David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020.
Adam Galacia | CNBC
Goldman Sachs CEO David Solomon got a 20% raise to $27.5 million for his work leading the bank in 2019.
His pay package includes a $2 million annual salary, $7.65 million in a cash bonus, and $17.85 million in performance-linked stock units, the New York-based company disclosed Friday in a filing.
The bank said that Solomon earned a raise from his 2018 compensation of $23 million because he “successfully executed on his priorities in his first full year” leading Goldman, including unveiling a strategic overhaul at the firm’s first investor day in January.