David Solomon Receives $80 Million Bonus To Continue Leading Goldman Sachs
Goldman Sachs has offered CEO David Solomon a lucrative compensation package to secure his leadership for the next five 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 Solomon $80 Million to Stay
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.
David Solomon scores an $80 million bonus. Doubt surrounded his tenure at Goldman Sachs as recently as 2023.
Wall Street investment bank, whose stock price hit a record high this week, awards CEO Solomon a stock bonus set to vest in 2030.
Goldman pays top two execs $80 million in retention bonuses — signaling a long-term leadership plan
Goldman Sachs' CEO David Solomon's 2024 comp rose 26%. He stands to get $80 million in bonuses over the next five years.
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