Blankfein Tells Board He's in for Two More Years
After the financial media furor over a possible Blankfein exit earlier this year, some sources close to Goldman Sachs' main man are saying that actually, he plans to stay for another two years.
Blankfein has "told investors and board members that he isn't expected to relinquish power in the near term," the New York Post reports.
If he did stay until 2013, that would make Blankfein the bank's longest running CEOsince the firm went public in 1999.
As it stands, this month is Lloyd's five year anniversary as CEO of Goldman .
Plus, insiders, as we know already, are devotees of their chief.
"I don't think he's going anywhere, and the board [of directors] has been really supportive of what he's been through and how he navigated the crisis," an inside source told the NYP.
This story originally appeared on Business InsiderRead more from Business Insider:
- Why One Of The World's Biggest China Bulls Is Getting Worried
- Why Maverick Capital Is Wildly Bullish On China
- Here's What All The Speculation Ahead Of The Big Glencore IPO Is About
- Dennis Gartman Puts A Huge BUY Rating On Obama, And Predicts 50% Upside
Questions? Comments? Email us atNetNet@cnbc.com
Follow NetNet on Twitter @ twitter.com/CNBCnetnet
Facebook us @ www.facebook.com/NetNetCNBC