(Bloomberg) -- Ken Hitchner, Goldman Sachs Group Inc.'s chairman and chief executive officer for the Asia-Pacific region outside Japan, is retiring after almost three decades with the firm, people with knowledge of the matter said.
Hitchner, 58, will continue in his Hong Kong-based role until mid-2019, said one of the people, who asked not to be identified discussing private information. He moved to Asia almost six years ago and was promoted to his current position in September 2017. A representative for Goldman declined to comment.
A former U.S. Navy pilot, Hitchner joined Goldman in 1991 and has served as global head of the health care banking group and global co-head of technology, media and telecom. He has advised clients including Johnson & Johnson on its $19.7 billion takeover of Synthes Inc. in 2012. He was named managing director in 2000 and partner in 2002.
Hitchner's departure will leave Todd Leland and James Paradise, the co-presidents for Asia outside Japan, as Goldman's most senior executives in the region.
--With assistance from Manuel Baigorri.
To contact the reporters on this story: Philip Lagerkranser in Hong Kong at lagerkranser@bloomberg.net;Cathy Chan in Hong Kong at kchan14@bloomberg.net;Elffie Chew in Kuala Lumpur at echew16@bloomberg.net
To contact the editor responsible for this story: Sam Mamudi at smamudi@bloomberg.net
©2019 Bloomberg L.P.
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