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Goldman's HR chief Cooper to retire: memo

Published 09/11/2017, 12:44 PM
Updated 09/11/2017, 12:50 PM
© Reuters.  Goldman's HR chief Cooper to retire: memo
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By Olivia Oran

(Reuters) - Goldman Sachs Group Inc's (N:GS) head of human resources, Edith Cooper, is retiring from the bank 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.

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.

Cooper was also involved in a push to improve working conditions for junior staff in the investment bank.

Cooper was named partner in 2000, and is a member of the bank's management committee.

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