John Hess, CEO of Hess Corp , has joined the board of Goldman Sachs as independent director, the Wall Street firm said on Monday. He is the latest addition to the board after senior banking executive Tom Montag joined as an independent director last year. He will also become a member of the Goldman board's compensation, governance and risk committees, the statement said.
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After a much maligned diversion into retail banking Goldman’s return to its core competencies has helped the bank beat the S&P 500 so far this year.