Gary Chropuvka, Tavis Cannell, Gerard Beatty, Aaron Arth and Huntley Garriott are some of the official partners at Goldman Sachs. As per a statement from the company in November, 2014, the total number of partners stands at 467. The company appointed 78 new partners in 2014.
Headquartered in New York, Goldman Sachs was founded in 1869. It is a leading global investment banking, securities and investment management firm. The company caters to a diverse client base including high-net-worth individuals, financial institutions, corporations and governments. It offers a wide range of financial services.
Being promoted to a partner at Goldman Sachs is among the most desired positions on Wall Street. Every two years, a selected few from within the company are promoted to being partners. A process called ?cross-ruffing? is used to critically examine the candidates. Candidates are critically analyzed through a series of lengthy conversations. It is a very secretive process wherein the candidates are not aware of being examined and no actual interviews take place.
The company looks for employees possessing leadership qualities and embodying its business standards and principles. The CEO and/or President personally call the selected candidates and inform them about their appointment. The new role does not have any explicit responsibilities attached to it but comes with a huge pay rise and numerous other perks.