Goldman Sachs urged to vote against David Solomon's $31 million salary, separate CEO and chair roles

Wall Street giant Goldman Sachs was urged to separate its CEO and chairman roles held by embattled czar David Solomon — and to slash his gargantuan compensation package. Glass Lewis and Institutional Shareholder Service, two influential proxy advisers, made the recommendations in separate reports ahead of Goldman’s annual shareholders meeting this month. An independent chair “is nearly always preferable to having a single individual lead both the board and the executive team,” Glass Lewis wrote on Thursday, ...