The Biggest CEO Departures in Recent Years And Why They Happened

Lloyd Blankfein And Goldman Sachs

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Photo by John Moore via Getty Images
Photo by John Moore via Getty Images

Lloyd Blankfein remained the CEO of Goldman Sachs for 12 years and decided to step down from the company in 2018 after his long tenure. Over the years, Blankfein grew through the ranks at the prestigious bank from VP to President and COO.

However, when Blankfein left the firm, the share price of the company was down 33 percent and they were entangled in a controversy that involved allegations the company was involved in a money-laundering scheme from a Malaysian Fund. Lloyd Blankfein was replaced by David Solomon.