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...
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 shareholder interests. In 2021, he earned his highest compensation of nearly $40 million, reflecting his success in steering the firm. His compensation includes a base salary of $2 million and significant bonuses based on performance. Solomon's approach also involves a solid commitment to transparency and accountability, making sure that the executive team aligns with the broader goals of the bank. On the investment side, Solomon holds over 137,000 shares of Goldman Sachs, reflecting a personal stake in the company's success. As of May 2024, these shares were valued at more than $58 million. This ownership indicates his belief in the firm’s potential and aligns his interests with those of shareholders. Overall, Solomon is a seasoned leader in finance with a clear vision for Goldman Sachs, navigating through challenges while aiming for sustainable growth.