Goldman Sachs CEO David Solomon’s Pay Rockets to $35 Million (1)

Goldman Sachs Group Inc. Chief Executive Officer David Solomon jumped alongside Morgan Stanley’s James Gorman as the best-paid CEO at a major U.S. bank after receiving $35 million for 2021

Solomon, 60, will get $12 million in cash and the rest in stock awards, the New York-based firm said Friday in a regulatory filing. That’s double his payout from a year ago, when the board had reduced his package to $17.5 million after requiring him to return a third of his pay as penalty for the bank’s role in an international bribery scandal.

David Solomon

Source: Bloomberg

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