Goldman Sachs Group CEO David Solomon's 2019 pay rises 19% to $25M
Goldman Sachs Group reports 2019 executive compensation
By ExecPay News
Published: March 20, 2020
Goldman Sachs Group reported fiscal year 2019 executive compensation information on March 20, 2020.
In 2019, five executives at Goldman Sachs Group received on average a compensation package of $17M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Goldman Sachs Group
David M. Solomon, Chief Executive Officer, received $25M in total, which increased by 19% compared to 2018. 60% of Solomon's compensation, or $15M, was in stock awards. Solomon also received $7.7M in bonus, $296 of change in pension value and nonqualified deferred compensation earnings, $2M in salary, as well as $283K in other compensation.
John E. Waldron, Chief Operating Officer, received a compensation package of $22M, which increased by 32% compared to previous year. 50% of the compensation package, or $11M, was in stock awards.
Stephen M. Scherr, Chief Financial Officer, earned $20M in 2019, a 32% increase compared to previous year.
John F.W. Rogers, EVP, received $11M in 2019.
Karen P. Seymour, General Counsel, earned $8.4M in 2019.
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Source: SEC filing on March 20, 2020.