Richard Ruzika is leaving the nest.
Richard Ruzika, the influential Goldman Sachs executive who runs the firm’s special situations group, is retiring from the Wall Street bank, according to a memo sent last week to employees. Mr. Ruzika, 51, is a member of the firm’s management committee and is in charge of the special situations group, an elite division that invests in and lends to companies. It is well known for its typically profitably deal on everything from Japanese golf courses to Texas wind-power companies. The unit was previously run by Mark McGoldrick, who was called Goldfinger for his ability to find winning investments for the firm.
“Please join us in thanking Rich for his many contributions to Goldman Sachs and in wishing him and his family all the best in the years ahead,” the firm’s chief executive, Lloyd C. Blankfein, and president, Gary D. Cohn, wrote in a note to employees.
Jason Brown, who has headed special situations in Asia since 2007, will replace Mr. Ruzika. The memo says Mr. Ruzika is retiring and will remain at Goldman for another few months. It is not known what he plans to do next. Mr. Ruzika, through a spokesman, declined to comment.
Goldman's Ruzika To Retire [Dealbook]