Stephen M. Scherr Named Chief Strategy Officer At Goldman Sachs

Goldman Sachs named Stephen M. Scherr as new chief strategy officer, replacing Andrew A. Chisholm, who had worked at the firm for nearly 30 years and is retiring at the end of the year. Chisholm joined Goldman in 1985 and joined the firm’s financial institutions group while working in the investment bank’s London office. He returned to the United States to lead the financial institutions team globally in 2003, and then was named senior strategy officer in 2012.

Scherr has served in a number of positions at the bank, including chief operating officer for the investment banking division.