Goldman Sachs CEO David Solomon dials back DJ hobby after backlash_ report

Goldman Sachs CEO David Solomon has dialed back his DJing hobby following a flurry of criticism that his controversial side gig is distracting to the investment bank’s business, people familiar with his decision told the Financial Times. NY Post Business reporter Shannon Thaler shares this story.

Solomon, known on dance club stages as DJ D-Sol, made the decision to stop spinning records at high-profile events about a year ago after it generated unwanted media attention that correlated Goldman’s pitfalls to its boss’s hobby, the people told FT.

The 61-year-old financier has been spinning records since 2015 — three years before he was named top dog at Goldman.

However, it wasn’t until he stepped into the CEO position that his hobby drew criticism from insiders who had a hard time believing Solomon could diversify Goldman’s business away from investment banking and trading by day while spinning discs at parties by night.

It was in 2019 that his DJing attracted unwanted scrutiny from the investment bank’s board — which Solomon chairs — who weren’t thrilled with his decision to join the lineup at Tomorrowland, FT earlier reported, as the decadent European dance-music festival is known for its undulating throngs of naked, sweaty, drug-fueled revelers.

Read more at https://nypost.com/2023/10/17/goldman-sachs-ceo-david-solomon-dials-back-dj-hobby/

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