David M. Solomon has been the CEO of Goldman Sachs since October 2018, and he’s known for his strong focus on long-term growth strategies. His leadership style emphasizes performance metrics, like return on equity, to align the company’s goals with...

Number of Employees

45.3K

Year

2023

Total Compensation

$47.10M

Salary

$2.00M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with long-term shareholder interests, and discouraging imprudent risk-taking.

Bonus

$8.70M

Board Justification

Cash variable compensation for 2023

Other

$320.86K

Board Justification

Includes employer contributions to 401(k), life insurance premiums, executive medical and dental plan premiums, and other perquisites

Restricted Stock

$36.08M(107.22K PSUs)

Board Justification

The stock of the CEO that vested in 2023 from the 2019 Year-End PSUs, settled 50% in cash and 50% in shares of Common Stock on May 3, 2023

Performance Metrics

The performance metrics include return on equity (ROE) and total shareholder return (TSR) as key indicators of firm performance.

SEC Filing

From March 15, 2024

David M. Solomon

CEO of Goldman Sachs Group

G

Education

Harvard University

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1962 - 63 years ago

Is Founder?

No

Current Tenure

6 years 3 months (Oct 2018 - Present)

Previous Experience

President and Chief Operating Officer of Goldman Sachs since 2017, co-head of the Investment Banking Division since 2006.