Source: Business Insider
Adam Korn, head of securities division engineering and a key exec in the bank’s strategy to use technology platforms to distribute insight and trading prowess, is retiring, according to a memo from the securities division co-heads. Korn has spent 18 years at Goldman Sachs, the last nine as a partner. He will stay on as an advisory director and continue helping with the strategy for Marquee, the firm’s institutional trading platform. Click here for more BI Prime content . Goldman Sachs is losing another long-time partner as the firm’s partnership ranks continue to shrink under CEO David Solomon. Adam Korn, global head of securities division engineering and a chief architect of the firm’s institutional trading platform known as Marquee, is retiring after nine years as a partner, according to a memo yesterday. Korn will stay on as an advisory director and continue working on the strategy for Marquee, states the memo signed by securities division co-heads Ashok Varadhan, Marc Nachmann, and Jim Esposito.