It’s October 2018 and Goldman Sachs Group Inc GS just appointed David Solomon as CEO of the $130.8 billion company with $2.5 trillion in assets under management.

Since then, Solomon has accomplished much: He reorganized the company and set about improving diversity within its ranks, urging the bank’s recruiters to recruit at least 50% of new hires from women.

Goldman recently reported that his latest partnership class included a record number of women. But the internal culture — and the $12 million hush payment to an executive — tells a different, disturbing story.

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What happened: Around the same time Solomon joined Goldman and was promoting diversity at the prominent Wall Street bank, Goldman paid out over $12 million to a veteran executive who complained internally about a toxic workplace for women two years ago.

Solomon was also named in the complaint.

The ex-partner described a management culture in which men are treated better and paid less than women. To demonstrate that the company provides lower compensation packages to women, the lawsuit included examples of wage inequality.

And there were other instances of derogatory comments from other managers, such as B. the former head of investment research Steven Stronginand a lewd joke by Solomon.

The CEO was not the target of the complaint, but it detailed how he allegedly boasted to a group of male colleagues that he was probably the only one there who had performed oral sex the night before.

Corresponding Bloomberg Citing unnamed sources familiar with the lawsuit, male executives have criticized the weight and cleavage of the bank’s female employees.

They claim some bosses have offered advice on how to look better, including training schedules.

In one case, men compared women to flight crews at a conference to discuss gender issues and urged senior women to bring coffee or do other menial jobs.

In the…