Goldman Sachs (GS) is planning to nominate Tom Montag to its board of directors, Joshua Franklin of The Financial Times reports. Montag is a former partner at the firm’s trading division and, up until recently, was a top executive at the Bank of America (BAC). His appointment to the board would bring more trading and risk management expertise, areas the CEO and board members have been trying to address, one person with knowledge of their thinking told the Times.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on GS: