Goldman Sachs CEO David Solomon got 24% raise, made $31M in 2023 despite profit slump

Goldman Sachs CEO David Solomon got a 24% pay bump in 2023 — earning $31 million in compensation – despite the Wall Street giant reporting its worst annual profit numbers in four years. Solomon, who has consolidated power by winning the backing of the board amid talk of succession, received a $2 million base salary, unchanged from the previous year, a bonus of $8.7 million in cash and $20.3 million in performance-linked stock, according to regulatory filings by Goldman on Friday. His total payout spiked fro ...