x

Goldman Sachs slashes CEO's pay by 30% after bank's poor performance

Shortpedia

Content Team
Image Credit: FPJ

Goldman Sachs Chief Executive, David M Solomon saw his 2022 pay slashed by nearly 30 per cent, following missteps that have weighed on the elite Wall Street bank's profits and performance, according to the New York Times. Solomon earned USD 25 million last year, down from USD 35 million last year, the bank reported in a filing on Friday.