According to the WSJ Wall Street's longest-serving chief
financial officer stepped down Tuesday as Goldman Sachs Group Inc. GS -0.02%
gave its first nod to a group of younger leaders.
The New York company named trading executive Harvey M.
Schwartz, 48 years old, to take over Jan. 31 for Chief Financial Officer David
Viniar. The 57-year-old Mr. Viniar has served as Goldman's financial chief
since the company's 1999 initial public offering, and is one of the
best-compensated executives in the financial industry.
Goldman's board approved the move on Friday, during its
regularly scheduled meeting, and the management committee was told Tuesday
morning. Mr. Viniar plans to take Mr. Schwartz to meet Goldman investors
starting after the company's earnings call next month….
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