Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.
Goldman Sachs (GS) is locking in CEO David Solomon for at least another five years with a sweet stock deal — along with a big, annual pay increase.
Wall Street investment bank, whose stock price hit a record high this week, awards CEO Solomon a stock bonus set to vest in 2030.
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Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.
Goldman Sachs chief David Solomon has warned private companies to take “great caution” before deciding to go public, adding that the depth of capital in private markets has removed the need for many to list at all.
Goldman Sachs Group Inc. otorgó a sus dos principales ejecutivos bonos de retención valorados en US$80 millones cada uno y lanzó un programa para dar a sus directivos una parte de los intereses devengados de los fondos de capital riesgo,
Goldman Sachs' credit-card partnership with Apple may end before its contract runs out in 2030, Goldman CEO David Solomon said on Wednesday.
Retention bonus, and big pay raise, quell any more questions about the CEO’s ability to stay in place
Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another 5 years.
"People are going to lose a lot of money in the stock market over the next 2-3 years," warns Bill Smead.