From Goldman to Bain, here are 7 of Wall Street’s brightest rising stars

Financial news can get stuck in a rut, and many days the same handful of stories may appear about the same handful of executives. Take Jamie Dimon, chairman and CEO of JPMorgan Chase, and what he’s doing or thinking—or might do or think. Or David Solomon, the CEO of Goldman Sachs, who for much of 2023 endured rumors he may be forced to leave the storied investment bank. Or, more recently, there’s been Jane Fraser, head of Citi, making headlines while trying to overhaul the third-largest bank by assets.

Now, those are important people doing important things, and the coverage is warranted. But for Coins2Day’s “Rising Stars on Wall Street” story, we wanted to see who else we should be taking a closer look at—in other words, who’s got next?

Initially, we focused on execs that were earlier in their careers, maybe a step or two below partner level, but then we realized we might be missing out on the late bloomers—perhaps a mother returning to work or an exec who’s simply flourishing in a new setting. We reached out to investment banks and private equity and venture firms, some of which declined to participate because they didn’t want to elevate one individual above another. We pressed onward.

Jamison Hill, a managing director of Goldman Sachs, immediately stood out for his devotion to giving back. Hill’s parents were the first of their families to graduate from college, a feat that transformed their lives, he said.

“My parents are the American dream and I got to see how powerful that was,” he said. Hill worked at Bain Capital Ventures and Base10 Partners before landing at Goldman Sachs last summer. At Goldman, he focuses on the Inclusive Growth fund, which invests in businesses that focus on the underserved across financial services, healthcare, and education/workforce services. As I wrote:

Hill looks to invest in companies that provide digital banking, brokerage and wealth management services, help consumers and small businesses access their credit, or that ease access to government benefits and public assistance. “I’m giving people the same opportunities that my parents got.”

Another standout we included in the list is Rebecca Liu-Doyle, a managing director with Insight Partners who focuses on software, fintech, and consumer internet. She has made several investments, including Prose, Linktree, and User Testing, and scored some big exits, like Divvy, the fintech that was sold to Bill.com for $2.5 billion in 2021. And Liu-Doyle was the only one of our execs who made the list to note—along with her many successful investments—one not-so-successful deal. Every exec on Wall Street faces bumps, and Liu-Doyle doesn’t back down. “She’s formidable,” a spokeswoman told Coins2Day.

It’s an adjective applicable to everyone on this list. Read the full story here.

Luisa Beltran
[email protected]

Leaderboard

Charles "Chuck" Boynton, CFO at Logitech International (Nasdaq: LOGI), will be departing the company to pursue another career opportunity. Boynton will remain in his role through mid-May. He has been CFO since February 2023. Boynton's successor will be named at a later date, according to the company.

Jason Park, CFO at the digital sports entertainment and gaming company DraftKings Inc. (Nasdaq: DKNG), will become the company’s chief transformation officer, effective May 1, a newly created role. Alan Ellingson, DraftKings’ SVP of finance and analytics, was promoted to CFO. 

Big deal

Mercer's 2024 Global Talent Trends study draws on insights from 845 C-suite executives, 1,920 HR leaders, 9449 employees and 84 investors from across 17 geographies and 16 industries.

One of the key findings is that organizations are increasingly using rewards, not just as talent levers, but to address skills gaps. Forty-five percent of HR leaders report that rewarding skill acquisition has been the number one approach, a big jump from number nine in the 2020 survey. 

However, they still have a way to go in reaching their intended audience. Just 18% of employees surveyed say their organization pays a premium for critical skills.

Going deeper

In the latest episode of Coins2Day’s Leadership Next podcast, Michal Lev-Ram sits down with René Lacerte, CEO and founder of Bill Holdings, to discuss Lacerte’s family history of entrepreneurship and the lessons he has learned at the companies he has founded, including PayCycle (now owned by Intuit) and Bill. They also discuss the unique challenges facing company founders today.

Overheard

"In a pivotal year both for technology and democracy, we are bound to see more highly publicized theatrics in the tussle between regulators and online platforms. Hopefully, the result will be greater legislative clarity and a safer online experience for everyone."

—Olia Valigourskaia, founder and CEO of WebKyte, wrote in a new Coins2Day opinion piece regarding TikTok's trouble in the U.S. And Europe, and the implications for American social apps.