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EXCLUSIVE - Goldman names Chavez CIO as Scopellite retires -memos

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Reuters NEW YORK

NEW YORK (Reuters) - Goldman Sachs Group Inc Chief Information Officer Steven Scopellite is retiring and will be replaced by R. Martin Chavez, who is currently co-chief operating officer of equities, according to internal memos viewed by Reuters.

Chavez, who was trained as a quantitative analyst, will oversee both the bank's technology and its team of quants - referred to as "strats" internally - in a dual role.

In a third memo, Goldman also said it will promote Don Duet and Paul Walker to become co-heads of technology, reporting to Chavez.

A spokesman confirmed the contents of the memos.

(Reporting by Lauren Tara LaCapra; Editing by Gerald E. McCormick)

 

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First Published: Sep 16 2013 | 8:46 PM IST

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