View Full Version : Goldman Sachs Board Member Resigns

09-30-2008, 12:14 PM
Goldman Sachs board member resigns
30th September 2008
By Staff Writer
American investment bank The Goldman Sachs Group has announced that Edward Liddy resigned as a member of its board of directors to pursue a new role as chairman and CEO of American International Group.

Mr Liddy been a director of Goldman Sachs since June 2003. During that time, he served as chairman of the audit committee and as a member of the corporate governance and nominating committee and the compensation committee.

Lloyd Blankfein, chairman and CEO of The Goldman Sachs Group, said: "Ed has played an invaluable role on our board over the last five years. His judgment, financial acumen and deep interest in the culture of our firm have benefited our people and our shareholders. While we are sorry he can no longer serve on our board, we are proud that Ed is taking on such an important responsibility during this critical time."