Blankfein Says His Goldman Departure Must Come Before He's ReadyBy
“The government doesn’t seem that available for me and I’m not sure I want to die at my desk, so that creates a problem,” Blankfein, the Wall Street bank’s chief executive officer, said Thursday at the Boston College Chief Executives Club. “I don’t think I’m destined to leave because I’m finding something else attractive, I just think I’m going to have to have the discipline to leave when I want to stay.”
Blankfein, 63, said a report this month that he had made plans to step down as soon as this year wasn’t correct, but that it may become so once he makes a decision. Last week, Goldman Sachs took steps to name a successor, saying Harvey Schwartz would resign and leave David Solomon as the sole president and chief operating officer, and the most likely heir apparent.
Blankfein said Thursday that he’s been thinking a lot about his 12-year tenure as CEO and that his wife has told him she doesn’t think he should step down. But he isn’t ready to retire for a life of golf, he said.
“I know I want to do something,” Blankfein said. “I’d like to have a runway,” he said, adding, “I’m still looking.”