Goldman Sachs’ $50 Million Bonus to CEO and COO Called ‘excessive’

Goldman Sachs’ plan to pay a $30 million one-time bonus to Chief Executive David Solomon and a $20 million bonus to Chief Operating Officer John Waldron is “excessive,” proxy adviser Glass Lewis argued Friday. The shareholder advisory firm told Goldman GS, +2.30% shareholders they should vote against the executive pay package that contains the one-time gift bonuses...
Login to comment.