Goldman’s Scherr Is Part of Adams’s NYC Transition Team

(Bloomberg) -- New York City Mayor-elect Eric Adams announced his transition team, leaning on business and union leaders to shape his new administration.

Co-chairs include outgoing Goldman Sachs Group Inc. Chief Financial Officer Stephen Scherr as well as former Infor Chief Executive Officer Charles Phillips, who was a high-ranking member of ex-Citigroup executive Ray McGuire’s mayoral campaign. Adams also named Kyle Bragg, president of 32BJ SEIU, and Rich Maroko, president of the Hotel Trades Council, who were early supporters and represent two of the city’s biggest unions. 

“I’m proud of the diversity,” Adams said Wednesday on WNYC Radio. “We have a large number of people from the private sector, the business sector, those who are service providers. It’s a reflection on how I am looking to govern.”

The transition will be led by United Way of New York City CEO and President Sheena Wright and nine co-chairs “who represent the breadth of diversity and talent in New York City, including top leaders from the worlds of government, labor, business and advocacy,” according to a statement from Adams’s office. They will work over the next seven weeks to help hire staff and spell out the priorities of the incoming administration.

The nonprofit world is also well-represented in the mayor-elect’s transition leadership. Darren Walker, president of the Ford Foundation; Sharon Greenberger, president and CEO of YMCA of Greater New York; and Steven Choi, who runs the Mike Novogratz-backed group One for Democracy, are among the appointments.

Other co-chairs include David Lee, chair of the League of Asian Americans of New York; and City University of New York Chancellor Felix Matos Rodriguez.

The full list of transition members will be announced soon, according to the Adams statement.

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