Top Goldman US Stock Strategist David Kostin to Retire This Year

Goldman Sachs Group Inc.’s chief US equity strategist, David Kostin, is set to retire at the end of the year after more than three decades with the investment bank.

The strategist, who joined Goldman in 1994 and moved to the portfolio strategy team in 2004, will be replaced by Ben Snider, according to a memo seen by Bloomberg News.

David Kostin

Photographer: Victor J. Blue/Bloomberg

“It’s been an honor to have this position,” Kostin said in an interview. “It’s a super fast-paced culture at the bank, where you work with a lot of extraordinary people. There are high standards, and the market’s ...