The Next Goldman C.E.O. Could Be a Banker Who Moonlights as a D.J.

The most closely watched contest on Wall Street appears to have been settled.

Goldman Sachs Group said on Monday that Harvey M. Schwartz would retire, likely clearing the way for his fellow president and co-chief operating officer, David M. Solomon, to become the company’s next chief executive.

The surprise announcement reflected a decision by Goldman’s board of directors in late February to anoint Mr. Solomon as the eventual successor to the bank’s current chief executive, Lloyd C. Blankfein, according to people briefed on the board’s decision.

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