Goldman Sachs CEO: Women Progress ‘‘Slowly Enough’’ to Fit 90% Men Era
In a dazzling display of corporate candor, Goldman Sachs CEO David Solomon admitted on October 2025 at the Economic Club of Washington that the investment bank has 'made progress' on hiring women but candidly 'not enough.' Apparently, climbing Goldman’s ladder is a 'long, long road,' especially since Solomon's own training class from 40+ years ago was 90% men, proving true the corporate time warp. A 2023 internal memo confessed 'progress has been slow' after a Wall Street Journal report shone a spotlight on the stark female leadership drought. Out of a record 608 managing directors, only 31% were women, while just 26 of 95 new partners were ladies, reminding us that the 'golden' in Goldman really refers to its outdated gender equity speed. Meanwhile, despite estimates that around 41–43% of US employees are women, about two-thirds of female partners when Solomon took over in 2018 have since exited, crunchy reminders that promotion dances here may have more steps backward than forward.
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Source: Businessinsider | Published: 10/31/2025 | Author: Alice Tecotzky