David Solomon, chief govt Goldman Sachs
Picture:
Bryan van der Beek/Bloomberg Information
Goldman Sachs Group Inc.
GS 1.75%
doubled Chief Govt
David Solomon’s
pay in 2021 after the Wall Road agency posted a file annual revenue.
Mr. Solomon acquired a $35 million pay package deal for 2021, the financial institution stated in a securities submitting Friday. That’s up from $17.5 million in 2020, when Goldman reduce his pay by $10 million following the financial institution’s admission that it broke U.S. legal guidelines in its dealings with an funding fund on the coronary heart of a world corruption ring.
Mr. Solomon’s 2021 pay package deal consisted of a $2 million base wage, a money bonus of about $10 million and a $23.1 million inventory award that’s tied to how effectively the financial institution performs within the subsequent few years.
Write to Charley Grant at [email protected]
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