Stephen Scherr

Stephen Scherr

Co-President

New York, US

Profile Verified by The Marque

Last Updated: 22 Sep 2026

In Their Own Right

Biography

Stephen Scherr is a leader with more than 30 years of experience in financial services and consumer-facing businesses, including nearly three decades at Goldman Sachs. He currently serves as co-president of Pretium, a specialized investment firm focused on residential real estate equity and debt, as well as residential credit. In this role, he is a member of Pretium’s Executive Committee and Board of Directors, helping shape the firm’s strategic vision, investment approach, and organizational advancement. Stephen was chief financial officer of Goldman Sachs from 2018 through 2021, after serving as chief strategy officer of the firm, during which time the bank undertook considerable growth across new and existing businesses. He was a long-standing member of the firm’s Management Committee, led the Firmwide Risk Committee for many years and managed several of the firm’s most important businesses during his tenure. Following his career at Goldman Sachs, Stephen was Chairman and CEO of the Hertz Corporation from 2022 to 2024.

Stephen serves on the boards of the Jewish Museum and the New York Stem Cell Foundation. He is also a member of the Council on Foreign Relations. Stephen earned an AB from the Woodrow Wilson School of Public and International Affairs at Princeton University in 1986 and a JD from Harvard Law School in 1990.

The Record

Background

  • 2024 — Present

    Co-President

    Pretium

    Pretium is a specialized investment firm focused on U.S. residential real estate, real estate debt, residential credit, and corporate credit. As Co-President, Scherr helps guide the firm’s strategic direction, investment focus, and organizational development.

  • 2022 — 2024

    Chairman & CEO

    Hertz Global Holdings

    Hertz is a global vehicle rental company that provides car and fleet rental services to consumers and businesses across international markets. As Chairman and CEO, Scherr was focused on transforming the company into a global leader in shared mobility, electrification, and digital-first customer experience.

  • 2018 — 2021

    Chief Financial Officer

    Goldman Sachs

    As Chief Financial Officer of Goldman Sachs, Scherr was responsible for the firm’s financial planning and analysis, capital and liquidity management, risk oversight, operational and technology functions, and supporting strategic growth across global businesses.

  • 2016 — 2018

    CEO of GS Bank USA | Head of Consumer & Commercial Banking

    Goldman Sachs

    As CEO of Goldman Sachs Bank USA and Head of Consumer & Commercial Banking, Scherr led Goldman Sachs’ U.S. banking operations, overseeing consumer and commercial banking products, digital banking initiatives, and the growth of the firm’s client-facing financial services.

  • 2014 — 2016

    Chief Strategy Officer

    Goldman Sachs

    As CEO of Goldman Sachs Bank USA and Head of Consumer & Commercial Banking, Scherr led Goldman Sachs’ U.S. banking operations, overseeing consumer and commercial banking products, digital banking initiatives, and the growth of the firm’s client-facing financial services.

  • 2011 — 2016

    Head | Latin America

    Goldman Sachs

    As Head of Latin America at Goldman Sachs, Scherr oversaw the firm’s regional business operations, client relationships, and strategic initiatives across the Latin American market.

  • 2007 — 2014

    Global Head | Finance Group

    Goldman Sachs

    As Global Head of the Finance Group, Scherr led Goldman Sachs’ worldwide financing operations, including capital markets transactions, lending, balance sheet management, and the development of global financing strategies.

  • 2005 — 2007

    Chief Operating Officer | Investment Banking Division

    Goldman Sachs

    As Chief Operating Officer of the Investment Banking Division, Scherr managed the division’s day-to-day operations, overseeing processes, risk management, and coordination across business lines to support global investment banking activities.

  • 1997 — 1998

    Emerging Markets/Capital Markets | Fixed Income, Currency & Commodities Division

    Goldman Sachs

    In his role in Emerging Markets and Capital Markets within the Fixed Income, Currency & Commodities Division, Scherr managed client coverage and trading activities across global emerging markets, overseeing strategy, risk, and execution in fixed income, currencies, and commodities.

  • 1993 — 1996

    Financial Institutions Group

    Goldman Sachs

    In the Financial Institutions Group, Scherr advised and managed relationships with banks, insurance companies, and other financial institutions, providing strategic guidance, capital markets solutions, and financing structures to support growth and operational objectives.

In The News

Newsfeed

  • 12 January 2026 · Bloomberg

    Wall Street Homebuyers Plan Counter-Offer After Trump Threat

    Read more
  • 9 January 2026 · CNBC

    Watch CNBC’s full interview with Pretium Co-President Stephen Scherr

    Read more
  • 7 October 2024 · PR Newswire

    Stephen M. Scherr Joins Pretium as Co-President to Partner with Jonathan Pruzan

    Read more

Formative Years

Education

  • Harvard Law School

    Juris Doctor

    1987 — 1990

  • Princeton University

    Bachelor of Arts

    1982 — 1986

Areas Of Focus

Expertise

  • Financial Services
  • Real Estate & Property
  • Automotive
  • Corporate Strategy
  • Healthcare
  • Investment Management
  • Risk Management
  • The Arts