Governance & regulatory pressure — Mittal retirement and confirmed GC exit
Key Questions
When is Lakshmi Mittal retiring from Goldman Sachs?
Mittal is set to retire at the 2026 Annual General Meeting.
What bonuses were disclosed in Goldman Sachs' DEF 14A filing?
The DEF 14A filing revealed $80 million in bonuses.
Who is exiting as General Counsel and when?
Kathy Ruemmler is confirmed to exit as General Counsel on June 30.
Where is Goldman Sachs talent moving to?
Talent has been moving to competitors like JPMorgan and Bank of America.
What regulatory pressures is Goldman Sachs facing?
Goldman Sachs faces pressures from Fed/Basel ($219B), DOL QPAM/FCPA, advisor arbitration ($1.6B), and issues in Paris; monitor SEC filings, proxy, and successor announcements.
Mittal retires 2026 AGM; DEF 14A $80M bonuses; Ruemmler exit Jun30; talent to JPM/BofA; advisor arb $1.6B; Fed/Basel $219B; DOL QPAM/FCPA; Paris; AI Partner Vemulapalli hire counters churn. Monitor SEC/proxy/successor.
Sources (4)
Updated Apr 8, 2026