Goldman Sachs (NYSE:GS) chief executive David Solomon was awarded an $80 million stock award to stay at the bank for another five years, it disclosed in a regulatory filing on Friday. John Waldron, Goldman's (GS),

Goldman Sachs has offered CEO David Solomon a lucrative compensation package to secure his leadership for the next five years.

The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.

Goldman Sachs gave Chief Executive David Solomon an $80 million bonus to stay for five more years, ending any lingering questions about his grasp on the Wall Street giant. Solomon had a bruising couple of years at Goldman that cast his longevity as CEO into doubt among many partners after taking over in 2018.

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Wall Street investment bank, whose stock price hit a record high this week, awards CEO Solomon a stock bonus set to vest in 2030.

Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.

Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.

Goldman Sachs (GS) is locking in CEO David Solomon for at least another five years with a sweet stock deal — along with a big, annual pay increase.

Keefe, Bruyette & Woods analyst David Konrad reiterated an Outperform rating on the shares of Goldman Sachs Group Inc (NYSE:GS) and raised the price forecast to $690 from $686. The analyst notes Goldman Sachs posted an impressive quarterly performance,

Goldman Sachs Group Inc. otorgó a sus dos principales ejecutivos bonos de retención valorados en US$80 millones cada uno y lanzó un programa para dar a sus directivos una parte de los intereses devengados de los fondos de capital riesgo,

DBS analyst Ken Shih maintained a Buy rating on Goldman Sachs Group (GS – Research Report) today and set a price target of $680.00.Stay Ahead