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H. Lee Scott, Jr. Will Not Stand for Re-Election to the Goldman Sachs Board of Directors

  //business-finance.news-articles.net/content/201 .. ion-to-the-goldman-sachs-board-of-directors.html
  Published in Business and Finance on Thursday, March 17th 2011 at 13:50 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--The Goldman Sachs Group, Inc. (NYSE: GS) today announced that H. Lee Scott, Jr. has decided not to stand for re-election to the Board of Directors at the 2011 Annual Meeting of Shareholders as a result of increasing time requirements associated with his other commitments.

"Lee made an important contribution to our Board and the firm during a challenging period"

aLee made an important contribution to our Board and the firm during a challenging period,a said Lloyd C. Blankfein, Chairman and CEO of The Goldman Sachs Group, Inc. aI am particularly grateful for the enormous time and effort he committed to the Boarda™s efforts related to the Business Standards Committee.a

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.