Goldman Sachs Veteran Michael Carr Dies At 68 After Illness

Michael Carr, a longtime senior investment banker at Goldman Sachs who played a leading role in some of the firm’s biggest mergers and acquisitions over the past two decades, has died at the age of 68. Carr died on May 12 at Mount Sinai Hospital in Manhattan, according to his daughter, Alexandra Carr. She said he had recently been diagnosed with a neurodegenerative disease and suffered a series of complications in recent weeks.

Carr joined Goldman Sachs as a partner in 1998, just one year before the investment banking giant became a publicly traded company. Over the course of his career, he rose through the ranks to become one of the firm’s most influential dealmakers, helping oversee major corporate transactions during periods of rapid growth in global mergers and acquisitions activity. He retired as a partner in 2022 and continued to serve as an advisory director through 2024.

In a memo to employees seen by Bloomberg News, Goldman Sachs Chief Executive Officer David Solomon described Carr as both an exceptional leader and a generous colleague. Solomon said Carr had earned the respect of clients and employees alike during his decades at the firm and was known for his kindness and mentorship across the organization.

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Carr became global co-head of mergers and acquisitions in 2015 and later served as co-chair of global M&A beginning in 2020. During his tenure, Goldman Sachs advised on several landmark corporate deals, including CVS Health’s $70 billion acquisition of Aetna and AbbVie’s $63 billion purchase of Allergan. Earlier in his career, Carr also oversaw Goldman’s advisory business across Asia outside Japan while based in Hong Kong from 2000 to 2004.

Born in Hollywood, California, on March 13, 1958, Michael John Carr was the son of physician Richard Carr and Helen Heinze. He attended Choate Rosemary Hall and later served as chairman of the school’s board of trustees for eight years. Carr graduated from Wesleyan University in 1980 before earning his MBA from the Wharton School in 1985. He began his Wall Street career at Salomon Brothers before moving to Goldman Sachs in 1998 during a period of major consolidation in the banking industry.

Outside of finance, Carr was known for his passion for skiing, his support for the New York Giants and his appreciation for the music of Grateful Dead. He is survived by his wife, Shelley, daughters Alexandra and Elisabeth, and sons-in-law Nick Ribovich and Alec Dunn.

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