Goldman Sachs CEO David Solomon is ditching the dancefloor for the buying and selling flooring after formally stepping away from his DJing endeavors.
When he wasn’t working Goldman Sachs, one of many world’s largest funding banking enterprises, he was concurrently pursuing a profession as a DJ and music producer below his D-Sol moniker. But after a litany of destructive tales within the media, it appears mounting stress from the corporate’s board has led him to silence the beats to amplify the stability sheets.
According to the Financial Times, Solomon deserted DJing due partly to criticism of a lot of his performances, the optics of which stirred controversy and have become inextricably linked to Goldman’s monetary pitfalls. In 2019, his high-profile reserving at Tomorrowland is alleged to have drawn the ire of the agency’s board, who reportedly conflated the enduring EDM competition with drug tradition, per FT.
“Music was not a distraction from David’s work,” mentioned Tony Fratto, a Goldman Sachs spokesperson. “The media attention became a distraction.”
David Solomon/Instagram
Solomon, who in 2022 banked $25 million as Goldman’s chief govt, wasn’t within the digital music enterprise to become profitable. He donates all of his music-related earnings to numerous charitable initiatives by way of Payback Records, a label he launched in partnership with Atlantic Records to increase consciousness of America’s opioid epidemic.
While Solomon is urgent pause on his DJing profession, it is not but clear if he has plans to proceed producing and releasing unique music. He has a handful of serious releases below his belt, together with collaborations with prolific OneRepublic frontman Ryan Tedder and chart-topping singer-songwriter Aloe Blacc.
D-Sol’s final efficiency was in July 2022, when he appeared at Chicago’s iconic Lollapalooza competition on a invoice that included dance music superstars Kaskade, Rezz, ZHU and Black Coffee.
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