Goldman Sachs slashes CEO David Solomons pay by 29% to $25 million

Goldman Sachs slashes CEO David Solomon's pay by 29% to $25 million

NEW YORK (Reuters) – Goldman Sachs Group Inc. slashed compensation for its Chief Executive Officer David Solomon by 29% to $25 million for 2022, the bank said in a filing Friday.

The compensation, which is Solomons lowest since taking the helm in 2018, comprises a $2 million base salary, $6.9 million cash bonus and $16.1 million in restricted stock. He was paid $35 million for 2021.

(Reporting by Lananh Nguyen)

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