Goldman Sachs’s head of human resources, Edith Cooper, is set to retire at the end of the year, according to an internal memo seen by Reuters.
Under Cooper, Goldman has significantly changed the way it recruits and attracts talent since the financial crisis.
Cooper, who worked at Goldman for 21 years and is one of the most senior black women on Wall Street, will be replaced by Dane Holmes, the firm’s head of investor relations.
Edith Cooper was named partner in 2000, and is a member of the bank’s management committee.
“During her nine years as head of HCM, Edith modernized the ways in which we recruit, develop and retain our people, enhancing our world-class talent organization,” Goldman Sachs CEO Lloyd Blankfein said in a memo.
“Through her commitment to enhancing the professional experience of our people and maximizing their talents and potential, Edith has helped to make Goldman Sachs a great place to work,” he added.
Edith Cooper served nine years as Goldman’s head of capital management, where she helped the firm to modernize its hiring practices. This included use of technology like video interviews to help Goldman reach more applicants.
Dane Holmes, will become head of human capital management effective January 1. Pine Street is the firm’s leadership development group for partners and select managing directors.
He will be replaced in his role as head of investor relations by Heather Kennedy Miner. Most recently, she served as global head of Strategic Advisory Solutions in Goldman Sachs Asset Management (GSAM).