Workflow
Top Goldman Sachs banker Jim Esposito retires as CEO David Solomon makes clear he's not going anywhere

A top Goldman Sachs banker who was seen as a candidate to one day succeed embattled CEO David Solomon revealed he is retiring — a surprise exit that signals Solomon’s consolidation of power, according to reports.Jim Esposito, 56 — a college wrestling enthusiast who played a key role in the merger of Goldman’s investment banking and trading units — made the decision to leave after it became clear that the path to eventually becoming CEO or president was blocked, according to The Wall Street Journal.Solomon ...