Goldman Sachs Kicks off Managing Director Promotions Across Wall Street

Business Insider, Emmalyse Brownstein, November 1, 2023

November, 2023

In the Media

BUSINESS INSIDER: Goldman Sachs is about to kick off a cascade of managing director promotions across Wall Street, and the battle for power could be fiercer than ever. Jeanne E. Branthover, Managing Partner, Global Financial Services/Fintech, shares her insights on why getting promoted to managing director in the finance industry is like “being part of a club:”

“Becoming a managing director is a huge deal. It is what these people have worked for literally all the time. That’s their goal.”

“Once you become an MD, you’re going to be making a lot more money. And the reason you’re
going to be making a lot more money is because you’re supposed to make a significant impact on
the revenue generation of the firm.”

Read the article here.

Stay Connected

Insights in your inbox