New York (Dec. 19, 2003) — On the heels of the approval of sweeping reforms to its governance structure, the New York Stock Exchange appointed Goldman Sachs president and chief operating officer John A. Thain as chief executive officer and a member of its board.
Thain, 48, assumes the post Jan. 15, replacing John S. Reed, who has served as interim chairman and CEO since Sept. 30. Reed will stay on as interim chairman until a new one is appointed. Thain has been president and chief operating officer of Goldman Sachs Group Inc. since July. He served as president and co-chief operating officer from May 1999 to June 2003, and has been a director at the firm since 1998. He previously served as president and co-COO of The Goldman Sachs Group L.P. and as chief financial officer and head of operations, technology and finance, as well as co-CEO for European operations.
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