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Goldman Sachs names Denis Coleman new CFO as 28-year veteran Scherr retires

Coleman will take over from Stephen Scherr in January

Stephen Scherr is set to retire after three decades at Goldman Sachs
Stephen Scherr is set to retire after three decades at Goldman Sachs Photo: Alex Kraus/Getty Images

Goldman Sachs named the co-head of its global financing group as its new chief financial officer, as Stephen Scherr steps down after nearly 30 years at the US banking giant.

Denis Coleman will take over as CFO in January next year, the bank said in a statement, in the latest senior change at Goldman, which has named new leaders of the majority of its main business units over the past year. He will move to deputy CFO until that time.

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