Goldman Trader Who Was Paid $100 Million Since 2020 Is Stepping Down
- Commodities chief Ed Emerson outearned CEO during trading boom
- Emerson oversaw a resurgence of unit after pre-pandemic slump
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One of Goldman Sachs Group Inc.’s highest-paid executives in recent years is stepping down.
Ed Emerson, who leads the commodities-trading business, will stay on as an adviser to help with the transition, according to people with knowledge of the matter. He oversaw the resurgence of the unit — long seen as a crown jewel of the trading operation — after a lean stretch clouded its future.