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Goldman CEO Gets Big Pay Boost, and $80 Million Bonus for Another Five Years at Helm
NEW YORK (Reuters) - Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another 5 years.
Goldman Sachs CEO gets big pay boost, and $80 million bonus for another five years at helm
Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.
Goldman CEO Signs on for 5 More Years, Gets $80 Million Bonus
Goldman Sachs CEO David Solomon was awarded an $80 million stock bonus to stay at the helm for another five years, a stark turnaround for a leader whose survival was questioned after the firm’s ill-fated foray into consumer banking.
Goldman Sachs Gives $80 Million in Retention Awards to CEO, Operations Chief
Goldman Sachs Group is giving each of its two top executives $80 million worth of restricted stock units in a bid to keep them in the C-suite.
Goldman Sachs hands chief 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.
Goldman Sachs gives CEO $80M to stay put for another five years, raises pay by 26%
Goldman Sachs (NYSE:GS) chief executive David Solomon was awarded an $80 million stock award to stay at the bank for another five years, it disclosed in a regulatory filing on Friday. John Waldron, Goldman's (GS),
Goldman Sachs awards $80 million in retention grants
Goldman Sachs Group Inc. (NYSE:GS), a prominent player in the Capital Markets industry with a market capitalization of $207 billion, has granted significant retention restricted stock units (RSUs) to its top executives,
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on MSN
Bank of America and Morgan Stanley cement a Wall Street revival
Fourth-quarter 2024 profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street ...
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on MSN
Bank of America Joins Rivals in Topping Q4 Estimates
Bank of America shares rose in premarket trading Thursday as the bank's fourth-quarter results beat analysts' estimates.
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Bank of America sees 116% earnings gain, but stock drops 2%
Bank of America stock, for example, was down 2% after reporting a 116% spike in earnings. M&T Bank, US Bancorp, and PNC ...
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Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from ...
2d
Goldman boosts CEO pay by 26% to $39 million, lines up five more years at helm
NEW YORK (Reuters) -Goldman Sachs raised CEO David Solomon's compensation by 26% to $39 million for last year, according to a ...
3d
Bank of America, Morgan Stanley to Report Earnings After Rivals Set High Bar
Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report ...
3d
on MSN
Bank of America tops estimates on better-than-expected investment banking, interest income
Investors will be keen to hear about the company's target for 2025, especially as expectations for rate cuts have been reined ...
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on MSN
The Score: Goldman Sachs, Nvidia, UnitedHealth and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week’s news.
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on MSN
Wall Street banks JP Morgan, Goldman Sachs post fat profits amid Trump ‘bump’
JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on ...
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Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
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