Former Goldman Sachs CEO Lloyd Blankfein stated he could not think of going back to his old company, contesting a report that stated Blankfein provided to return in some capability.
The New York Times piece “misquoted” the previous executive, Blankfein informed CNBC Monday in a telephone call.
The Times reported Friday that Blankfein informed his follower, David Solomon, in a June call that he was growing restless with the company’s development. He might go back to assist their efforts, the Times reported.
“My conversation with him was, I offered to be helpful,” stated Blankfein, who revealed assistance forSolomon “I never used the word ‘return’.”
A New York Times agent didn’t instantly return an ask for remark.
Solomon, who took over from Blankfein in October 2018, has actually been under fire for months for an unfortunate customer banking effort. Current and previous Goldman executives have actually dripped harmful information to journalism about losses connected to the method, in addition to awkward anecdotes about Solomon’s management design and DJ pastime.
When asked if he would go back to helm Goldman, as CEOs at Disney and Starbucks have actually performed in current years, Blankfein chuckled and stated it never ever showed up in discussion.
“I can’t imagine returning to the firm,” Blankfein stated. “I think my days working 100-hour weeks are over.”
Blankfein then stated he could not speak even more as he remained in the middle of among his retirement pursuits– playing a round of golf.
