Congratulations to our 1,481 new vice presidents and executive directors, whose recent promotions reflect their commitment to delivering the best of Goldman Sachs to clients around the world.
Noteworthy that 39% joined as campus hires. An analyst campus hire would normally have to wait 2-3 years to be promoted as an associate. Typically, a second year analyst decides if applying to business school (often to explore a career change) is a better choice, and some return as associates to the same bank. Associates can be promoted to VPs within 2-4 years depending on the team/division. Therefore, the 39% retention rate after 4-7 years for VPs is the key stat that I-banks are trying to address with posts such as this in social media. Without a deep bench, elite teams eventually are overpowered by their competitors. Whereas once upon a time lateral hires were few and far apart, today, they appear to be the norm. Exhibit 1: CEO David Solomon left Bears Stearns to join Goldman as a partner in the leveraged finance team in 1999 (his second time applying to join the private firm back then).
A huge congratulations to all 1,481 newly promoted Vice Presidents and Executive Directors. These numbers reflect more than internal growth—they signal the continued strength of Goldman Sachs’ global talent engine. From an investor’s perspective, what stands out is the geographic balance: nearly half of the promotions in the Americas, with strong representation across EMEA and APAC. This distribution underscores where the firm is seeing sustained demand, expanding advisory needs, and long-term market opportunity. In my view, moments like this remind us that behind every market cycle, every transaction, and every innovation, it’s people who ultimately move the industry forward. Talent remains the most important differentiator in financial services. Congratulations to everyone stepping into these new leadership roles—well deserved.
Always impressive to see this many people advance — but the quiet truth is that mass promotions at the top of finance don’t answer the deeper question everyone avoids: What does upward mobility mean in an era where the ladder gets narrower every year? 1,481 new VPs and EDs signals strength inside the institution, but it also exposes a reality the industry rarely acknowledges: titles are expanding faster than the pathways for meaningful impact. If promotions are becoming the new retention strategy, then the real test isn’t how many leaders are created, but how much autonomy, innovation, and cultural reinvention those leaders are actually empowered to deliver. Because in today’s world, titles don’t move markets — ideas do. And every institution, even one as influential as Goldman, will eventually have to reckon with whether it’s rewarding true leadership… or just minting new labels for the same system.
Congratulations Bradley Hauptman!!!!
Huge 💃🏽💃🏽⚘️🌷🌺
Congratulations
Fantastic news! Always inspiring to see talented professionals move up and take on greater responsibility.
Goldman Sachs Asset Management
1dTillykke Mads Kofoed !