Feb 4 (Reuters) - Goldman Sachs ( GS ) is bringing back
Nick Giovanni, who spent more than 20 years at the Wall Street
giant in a prior stint, according to an internal memo seen by
Reuters on Tuesday.
Giovanni will rejoin Goldman later this month as a partner
in the technology, media and telecommunications group of the
investment banking segment, the memo said.
He left Goldman in 2021 to become the chief financial
officer of grocery delivery platform Instacart, where
he contributed to the company's efforts to list on the Nasdaq.
He departed Instacart last year.
"Having operated as a tech executive for the past few years,
I hope to bring a new level of insight and empathy to the work
in addition to new, innovative solutions that help founders,
companies and investors achieve their goals," Giovanni said in a
LinkedIn post.
During his previous tenure at Goldman, he worked on some of
the biggest deals and public offerings for clients including
Airbnb ( ABNB ), DoorDash ( DASH ) and X, formerly known as
Twitter.
A Goldman spokesperson confirmed the contents of the memo.
The move was first reported by the New York Times DealBook.
(Reporting by Niket Nishant in Bengaluru and Saeed Azhar in New
York; Editing by Shinjini Ganguli)