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Stephen Scherr

Co-President

Pretium

New York, NY, USA

Stephen Scherr

Appian Capital Advisory LLP

Stephen Scherr’s 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... 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. READ MORE VIEW LESS

Stephen Scherr’s Newsfeed

Bloomberg

Wall Street Homebuyers Plan Counter-Offer After Trump Threat

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CNBC

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

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Stephen Scherr’s Background

Pretium

Co-President

Oct 2024 - Present

New York, NY, USA

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.

Hertz Global Holdings

Chairman & CEO

Feb 2022 - Mar 2024

Estero, FL, USA

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.

Goldman Sachs

Chief Financial Officer

Nov 2018 - Dec 2021

New York, NY, USA

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.

Goldman Sachs

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

Jul 2016 - Oct 2018

New York, NY, USA

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.

Goldman Sachs

Chief Strategy Officer

Jun 2014 - Jun 2016

New York, NY, USA

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.

Goldman Sachs

Head | Latin America

Nov 2011 - May 2016

New York, NY, USA

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.

Goldman Sachs

Global Head | Finance Group

Apr 2007 - May 2014

New York, NY, USA

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.

Goldman Sachs

Chief Operating Officer | Investment Banking Division

Dec 2005 - May 2007

New York, NY, USA

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.

Goldman Sachs

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

Jan 1997 - Nov 1998

New York, NY, USA

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.

Goldman Sachs

Financial Institutions Group

May 1993 - Dec 1996

New York, NY, USA

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.

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Stephen Scherr’s Gallery

Board Positions

The Jewish Museum

Board Member

New York, NY, USA

The Jewish Museum is a New York City institution dedicated to the art, culture, and history of Jewish people from ancient to contemporary times.

Council on Foreign Relations

Board Member

The Council on Foreign Relations is an independent, nonpartisan membership organization, think tank, and publisher dedicated to U.S. foreign policy and international affairs.

Philanthropy

The New York Stem Cell Foundation Research Institute

Board Member

New York, NY, USA

The New York Stem Cell Foundation Research Institute is an independent non-profit laboratory devoted to translational stem cell research, using advanced automation, robotics, and collaboration with academic and industry partners to accelerate the development of treatments for major diseases.

Interviews

Bloomberg Surveillance | Stephen Scherr Discusses Housing Affordability

Video Interview

Nov 2025

On Bloomberg Surveillance, Stephen Scherr spoke with Lisa Abramowicz, Jonathan Ferro, and Annmarie Hordern about the forces behind the nation’s housing affordability and supply issues, the experiences of modern renters, and Pretium’s efforts to expand access to quality, affordable rental housing.

The Walker Webcast | Stephen Scherr, Co-President of Pretium

Podcast

Oct 2025

On a special episode of the Walker Webcast, Willy had an in-depth conversation with Stephen Scherr, Co-President of Pretium, recorded live from the 2025 Pretium Symposium.

Awards & Recognition

Children's Cancer Cause

Outstanding Achievement Award

2024

Stephen Scherr and his wife, Susan Scherr, received an Outstanding Achievement Award in recognition of their support for the childhood cancer movement. They were also nominated for their significant contributions to the field.

Stephen Scherr’s Education

Harvard Law School

Juris Doctor

1987 - 1990

Princeton University

Bachelor of Arts

1982 - 1986