Goldman Sachs appoints Coleman as new CFO, replacing Scherr By Reuters – Investing.com

Goldman Sachs appoints Coleman as new CFO, replacing Scherr By Reuters – Investing.com

By Elizabeth Dilts Marshall

NEW YORK (Reuters) - Goldman Sachs Group Inc (NYSE:) plans to replace its finance chief at year-end, with Denis Coleman taking over from current CFO Stephen Scherr, according to an internal memo dated Tuesday and seen by Reuters.

Coleman, 47, is co-head of the global financing group in Goldman's investment banking division, a role his two predecessors had before becoming CFO. He becomes Scherr’s deputy CFO immediately.