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Thursday, March 3, 2011 GSAM's Distribution Chief Departs Goldman Sachs Asset Management continues to see changes in its top ranks. Steve McGuinness, co-chief operating officer of the investment management unit and global head of distribution, will bid adieu to the firm next month, InvestmentNews reports. McGuinness' co-COO, Eric Lane, will take over his duties, according to the pub, citing people familiar with the situation. McGuinness has been with GSAM for 19 years. GSAM has seen other high-level departures in the last year. In February of last year, Marc Spilker, co-head of GSAM, retired from the firm. Ed Forst, who rejoined Goldman in 2009 after a stint at Harvard University, became the co-head alongside Tim O'Neill. Last December, GSAM's global chief investment officer, Eileen Rominger, left to join the SEC as director of investment management. Printed from: MFWire.com/story.asp?s=36168 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |