Goldman Sachs names Blankfein to replace Paulson

06/5/2006 | NYTimes.com

Goldman Sachs named president Lloyd Blankfein to be chairman and CEO, succeeding Henry Paulson, who is heading to Washington to assume the role of U.S. Treasury Secretary. Blankfein's appointment ends speculation that Goldman Sachs' board was considering a plan to split the CEO and chairman roles.

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