What's the Difference Between President and COO?

John Waldron is a busy man. He’s almost a year into his role as Goldman Sachs COO and President, and he’s also a father of six. In this episode, Waldron demystifies his day-to-day and explains why he’s even more focused on executing on the title “COO” than “president.” “My role right now really is to first learn the firm and understand the inner workings of the firm, and so that’s a really operationally intensive job, thus the chief operating officer component,” says Waldron. “The president job comes into play more on an external basis where you’re out with clients, with governments, with regulators and other external constituencies where that title has real resonance.” Waldron also discusses how younger employees can identify and invest in mentors, as well as the importance of recharging out of the office. For Waldron, that means getting home for dinner with his family if he has to head out to a client event later in the evening. “I’ll have a little bit of peanut butter and jelly and then I’ll have a steak tartare later on,” he tells podcast host Jake Siewert. 

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