Rich Talent Group CEO Nicole Reboe on Key Diversity Trends in Executive Hiring

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Goldman Sachs is promoting the smallest proportion of women to managing director since 2018, with only 27% of the new class being women, compared to 31% in the previous year, sparking concerns about diversity trends in executive hiring.

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Market impact analysis based on bearish sentiment with 77% confidence.

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Bearish
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77%

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Goldman Sachs Group Inc. is promoting the smallest proportion of women to managing director since Chief Executive Officer David Solomon took the top job in 2018. Women comprise 27% of Goldman’s new managing director class, according to numbers released by the firm earlier this month. That compares with 31% in the last set of managing director promotions in 2023. Nicole Reboe, the CEO of Rich Talent Group, discusses whether she sees trends like this playing out across the broader business landscape, and why it remains critical for corporate leaders to continue pursuing a diverse mix of talent. Nicole speaks with Carol Massar, Tim Stenovec and Bloomberg News Managing Diversity Reporter Jeff Green on Bloomberg Businessweek Daily. (Source: Bloomberg)

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Original article published by Bloomberg on November 16, 2025.
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