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Art Industry News: Land of the Rising Son? Sotheby's Owner Patrick Drahi Hires His Own 26-Year-Old to Lead Sotheby's Asia + Other Stories

Art Industry News: Land of the Rising Son? Sotheby's Owner Patrick Drahi Hires His Own 26-Year-Old to Lead Sotheby's Asia + Other Stories
artnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artnet.com Daily Mail and Mail on Sunday newspapers.

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Baby food company Yumi hires Goldman investment banker as CFO

By Reuters Staff
2 Min Read
NEW YORK (Reuters) - The organic baby food subscription company Yumi said on Wednesday that it had hired Goldman Sachs Group Inc investment banker Sarah-Marie Martin to be its chief financial officer.
Martin, a 25-year veteran of the investment banking industry, was a partner and senior banker with Goldman’s financial and strategic investors group.
She is the latest Goldman partner to leave the firm following the departures of Eric Lane, the global co-head of asset management, Karen Seymour, the bank’s general counsel, and others.
Martin is the mother of five children, including three adopted children. She said in an interview that, after a year spent working from home with her family, she was drawn to this job because Yumi makes feeding children healthy food easier on working parents. ....

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Goldman's chief lawyer Karen Seymour departs with senior exits growing at bank

(March 3): Karen Seymour, who sent Martha Stewart to prison as a prosecutor and then went on to help Goldman Sachs executives stay out of trouble, is exiting the bank.
Seymour is leaving as Goldman Sachs Group Inc’s general counsel, one of the most prominent and challenging legal jobs in the corporate world, according to people with knowledge of the matter. She played a crucial role in helping the bank settle criminal probes in the 1MDB scandal last year. Goldman paid US$5 billion in penalties, while avoiding any sanctions that would hobble its operations.
Kathy Ruemmler will take over as the firm’s new top lawyer, the people said, asking not to be identified because the information isn’t public. Ruemmler, a White House counsel during the Obama administration, is currently head of regulatory affairs, helping Goldman navigate agencies in Washington. ....

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Goldman Sachs partners are leaving the bank for hedge funds, PE

When she s leaving: End of March
Where she s headed: Sullivan & Cromwell
Karen Seymour, Goldman s general counsel who helped steer the bank through the headwinds of its damaging 1MDB crisis, is leaving the firm at the end of March. Seymour was also a partner and member of the bank s management committee.
She is returning to the law firm Sullivan & Cromwell, where she will be a partner, according to a memo sent by CEO David Solomon on Wednesday.
Seymour is a veteran of Sullivan & Cromwell, having been a co-managing partner in the firm s litigation group in the past. She also spent time as a prosecutor in the Southern District of New York. Seymour began her career at Sullivan & Cromwell in 1987, according to her LinkedIn page. ....

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Financial Daily Dose 3.3.2021 | Top Story: Rare Merck-J&J Partnership to Boost U.S. Vaccine Production | Robins Kaplan LLP

In a move we hinted at here recently, drug giant Merck is partnering with rival Johnson & Johnson to help produce production of J&J’s single-shot coronavirus vaccine. This unprecedented. ....

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