Goldman Sachs Names Its Largest Partner Class Since 2010
The incoming group is 15% larger than the 95 executives promoted in 2024. Once the appointments take effect, Goldman will have more than 500 partners, about 1% of its workforce of more than 47,000 employees.</p><p>Asset and Wealth Management accounts for 30% of the new class, while 13 engineers were promoted, a record for the firm. The appointments reflect the bank’s focus on technology, including artificial intelligence, as well as the growing role of fee-generating wealth and asset management.</p><p>Goldman did not provide a gender or racial breakdown of the incoming class, unlike in 2024. Executives cited a changed legal environment when asked about the missing figures. The bank did say that, starting January 1, it will have more than 100 women among its partners.</p><p>The new partners have spent an average of 17 years at Goldman. Twenty-eight percent began as summer interns, and 39% joined through campus hiring. Sixty-two are located in the Americas, 27 in Europe, the Middle East and Africa, and 20 in Asia Pacific.</p><p>Partnership brings influence within the firm and access to performance-based compensation. The class announcement follows a tradition of selecting new partners every two years.</p>
Goldman Drops Partner Diversity Data as DEI Faces Political Pressure
Goldman Sachs has withheld the diversity figures it disclosed for its previous partner class, as political and legal pressure on corporate DEI programs grows. The bank named 109 executives to its partnership on November 5, 2026, its largest class since 2010, but gave no racial or gender breakdown.</p><p>Executives cited a changed legal environment when asked about the omission. In 2024, women made up 27% of the new partners, while 6% were Hispanic or Latino and 4% were Black. This time, Goldman offered only one gender-related milestone: it expects to have more than 100 women among its partners from January 1.</p><p>The bank’s decision matters because the partnership is a powerful, exclusive tier within a workforce of more than 47,000. The incoming class will bring the total number of partners above 500, or about 1% of employees.</p><p>The promotions also show where Goldman is placing emphasis: 30% of the class comes from Asset and Wealth Management, and a record 13 engineers were elevated as the firm incorporates artificial intelligence. The new partners average 17 years at the bank.</p><p>Goldman has supplied no new demographic figures to show who benefits from its selection process. Its January milestone for women does not replace a full account of the class’s makeup.</p>
Goldman Avoids Diversity Figures as Legal Risks Reshape Corporate Policy
Goldman Sachs declined to publish demographic figures for its newest partner class, a move executives linked to a changed legal environment for companies. The bank elevated 109 employees on November 5, 2026, its largest class since 2010, and said the appointments take effect January 1.</p><p>The omission contrasts with the 2024 class, for which Goldman disclosed that 27% of new partners were women, 6% Hispanic or Latino and 4% Black. The bank did say it will have more than 100 female partners once the new appointments begin.</p><p>In a climate of heightened scrutiny over workplace diversity programs and legal exposure, companies face pressure to ensure that advancement decisions are based on fair, defensible criteria. Goldman’s stated reason for withholding the figures underscores how the legal environment is shaping corporate disclosures.</p><p>The class also reflects the firm’s business priorities. Asset and Wealth Management accounts for 30% of the incoming partners, and 13 engineers were elevated, more than in any previous class, as Goldman integrates artificial intelligence. The group averages 17 years at the bank.</p><p>More than 500 people will be partners after the promotions, roughly 1% of Goldman’s workforce. The bank has not released a demographic breakdown of the new class.</p>
Reported by Business Insider, New York Post.
