Inside Goldman, A Battle Over CEO Succession Brews

Goldman Sachs CEO Lloyd Blankfein is feeling pretty cocky these days, and having survived four years of post-financial crisis tumult and investigations, he’s telling people he expects to be around in the top job for some time.

All of which has sparked a nasty power struggle among warring camps inside the big Wall Street firm as to who will be Blankfein’s long-term successor, FOX Business has learned.

If Blankfein should leave tomorrow his 'emergency' replacement would be Goldman’s president, chief operating officer and Blankfein’s number-two, Gary Cohn, according to people with knowledge of the matter.

But these sources say Goldman's longer-term succession plan is more uncertain; that’s where Cohn is locked in an intense battle with J. Michael Evans, a vice chairman who made his mark inside the firm running Goldman's successful Asian unit, people close to the firm add.

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Inside Goldman, A Battle Over CEO Succession Brews

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