Goldman Sachs veteran Stephanie Cohen resigns
FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo
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(Reuters) -Goldman Sachs’ Stephanie Cohen, global head of platform solutions, became the latest senior executive to depart the Wall Street giant on Monday after a 25-year-long stint.
Cohen, who joined the bank as an analyst in 1999 and was given the prestigious partner rank in 2014, was most recently in charge of the bank’s consumer platforms, an internal memo showed.
The business has been under the spotlight, especially after Goldman decided to scale back its consumer ambitions, which CEO David Solomon had championed for years.
Cohen, who is taking a new role at cloud services company Cloudflare (NYSE:NET), had taken a leave of absence in June.
Her exit adds to a string of high-profile departures from Goldman Sachs in recent months, including global banking and markets co-head Jim Esposito, asset management executive Julian Salisbury and Dina Powell McCormick (NYSE:MKC), former head of the sovereign business.
Cohen will become Cloudflare’s first chief strategy officer, the cloud connectivity company said.
Her departure was first reported by the Wall Street Journal earlier on Monday.
