MINT·2026-01-24 06:47Group 1 - Goldman Sachs CEO David Solomon's compensation for 2025 increased by 21% to $47 million, marking his highest pay hike to date [1][4] - Solomon's pay structure includes a base salary of $2 million and a bonus of $45 million, which consists of cash, carried interest, and shares [2][8] - In comparison, JPMorgan Chase's CEO Jamie Dimon's compensation rose by 10.3% to $43 million for 2025, while both earned $39 million in 2024 [1][9] Group 2 - The pay increase for Solomon is attributed to record management fees and revenue growth in Goldman Sachs' asset-management and banking divisions [4][8] - Goldman Sachs reported strong Q4 results, with profits exceeding Wall Street expectations, driven by increased dealmaking and trading activities [4] - The company's stock rose nearly 54% in 2025, outperforming competitors like Morgan Stanley and JPMorgan, although it lagged behind Citigroup [4] Group 3 - Solomon's retention award of $80 million, approved by shareholders, is set to vest in January 2030, with John Waldron viewed as his potential successor [5][7] - Waldron's appointment to the board occurred shortly after receiving the retention bonus, highlighting his rising prominence within the company [7] Group 4 - David Solomon has been with Goldman Sachs since 1999 and became CEO in 2018, succeeding Lloyd Blankfein [6]