Goldman’s David Solomon toasts 63rd birthday with $39M payday — a 26% bump from last year
The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
Goldman Sachs hikes David Solomon's pay 25% — and offers a sweet stock deal to remain CEO
Goldman Sachs (GS) is locking in CEO David Solomon for at least another five years with a sweet stock deal — along with a big, annual pay increase.
Goldman CEO David Solomon Receives $80 Million Retention Stock Award
Goldman Sachs awards $80 million retention RSUs to CEO David Solomon and COO John Waldron, emphasizing leadership stability, long-term value, and strategic priorities.
Goldman gives David Solomon $80M to stay put
The retention awards are the second in just over three years given to Chief Executive David Solomon and President John Waldron, who is also the chief operating officer. They “reflect the Board’s desire to retain the current CEO and COO as a senior leadership team,” according to a filing Friday.
Goldman Sachs Gives Solomon $80 Million to Stay CEO Five More Years
Goldman Sachs gave Chief Executive David Solomon an $80 million bonus to stay for five more years, ending any lingering questions about his grasp on the Wall Street giant. Solomon had a bruising couple of years at Goldman that cast his longevity as CEO into doubt among many partners after taking over in 2018.
Goldman Raises CEO Solomon’s Pay, Adds Retention Award
Goldman Sachs announcing it is raising CEO David Solomon's pay from 31 million to 39 million. Interestingly, also and very notable, the compensation compensation committee approved with the board just yesterday.
Goldman Sachs hands CEO David Solomon $80mn retention award
Goldman Sachs boosted chief executive David Solomon’s pay by 26 per cent to $39mn and set up $80mn retention plans for him and president John Waldron in an effort to ensure the pair remain at the bank for the next several years.
He’s back! David Solomon gets $80 million bonus after facing doubts in 2023
Two years ago, Goldman Sachs Group Inc. Chief Executive David Solomon was on the ropes after he made the difficult decision ...
Goldman Sachs CEO says that AI can draft 95% of an IPO prospectus in minutes
It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.
Goldman Sachs Gives Solomon $80 Million to Stay
Retention bonus, and big pay raise, quell any more questions about the CEO’s ability to stay in place ...
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Goldman gives Solomon an $80M bonus and a 26% raise
The boost, to $39 million for 2024, makes the CEO the best-paid among the top six U.S. banks. Goldman is also tying four executives’ pay, to a degree, to the banks’ efforts connected with private ...
Goldman Sachs’ David Solomon tells startups to reconsider going public
Goldman Sachs is one of the biggest investment banker “book runners” for IPOs -- where banks are paid many millions of ...
Goldman Sachs Boosts CEO Pay to $39 Million, Lines up Five More Years at Helm
NEW YORK (Reuters) - Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a ...
Two Wall Street bank CEOs remain cautious on the economy. Here’s why.
Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh ...
‘White collar jobs will go first and fast’: Investment banker's warning on AI taking over human jobs
Speaking at the Cisco AI Summit in Palo Alto, Goldman Sachs chief David Solomon had said that the bank is using AI to help ...