David A. Viniar, the finance and risk-management overseer who some investors deem more essential to Goldman Sachs than Lloyd C. Blankfein, may not be replaceable. At least not by one person, according to BusinessInsider.
Investors are more concerned about Viniar’s eventual successor than they are about replacing Blankfein, 56, the chairman and chief executive officer since 2006, said Roger A. Freeman, an analyst at Barclays Capital. Viniar has played a key role in overseeing funding, risk, technology and relationships with investors through Goldman Sachs’s May 1999 initial public offering and the financial collapse of 2008.
“David’s the brains behind the operation -- the institutional knowledge that guy has is just unmatched,” said Freeman, who has a “neutral” rating on Goldman Sachs shares. “It’s difficult to imagine that there are many people that can juggle as many balls as he does seemingly effortlessly.”
http://www.businessinsider.com/david-einhorn-dumps-yahoo-greenlight-investor-letter-june-2011-7
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