Goldman Sachs said on Wednesday that Michael Bosworth has been named acting general counsel and will join the firm's core executive leadership team, succeeding Kathryn Ruemmler, who left the role effective June 30.
Ruemmler resigned earlier this year from her positions as chief legal officer and general counsel after documents released by the U.S. Justice Department indicated she had accepted gifts from the late Jeffrey Epstein and had provided him advice on how to handle media inquiries tied to his crimes. Her resignation became effective June 30, according to the announcement.
The bank noted that Ruemmler will appear before the U.S. House Oversight Committee, which is conducting an investigation into Epstein, and is scheduled to testify in mid July.
Separately, U.S. Democratic lawmakers including Elizabeth Warren and Raja Krishnamoorthi raised concerns with Goldman Sachs CEO David Solomon about reports that Ruemmler might be retained as an adviser to the firm despite her reported links to Epstein. Goldman Sachs has declined to comment on whether she will take on an advisory role.
In addition to naming Bosworth as acting general counsel, the firm updated its list of executive officers on its website to include Ericka Leslie, who serves as chief administrative officer.
The changes were reflected on Goldman Sachs' public executive roster, which now shows Bosworth in the acting general counsel role and lists Leslie among the bank's executive officers.
This personnel shift follows the publication of Justice Department documents that prompted Ruemmler's resignation and the subsequent scrutiny from lawmakers and the congressional oversight process. The firm has not provided further comment on the nature of any future advisory arrangements involving Ruemmler.
Context and procedural notes
The actions described above stem directly from the disclosures contained in Justice Department documents and the resulting political and oversight attention. The timing noted in the firm's announcement places Bosworth's appointment after Ruemmler's resignation took effect on June 30 and precedes her scheduled testimony before Congress in mid July.
No additional details were provided by Goldman Sachs about Bosworth's interim tenure, any permanent appointment timeline, or the scope of duties should an advisory arrangement for Ruemmler be pursued.