Goldman staff sometimes helped CEO manage DJ schedule: NYT

Goldman employees sometimes helped CEO David Solomon manage his DJ schedule, report says

It also comes after Solomon released a modest hit over the summer with a remix of a Whitney Houston single,"I Wanna Dance With Somebody ," which has been streamed over 2 million times, the Times said. The publication says that Solomon might have been able to get permission to use the Houston single because of his business connections with Lawrence Mestel, a Goldman client and an executive with ties to the catalogs of major artists, including Houston.

Four sources who have worked with Solomon told the Times that the CEO's hobby could pose a conflict of interest."The reporting is trying to assert that there is overlap or intermingling of David's music activities and his role as C.E.O. of Goldman Sachs," the spokesperson told the Times."It's clear that both David and Goldman Sachs have been scrupulous in keeping the relationship separate.

Those people said Launerts' phone calls were to make sure that Solomon's hobby did not affect his commitments to the bank and involved ideas for promoting music releases and DJ events, the Times said.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

BusinessInsider /  🏆 729. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Carlyle names former Goldman executive Schwartz as CEOPrivate equity firm Carlyle Group Inc on Monday appointed former Goldman Sachs Inc executive Harvey Schwartz as chief executive officer, effective Feb. 15.
Les mer »

Former Goldman exec Harvey Schwartz named CEO of Carlyle GroupSchwartz, 58, retired as Goldman Sachs’ president and co-operating officer in 2018 after a 20-year career at the bank.
Les mer »

Carlyle names former Goldman exec Harvey Schwartz new CEOThe private equity firm, The Carlyle Group, has officially announced former Goldman Sachs Inc executive Harvey Schwartz as the company’s new CEO and will replace co-founder and interim CEO Bill Conway.
Les mer »

Insider Q&A: Lone Star Credit Union CEO on cryptocurrenciesCredit unions have been dipping their toes into cryptocurrency over the past year.
Les mer »

The NYT and Canadian experts say Twitter is not doing enough to curb child exploitationThe NYT found widely shared abusive images on Twitter.
Les mer »