Private Equity
David M. Solomon, Goldman’s president, is likely to be named chief executive officer by the end of this year, reports Kate Kelly of the NYT. He is already structuring his senior management team, Ms. Kelly reports, citing people familiar with the firm’s plans. • Mr. Blankfein’s exit will likely take place in conjunction with the firm’s annual dinner for retired partners in December. Mr. Solomon would step in shortly after that. • Mr. Solomon is starting to sketch out the possibilities for a new management team.

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