Published 1 year ago

Goldman Sachs CEO pay drops 30% after profit falls 48% and share price loses 10% in tough 2022

Summary by Ground News

Goldman Sachs CEO David Solomon will get a $25 million compensation package for his work last year, the bank said Friday in a regulatory filing.

0 Articles

All

Left

Center

Right

Reuters

Goldman Sachs CEO touts bank performance as some investors balk

To listen to Goldman Sachs Group Inc Chief Executive David Solomon, the bank is doing "great," while skeptical investors wonder what comes next.

1 year ago·United Kingdom

Read Full Article

CNN

Goldman Sachs CEO got 30% pay cut -- but still made $25 million

Goldman Sachs had a rough year in 2022. And CEO David Solomon was punished for that. Sort of.

1 year ago·Atlanta, United States

Read Full Article

New York Post

Goldman Sachs cuts CEO David Solomon’s pay 30% as bank fires thousands

Goldman Sachs cut Chief Executive David Solomon's pay to $25 million in 2022 -- a 30% drop from a year earlier as the bank lays off thousands of workers amid slumping revenues and flopped business ventures that have included a push into consumer banking.

1 year ago·New York, United States

Read Full Article

CNBC

Goldman Sachs CEO David Solomon gets 29% pay cut to $25 million after tough year

While the bank was hit by industrywide slowdowns in capital markets activity last year, CEO David Solomon also faced his own set of issues.

1 year ago·United States

Read Full Article

Bloomberg

Goldman Sachs Cuts CEO David Solomon’s Pay About 30%

Goldman Sachs cut CEO David Solomon’s compensation by about 30% to $25 million for 2022. The package includes a $2 million base salary and $23 million in variable compensation, with $16.1 million of that in the form of restricted stock units. Sonali Basak reports on "Bloomberg Markets: European Close." (Source: Bloomberg)

1 year ago·United States

Read Full Article