The Norway wealth fund has announced its support for a shareholder proposal to split the roles of CEO and chair at Goldman Sachs. The proposal aims to separate the positions currently held by a single individual, a practice that has been a topic of debate in corporate governance.
The fund, known for its significant investments and influence in the financial sector, believes that having separate individuals serve as CEO and chair can lead to better oversight and decision-making within the company. This move is seen as a way to enhance accountability and transparency in the leadership structure of Goldman Sachs.