Seems like the board got tired of their CEO moonlighting as a DJ - makes sense given recent performance. Curious what folks who work at the firm feel about him in general these days / is the DJ hobby an actual internal sticking point?
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You can only imagine how bad news/bonuses are gonna be for him to make the ultimate sacrifice
Well, based on the most helpful WSO content, it seems like there are mixed feelings about David Solomon's DJ hobby. Some people seem to be bothered by it, especially considering the high-pressure environment and long hours that Goldman analysts are known for. They feel it's a bit hypocritical for him to be out DJing while expecting his employees to be grinding away at their desks.
On the other hand, there are those who appreciate his unique hobby and see it as a sign that he's not just a typical CEO. They believe that as long as he's producing results, his personal interests shouldn't be a problem.
However, there have been some concerns raised about his leadership style and the culture at Goldman under his watch. There have been reports of unhappiness among both junior and senior bankers, and some executives have even left the company.
So, while his DJing hobby might be a point of contention for some, it seems like there are bigger issues at play when it comes to how he's perceived internally.
Sources: https://www.wallstreetoasis.com/forum/investment-banking/is-david-solomon-too-big-a-jerk-to-run-goldman-sachs?customgpt=1, https://www.wallstreetoasis.com/forum/investment-banking/goldman-ceo-djing-at-lollapalooza?customgpt=1
I read a surprisingly lot about this, and from what I've heard a bunch of partners from the good old days when Goldman was this secretive, prestigious firm were mad that he didn't have a prestigious hobby like golfing or sailing. Pretty pathetic if you ask me.
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