"She called me yesterday afternoon and told me that the press coverage of the work she had done previously and of this whole situation had just gotten to a level of noise and distraction that she thought it was distracting the firm," Solomon told CNBC interviere"It was putting her in a position where it was hard for her to execute on her job and her responsibilities, and she just thought it was time to step away."
"As a CEO and a leadership team, we're making real-time decisions with a very valued colleague that we worked with very closely, and that's not an easy thing to work through. There is a lot of nuance to that."
"proud of the way Kathy has handled herself and the way we've worked through this."
Kathy Ruemmler submitted her resignation and will step down in June after thousands of her emails with Jeffrey Epstein surfaced. Those emails and prior contacts, including lavish gifts, occurred before her 2020 arrival as Goldman's general counsel. The resulting media attention created a level of noise and distraction that impeded her ability to execute job responsibilities. Goldman leadership accepted the resignation reluctantly while navigating real-time decisions about a highly valued colleague. Company leadership described the situation as complex and nuanced and expressed pride in Ruemmler's conduct and how the matter was handled. The firm noted that other large organizations have also faced fallout from connections to Jeffrey Epstein.
Read at Business Insider
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