Goldman M&A Co-Chairman Levy to Retire After 15 Years at Firm

Jack Levy, one of four global co-chairmen of mergers and acquisitions at Goldman Sachs Group Inc., is retiring after 15 years at the firm.

Levy, 61, tended client relationships, shepherded major transactions and mentored many fellow dealmakers, investment bank heads Richard J. Gnodde, David Solomon and John Waldron wrote in a memo announcing the departure. Before arriving in 2000, he spent more than two decades at Merrill Lynch.

“Jack played a critical role building and growing our M&A business,” the executives wrote. “Throughout his career at Goldman Sachs, Jack demonstrated a strong commitment to the firm’s business principles, and especially to providing thoughtful, honest advice to our clients.”

Paul Parker, Tim Ingrassia and Gene Sykes are the other co-chairmen of the mergers and acquisitions business, which is run by Michael Carr, Gilberto Pozzi and Gregg Lemkau. A spokesman for the New York-based company confirmed the contents of the memo, which was reported earlier Tuesday by the Wall Street Journal.

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