Goldman Sachs Group Inc on Thursday announced its biggest management shakeup since naming David Solomon as Chief Executive Officer Lloyd Blankfein's successor earlier in the year.
The bank named Stephen Scherr as its new finance chief, replacing Martin Chavez. John Waldron was named president and chief operating officer.
Waldron's appointment will be effective Oct. 1 once Solomon takes over, while Scherr will take over the reins from Nov. 5.
Chavez, the company's CFO for the past 16 months, will become vice.....