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Goldman Sachs Boosts CEO Pay to $39 Million Amid Strong Revenue

1/17/2025

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Summary

Story summary

Goldman Sachs raised CEO David Solomon's 2024 compensation to $39 million, marking a 26% increase from 2023.
Solomon and President John Waldron received $80 million in restricted stock units, vesting over five years, to promote leadership stability.
The bank's net revenues surpassed $53 billion for 2024, showcasing robust financial performance.
A new carried interest program ties executive pay to the performance of the bank's alternatives business.

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Story summary

Goldman Sachs raised CEO David Solomon's 2024 compensation to $39 million, marking a 26% increase from 2023.
Solomon and President John Waldron received $80 million in restricted stock units, vesting over five years, to promote leadership stability.
The bank's net revenues surpassed $53 billion for 2024, showcasing robust financial performance.
A new carried interest program ties executive pay to the performance of the bank's alternatives business.