Goldman CEO retains board and investor backing amid internal backlash

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Goldman CEO retains board and investor backing amid internal backlash
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People familiar with the thinking of several members of the board said they had so far been supportive of David Solomon.

is facing an internal backlash and negative publicity but has for now retained the backing of the Wall Street bank’s directors and some of its top shareholders.

The dissent in the ranks and media coverage is expected to be discussed at a board meeting next month, according to a person briefed on the matter. “They consider themselves a group that is not unduly swayed by public pressure,” the person said. “The question is if in some cases they’ve been too patient and too willing to give the executive team the benefit of the doubt.“

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