Goldman Sachs COO Kathy Ruemmler Resigns Amid Epstein Correspondence: June 30

Goldman Sachs general counsel Kathy Ruemmler (GS) announced her resignation following the release of emails and documents showing close往来 with convicted sex offender Jeffrey Epstein. The trove of roughly 8,400 records, reviewed by The Associated Press, depicted frequent personal exchanges, gifts including a Hermes handbag, Apple Watch, and Fendi coat, and advice on public defense. The firm requires pre-approval for gifts from clients to avoid conflicts and allegations of impropriety. Ruemmler, who joined Goldman in 2020 and was COO since 2021, said in a statement her focus was on the firm’s legal, reputational, and regulatory matters and its core value of integrity. Goldman CEO David Solomon (GS) praised her decision, and the firm said she will wind down responsibilities to ensure a smooth transition. Her last day is June 30, 2026.