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Goldman gives David Solomon $80M
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.
David Solomon scores an $80 million bonus. Doubt surrounded his tenure at Goldman Sachs as recently as 2023.
Wall Street investment bank, whose stock price hit a record high this week, awards CEO Solomon a stock bonus set to vest in 2030.
Goldman Sachs hands chief 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.
9h
Wall Street banks had a great quarter, and the boom times are just starting
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to ...
15h
on MSN
Two Wall Street bank CEOs remain cautious on the economy. Here’s why.
Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh ...
8h
AI is doing 95% of the work on an IPO prospectus, Goldman Sachs CEO says
The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.
Observer
3h
Wall Street CEOs Are Eagerly Awaiting Trump’s Pro-Business Policies
Expectations for a pro-business climate under the incoming Trump administration has lifted the spirits of major bank ...
2d
on MSN
Wall Street banks JP Morgan, Goldman Sachs post fat profits amid Trump ‘bump’
JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on ...
3h
Goldman Sachs CEO gets big pay boost, and $80 million bonus for another five years at helm
Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.
1d
on MSN
Top Wall Street bank unleashes small business playbook for Trump admin to 'fuel economic opportunity'
Goldman Sachs unveiled a “Winning Strategies to Drive Economic Growth" playbook outlining the best ways that the upcoming ...
8h
on MSN
Goldman’s David Solomon toasts 63rd birthday with $39M payday — a 26% bump from last year
The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
2d
Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from ...
1d
Shares of Goldman Sachs rise to a record high as Wall Street cheers strong Q4
Goldman Sachs Group Inc.'s stock was up 1.3% to $614 a share on Thursday, a record stock price for the investment bank, a day after its stronger-than-expected fourth-quarter profit. If the gains hold ...
1d
on MSN
JPMorgan Chase and Goldman Sachs Post Surging Profits
Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan ...
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