Goldman Plans to Remove Diversity Criteria for Board Roles

Goldman Sachs Group Inc. is planning to remove diversity criteria from factors considered in identifying potential board candidates, according to a person familiar with the matter.

The bank is considering the change following a request last September from the National Legal and Policy Center, a nonprofit that has opposed DEI rules, said the person, asking not to be identified citing private discussions. The bank is expected to remove race, gender identity, sexual orientation and other diversity factors from the measures its board considers, said the person.