Former Goldman Sachs CEO Lloyd Blankfein mentioned he could not think about returning to his previous agency, disputing a information report that mentioned Blankfein supplied to return in some capability.
The New York Occasions piece “misquoted” Blankfein informed CNBC Monday in a cellphone dialog.
The Occasions reported Friday that Blankfein informed his successor, David Solomon, in a June cellphone name that he was rising impatient with the agency’s progress. He might return to assist their efforts, the Occasions reported.
“My dialog with him was, I supplied to be useful,” mentioned Blankfein, who expressed help for Solomon. “I by no means used the phrase ‘return’.”
A New York Occasions consultant did not instantly return a request for remark.
Solomon, who took over from Blankfein in October 2018, has been below hearth for months for an ill-fated client banking effort. Present and former Goldman executives have leaked damaging particulars to the press about losses tied to the technique, in addition to embarrassing anecdotes about Solomon’s management model and DJ pastime.
When requested if he would return to helm Goldman, as CEOs at Disney and Starbucks have finished in recent times, Blankfein laughed and mentioned it by no means got here up in dialog.
“I can not think about returning to the agency,” Blankfein mentioned. “I feel my days working 100-hour weeks are over.”
Blankfein then mentioned he could not converse additional as he was within the midst of one among his retirement pursuits — enjoying a spherical of golf.