Overview
- More than 70% of the new managing directors come from revenue-generating franchises such as banking, markets, and asset and wealth management.
- The cohort includes 27% women (172 people), with 31% Asian, 3% Black, and 4% Hispanic/Latinx representation, according to the firm.
- Reporting noted that the share of women is the lowest during David Solomon’s tenure, prompting renewed scrutiny of Goldman's progress on representation.
- The larger class tracks a rebound in dealmaking and trading, with Goldman leading M&A league tables and beating third‑quarter profit expectations.
- Selections followed the bank’s biennial process with more than 6,000 peer interviews, and the class skews to the Americas with an average tenure of about 12 years.