The following e-mail was sent to all Goldman Sachs employees globally today:

Today, we are pleased to announce that 638 individuals across 54 offices have been invited to become managing directors as of January 1, 2026.

The Managing Director Class of 2025 comprises leaders at Goldman Sachs who have made a significant impact on our business and our people. They have helped strengthen our core franchises, with a focus on serving our clients with excellence and operating at scale, while leading and developing strong teams globally. 

 

We expect that our new managing directors will continue to protect the firm’s culture and our core values of partnership, client service, integrity, and excellence – reinforcing the firm’s high standards as we aspire to be best in class in everything we do.  

Please join us in congratulating the Managing Director Class of 2025 on this tremendous achievement. We wish them continued success.

These decisions are extremely difficult, and this year was no exception. We would like to acknowledge those not selected this year and their continued contributions to their teams and the firm.

David Solomon

John Waldron