Goldman Sachs’ HR chief Dane Holmes is leaving the Wall Street bank and it shows how the bank is thinning its partner ranks

Dane Holmes

Goldman Sachs’ HR chief Dane Holmes is leaving the bank after 18 years.
He leaves amid a broader shakeup among Goldman’s most senior employees, known as partners.
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Goldman Sachs’ head of human resourcesDane Holmes is leaving the Wall Street firm at the end of the year.

Holmes has been in his current seat since 2017 after leading Pine Street, the bank’s leadership development group. He also served as Goldman’s head of investor relations, and held positions in investment banking and credit risk management.

He joined Goldman in 2001, and was named managing director in 2004 and partner in 2010.

Holmes is joining a startup in a senior role, according to a person familiar with Holmes’ plans, who declined to give more details on the new position.

Read more: Marty Chavez is retiring from Goldman Sachs. We chatted with him about the bank’s tech transformation, why now is the right time for him to step down, and what he’s planning next.

Holmes is just the latest partner to exit Goldman in recent days. On Thursday, the bank said that co-chief information officer Elisha Wiesel would be leaving, and will be replaced by former Amazon Web Services executive Marco Argenti.

Marty Chavez, the bank’s technology evangelist and cohead of the securities division, also said last week that he will retire at the end of the year.

David Solomon has been cleaning house a year into his tenure as Goldman CEO, with roughly 50 partners — the most senior employees at the bank — announcing their intentions to leave since the end of 2018. The partnership is now around 450 people. Solomon has been trimming those ranks and making the partnership more exclusive, including leaning towards individuals who are in revenue-producing roles.

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Source:: Business Insider


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