Goldman Sachs announces new partner class for 2020

• Goldman Sachs’ new partner class is composed of 60 individuals, and a source told Business Insider that brings the firm’s total partner class to fewer than 440 individuals.
• The class is composed of 16 female partners (27%), 10 Asian partners (17%), four Black partners (7%), and three Latinx partners (5%).

Goldman Sachs announced a new class of partners for 2020 on Thursday afternoon, awarding partner status to 60 new individuals worldwide. Seven out of the 19 new partners in the investment banking division came from the TMT (technology, media, and telecommunications) group, representing a big year for executives in that sector.

Overall, the new partner class is composed of 27% women, 17% Asian partners, 7% Black partners, and 5% Latinx partners, according to Goldman. In total, Goldman says, 47%, or nearly half of the class, falls into diverse categories.

Factoring in the 60 new partners, Goldman’s total partner pool is now composed of 18% women, but certain categories — for instance, Black partners (3%), Latinx partners (2%), and LGBTQ+ partners (1%) — all continue to make up fewer than one in 20 of the class.

Meanwhile, for those who received partnership, the perks are noteworthy: Goldman Sachs partners earn a base pay of approximately $950,000, and includes access to a bonus pool just for the partners to tap into.

Goldman Sachs

Goldman’s new class comes on the heels of a growing number of departures since the firm’s current CEO David Solomon assumed the post from Lloyd Blankfein, his predecessor, in 2018. Indeed, roughly 60 partners had departed the firm as of earlier this year since the November 2018 partner class was announced. 

Read more: Goldman Sachs has lost at least 54 partners since David Solomon became CEO. We’re keeping a running list — and compiling details from insiders about how the exits are being celebrated.

And, as Business Insider has previously reported, Solomon has been interested in reducing the number of partners at the firm in order to make the status more elite and exclusive, awarding partnership to rainmakers as opposed to back-office executives in HR or operations.

Indeed, for context, in 2018, there were 484 partners, but as of Thursday’s announcement, Goldman’s new partner class amounts to fewer than 440, according to a person familiar with the situation, which would equate to roughly 1% of Goldman’s nearly 40,000-employee strong worldwide workforce.

Here’s the full list of Goldman Sachs partners announced on Thursday:

Zachary Ablon, Global Markets, New York

Anne-Victoire Auriault, Global Markets, New York

Jose Barreto, Investment Banking, London

John Brennan, Investment Banking, London

Richard Chambers, Global Markets, New York

Travis Chmelka, Global Markets, New York

William Connolly, Investment Banking, San Francisco

Yasmine Coupal, Investment Banking, San Francisco

Adam Crook, Global Markets, London

Simon Dangoor, Asset Management, London

Rajashree Datta, Risk, New York

Darren Dixon, Global Markets, New York

Lisa Donnelly, Operations, London

David Dubner, Investment Banking, New York

Jane Dunlevie, Investment Banking, San Francisco

Orla Dunne, Engineering, London

Ilya Gaysinskiy, Engineering, Jersey City

Wendy Gorman, Risk, New York

Jett Greenberg, Global Markets, New York

Phillip Han, Global Markets, New York

Michael Hui, Asset Management, Hong Kong

Rajiv Kamilla, Global Markets, New York

David Kamo, Investment Banking, New York

Nimesh Khiroya, Investment Banking, London

Jerry Lee, Investment Banking, New York

Christina Ma, Global Markets, Hong Kong

Hillel Moerman, Asset Management, New York

Aimee Mungovan, Investment Banking, New York

Kaushik Murali, Global Markets, New York

Sara Naison-Tarajano, Consumer & Wealth Management, New York

Mike Nickols, Investment Banking, New York

Ryan Nolan, Investment Banking, San Francisco

Bartosz Ostenda, Investment Banking, San Francisco

David Plutzer, Legal, New York

Nick Pomponi, Investment Banking, New York

Nicole Pullen Ross, Consumer & Wealth Management, New York

Muhammad Qubbaj, Global Markets, New York

Max Ramirez, Asset Management, London

Neema Raphael, Engineering, New York

Riccardo Riboldi, Global Markets, London

Osmin Rivera, Global Markets, New York

Brian Robinson, Global Markets, New York

Cosmo Roe, Investment Banking, New York

Jennifer Roth, Global Markets, New York

Jonathan Rousse, Global Markets, New York

Yassaman Salas, Investment Banking, New York

Gunjan Samtani, Engineering, Bengaluru

Michael Schlee, Compliance, New York

Leonard Seevers, Asset Management, New York

Ales Sladic, Global Markets, Hong Kong

Miruna Stratan, Investment Banking, New York

Michael Ungari, Asset Management, New York

Nicholas van den Arend, Investment Banking, London

Alex von Moll, Global Markets, London

Heather von Zuben, Asset Management, New York

Monali Vora, Asset Management, New York

Michael Voris, Investment Banking, New York

David Wade, Global Markets, London

Karl Wianecki, Asset Management, Jersey City

Mark Wilson, Global Markets, London