09:37 AM EDT, 03/18/2024 (MT Newswires) -- Cloudflare ( NET ) has hired Goldman Sachs ( GS ) executive Stephanie Cohen as chief strategy officer, The Wall Street Journal reported Monday, citing unnamed people familiar with the matter.

Cohen joined Goldman in 1999 and was named partner in 2014. She ran the firm's Platform Solutions division, the report said.

According to the Journal, Cohen is not expected to return to Goldman after being on leave for personal reasons since June.

One source told WSJ that during her leave, Cohen sought career advice from people, including Cloudflare ( NET ) Chief Executive Matthew Prince. In recent months, Prince suggested Cohen to join his firm, the report said.

Cohen did not immediately reply to a request for comment. Cloudflare ( NET ) and Goldman Sachs ( GS ) also did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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