Zaoui, 47, head of Europe investment banking;
Gordon Dyal, 46, global head of mergers and acquisitions; and
Gwen Libstag, 52, who leads a group that weighs potential conflicts of interest triggered by deals.

Several executives left Goldman sachs in 2007.

Among them was Thomas Montag, a former co-head of the securities division. Scott Kapnick, an investment-banking co-head, last June joined Highbridge Capital Management to launch a private equity fund.

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