Finance

Goldman Sachs loses CFO of Marcus business to JPMorgan Chase

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Sherry Ann Mohan, Managing Director at Goldman Sachs

Source: Goldman Sachs

Goldman Sachs continues to lose key managers at its fledgling consumer banking business.

The chief financial officer for Goldman’s consumer business, which includes its Marcus brand and the Apple Card, is joining JPMorgan Chase, according to an internal memo obtained exclusively by CNBC.

Sherry Ann Mohan is joining JPMorgan as chief financial officer for business banking in August, according to the memo, scheduled to be sent to employees later Friday.

Her departure after nearly 15 years at Goldman is the latest in a string of exits from the investment bank, particularly at its Marcus consumer business. The upheaval…



Source cnbc.com

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