As rumored last month, Goldman Sachs March 13 said it has brought in ex-Treasury aide and White House press secretary Jake Siewert to replace its exiting communications chief.
Siewert |
Siewert takes the title of managing director and global head of communications for the bank as Goldman partner and global communications head Lucas van Praag, who is retiring at 62.
Reports indicated Siewert was also considering a post at PepsiCo, where earlier this month Julie Hamp left the revamping food and beverage giant as its chief communications officer.
Siewert’s talks with Goldman were first reported in February by Bloomberg but the move was announced by the firm this week.
Siewert was VP of global communications for Alcoa in 2001 after serving as the last White House press secretary for President Bill Clinton and from 2009-11 advised Treasury Secretary Timothy Geithner.
Goldman took a PR hit today when a 12-year employee penned an op-ed in the New York Times declaring "the environment now is as toxic and destructive as I have ever seen it."