Investment Banking

Goldman gives David Solomon a 24% raise to $31m

Solomon's pay package consisted of a $2m base salary and a cash bonus of $8.7m

Goldman's compensation committee lauded Solomon’s 'decisive leadership' to simplify the bank's strategy
Goldman's compensation committee lauded Solomon’s 'decisive leadership' to simplify the bank's strategy Photo: Hollie Adams/Bloomberg/Getty Images

Goldman Sachs chief executive David Solomon made $31m in 2023. That’s a 24% raise from the year before.

His pay package consisted of a $2m base salary and a cash bonus of $8.7m. It also included a stock award tied to how well the bank performs in the next few years valued at $20.3m.

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