Angle down icon An icon in the shape of an angle pointing down. Some investors want the three Wall Street leaders to only be CEO, not chair of their boards. Lester Cohen/Getty Images; Thos Robinson/Getty Images; John Lamparski/Getty Images
- Goldman Sachs, BlackRock, and Bank of America all face similar shareholder proposals this year.
- Some investors want to split up the dual CEO-chairman role, so one person can’t have all the power.
- Even if these proposals succeed, researchers are skeptical that separate jobs make companies better.
A trio of top Wall Street bosses is facing investor agitation this spring over their jobs.
Investors at Goldman Sachs, BlackRock, and Bank of America have proposed splitting up the CEO-chairman roles held by David Solomon, Larry Fink, and Brian Moynihan, respectively, in this year’s slate of shareholder proposals. The attempts to add more…
