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Goldman Sachs, David Solomon
Goldman Sachs Boosts CEO Pay to $39 Million, Lines up Five More Years at Helm
NEW YORK (Reuters) - Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another 5 years.
Goldman Sachs Gives Solomon $80 Million to Stay CEO Five More Years
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.
Goldman Sachs hands CEO David Solomon $80mn retention award
Goldman Sachs boosted chief executive David Solomon’s pay by 26 per cent to $39mn and set up $80mn retention plans for him and president John Waldron in an effort to ensure the pair remain at the bank for the next several years.
Goldman gives David Solomon $80M to stay put
Goldman Sachs Group handed its top two executives retention awards valued at $80 million each and launched a program to give its leaders a slice of carried interest earned on private equity funds as it tries to compete on pay with top alternative-asset managers.
Goldman Sachs raises CEO Solomon's annual compensation to $39 million
The Board of Goldman Sachs has decided to increase the total annual compensation for CEO David Solomon to $39 million for 2024, up from $31 million in 2023, based on the recommendation of the Compensation Committee.
Goldman Sachs profit hits over 3-year high
Goldman Sachs Earnings: Profit Surges, Powered by Investment Banking
Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking. Profit jumped 105% to $4.11 billion. That amounted to $11.95 per share, which was far better than the $8.
Goldman Sachs beats profit estimates as investment banking, trading fuel bumper quarter
Goldman Sachs posted its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading.
Goldman Sachs Full-Year Profit Rises 68%
Goldman Sachs drove $14.28 billion of profit in 2024, up 68% from the year earlier, reflecting gains in investment banking and trading. Fourth-quarter per-share earnings of $11.95 handily topped analysts’ estimates of $8.
4h
Goldman Sachs Q4 Earnings: Business Downtrends Reversed, Industry Leadership Clear
The Goldman Sachs Group, Inc.'s solid revenue growth, low expenses, and high profit margins make it a top choice for value ...
1d
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
3h
Goldman’s board gives Solomon 129m reasons to stay put
Goldman Sachs handed its top two executives retention awards worth $129 million to encourage them to keep working at the firm ...
1d
on MSN
Goldman Sachs soars on Q4 earnings, CEO sounds caution on Trump tariff and immigration plans
Goldman’s profit roughly doubled in Q4 thanks in large part to surging revenues from deal-making, underwriting, and trading.
1d
JPMorgan Chase and Goldman Sachs Post Surging Profits
Activity on Wall Street helped buoy the bank’s fourth-quarter earnings.
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