Goldman Sachs Announces CFO Transition and Board Appointment

Goldman Sachs Group, Inc. has announced a significant change in its leadership team, with Harvey M. Schwartz set to take over as Chief Financial Officer at the end of January 2013. This move comes as David Viniar, who has served as the Chief Financial Officer for 12 years, has decided to retire and join the Board of Directors as a non-independent director at that time. The firm also plans to appoint additional independent directors to its board in the near future.Lloyd C. Blankfein, Chairman and CEO of Goldman Sachs, expressed his confidence in the transition, stating,...