Goldman CEO's Loyal Deputy Is Tested by Mutinous Partners

The transcript discusses John Waldron's position at Goldman Sachs, highlighting his career path and the challenges he faces as a potential successor to CEO David Solomon. It explores the risks of being a long-time deputy, drawing parallels with Gary Cohn's experience. While Solomon's leadership is criticized for personality issues, Waldron is seen as more well-liked, aligning with Solomon on strategy but facing uncertainty in succession.

What is the main challenge John Waldron faces in his career at Goldman Sachs?

• Being seen as a potential CEO successor

• Listening to frustrations across the firm

• Breaking ranks with the CEO

• Climbing the Wall Street ladder

What historical example is used to illustrate the risks of being a long-time deputy?

• John Waldron's early career

• Lloyd Blankfein's leadership

• Gary Cohn's experience

• David Solomon's career

What is a significant risk for anyone who has been a long-time #2 in a corporation?

• Failing in fundraising efforts

• Being seen as a permanent deputy

• Facing personality criticisms

• Losing client trust

What are the criticisms of David Solomon primarily based on?

• His investment decisions

• His fundraising efforts

• His personality

• His business strategies

How is John Waldron perceived within Goldman Sachs compared to David Solomon?

• More well-liked

• Less strategic

• Less experienced

• Equally criticized