Goldman Sachs Legal Chief Ruemmler Gets Boost in Annual Pay

March 19, 2024, 6:42 PM UTC

The Goldman Sachs Group Inc.’s chief legal officer and general counsel Kathryn Ruemmler saw her pay rise 33% last year, putting her in line with other senior executives at the financial services giant.

Ruemmler received $16 million in total annual compensation during 2023, according to a March 15 proxy filing by Goldman, up from $12 million the year prior. The sum includes $8.7 million in performance-based restricted stock units, $5.8 million in cash, and a $1.5 million annual base salary.

Her pay raise came as Goldman saw profits plunge last year with capital markets activity quiet and a failed foray ...

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