In the US, Goldman Sachs has announced that CEO David Solomon's total annual compensation rose 20.5 per cent to $47 million for 2025 following a strong year for the bank, HR World reports.
This considerable increase makes Mr Solomon one of the highest-paid chief executives on Wall Street.
The CEO’s compensation reportedly overshadowed that of JPMorgan Chase CEO Jamie Dimon's $43 million package, which represented a hike of slightly more than 10 per cent.
As the head of one of the most prominent Wall Street banks in the US, Mr Solomon's own compensation package included a base salary of $2 million and $45 million in annual variable compensation.
He was paid $31 million in 2023 and $39 million in 2024.
Source: HR World
In the US, Goldman Sachs has announced that CEO David Solomon's total annual compensation rose 20.5 per cent to $47 million for 2025 following a strong year for the bank, HR World reports.
This considerable increase makes Mr Solomon one of the highest-paid chief executives on Wall Street.
The CEO’s compensation reportedly overshadowed that of JPMorgan Chase CEO Jamie Dimon's $43 million package, which represented a hike of slightly more than 10 per cent.
As the head of one of the most prominent Wall Street banks in the US, Mr Solomon's own compensation package included a base salary of $2 million and $45 million in annual variable compensation.
He was paid $31 million in 2023 and $39 million in 2024.
Source: HR World