Goldman Sachs CEO David Solomon is ditching the dancefloor for the buying and selling ground after formally stepping away from his DJing endeavors.
When he wasn’t operating 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. However after a litany of detrimental tales within the media, it appears mounting strain from the corporate’s board has led him to silence the beats to amplify the stability sheets.
In response to the Monetary Occasions, Solomon deserted DJing due partly to criticism of plenty 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 consideration grew to become 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 make cash. He donates all of his music-related earnings to numerous charitable initiatives by way of Payback Data, a label he launched in partnership with Atlantic Data to lift consciousness of America’s opioid epidemic.
Whereas Solomon is urgent pause on his DJing profession, it is not but clear if he has plans to proceed producing and releasing authentic 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 Espresso.
