Partners collectively owned about 7.2 percent of the firm’s stock as of Jan. 26, according to a Feb. 9 regulatory filing. The stake has dropped from more than 11 percent at the beginning of 2014.
Goldman Sachs profit fell 5 percent in the first nine months of 2016 to $5.05 billion. The bank set aside 41 percent of revenue for employee pay, an increase over the 40 percent put away for the same period last year. Return on equity, a measure of how well a company reinvests profit to generate additional earnings, was 8.7 percent through the first nine months, down from as high as 33 percent before the crisis.
The following is the list of those named to become partners as of Jan. 1:
Nicole AgnewAndrew Bagley Jonathan Barry Jonathan Bayliss Deborah Beckmann Michael Bruun Robert Camacho David Casner Kenneth CastelinoChristian Channell Massimiliano CiardiDavid Coulson Chris Crampton Canute Dalmasse Michael Daum Jennifer Davis David Fox Andrew FryCharlie GailliotGabriel GelmanJoshua GlassmanCourt Golumbic Parameswaran GopikrishnanSarah Gray Carey Halio Brian HaufrectPeter Hermann Amanda HindlianHarold Hope III Erdit HoxhaKathleen HughesRussell HutchinsonOmer IsmailGeraldine Keefe Andre KellenersAasem KhalilSimon KingsburyKathryn KochTuan LamDavid LangBruce Larson Gavin Leo-RhynieTim Li Paget MacCollClifton MarriottElizabeth MartinJason MathewsAlexander MayerBrendan McGovernSean McHughCéline-Marie MéchainJung MinSam MorganEdward Gary MorseHeather MulahasaniDimitrios NikolakopoulosMichael Paese Kim-Thu PosnettAlexander PotterMacario PrietoXiao QinPadideh RaphaelMarko RatesicLawrence Restieri, Jr.Jason RoweDavid Rusoff Maheshwar SaireddyThierry Sancier Jason Savarese John Sawtell Stacy Selig Tejas ShahNicholas Sims Nishi SomaiyaLi Hui Suo* Aurora Swithenbank Christopher TaendlerRichard TaylorDavid Thomas Andrew Tilton Peter van der Goes, Jr. Damien VanderwiltPeter Weidman Neil Wolitzer
*Employee of Goldman Sachs Gao Hua Securities Company Limited
This article was provided by Bloomberg News.