Goldman Banker Who Had Solomon Wear Lululemon to Win IPO Retires

Goldman Sachs Group Inc. banker Kathy Elsesser is exiting her senior perch at the Wall Street firm after a more than 30-year run.

Elsesser, 56, was the chair of the consumer retail and health-care banking group. She joined Goldman Sachs in 1989 after graduating from Boston College. The veteran banker thought it would be a pit stop that would bring her to New York while she applied to law schools. But after briefly leaving to attend business school, she spent the rest of her career at the Wall Street titan.

Kathy Elsesser

Photographer: Andrew Harrer/Bloomberg

She was also a driving force behind a piece ...