Russell Horwitz, Goldman Sachs Chief of Staff, to Depart at the End of June
Russell Horwitz, the Chief of Staff at Goldman Sachs, is set to leave his position at the end of June, as announced in a memo seen by Banking Dive.
A Long-Standing Career at Goldman Sachs
Horwitz has had a remarkable career at Goldman Sachs, spanning nearly two decades. He initially joined the bank in 2004 as a speechwriter for then-CEO Hank Paulson. Over the years, he rose through the ranks to become the Chief of Staff for the CEO under Lloyd Blankfein.
After leaving Goldman in 2020, where he served as the Deputy Chief of Staff, Horwitz returned to the company in 2023 to take on the role of Chief of Staff.
Key Responsibilities and Impact
As Chief of Staff, Horwitz has overseen the operations of Goldman’s executive office, including corporate communications, government and regulatory affairs, and corporate engagement. His contributions have had a significant impact on the bank, as highlighted by Goldman CEO David Solomon.
According to Solomon, Horwitz’s insights and advice have been invaluable in addressing crucial issues affecting Goldman Sachs, its clients, and its global workforce.
A Distinguished Career Path
Prior to his tenure at Goldman Sachs, Horwitz held key positions, including serving as a special assistant to the national economic adviser and deputy director of communications research at the White House. He also worked at the Securities and Exchange Commission.
During his time away from Goldman, Horwitz served as Citadel’s Chief Global Affairs Officer, where he was responsible for various crucial functions, such as communications, marketing, regulatory affairs, and philanthropy.
Transition and Legacy
Following his departure from Goldman Sachs, Horwitz is set to become an advisory director at the bank. Despite leaving his current role, his legacy and contributions are expected to have a lasting impact on the organization.
Horwitz’s departure coincides with another significant change at Goldman Sachs, as the bank’s Chief Legal Officer, Kathryn Ruemmler, announced her resignation earlier this year amid revelations about her connections to Jeffrey Epstein.
Horwitz’s departure marks the end of an era at Goldman Sachs, with his expertise and experience leaving a void that will be challenging to fill.
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