Goldman Sachs Boosts CEO Solomon’s Pay 21% to $47 Million (1)

Goldman Sachs Group Inc. boosted Chief Executive Officer David Solomon’s pay to $47 million, his biggest award ever and capping a year in which the investment bank’s shares soared and its leader reasserted his control at the top.

The board handed Solomon a $2 million base salary and $45 million as a bonus in the form of shares, cash and carried interest, according to a filing Friday. That’s a 21% increase from his 2024 pay, when he was awarded a $39 million package, as well as a major multiyear retention bonus.

David Solomon

Photographer: Al Drago/Bloomberg

The figure came in higher than the ...