Anjali Sundaram | CNBC
Goldman Sachs CEO David Solomon has employed one other senior govt from the know-how sector.
The funding financial institution is including Alphabet’s Jared Cohen, a protege of former Google CEO Eric Schmidt and founding father of Jigsaw, an incubator on the tech large, to assist begin a brand new innovation group, Solomon stated Tuesday in a memo obtained by CNBC.
It is the newest step Solomon has taken to inject a know-how focus into the 153-year-old funding financial institution. The group, referred to as the workplace of utilized innovation, shall be led by Cohen and co-chief data officer George Lee. In 2019, Solomon employed former Amazon Internet Providers govt Marco Argenti as co-chief data officer.
“Working intently with leaders throughout Goldman Sachs, George and Jared will particularly determine and advance business alternatives for the agency which might be on the intersection of a altering world market, shifts within the geopolitical panorama and quickly evolving know-how,” Solomon stated. They’ll report on to Solomon.
Cohen is becoming a member of New York-based Goldman at its senior-most rank: He’ll be a associate and administration committee member and also will function president of world affairs, Solomon stated.
The strikes depart Argenti as sole chief data officer, beginning in October, he added.