Sundar PichaiSundar Pichai earned $164M in 2023

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...

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David M. Solomon

CEO of Goldman Sachs Group

Education

Harvard University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1962 - 63 years ago

CEO of Goldman Sachs Group for

6 years 6 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.

Holdings

See how much did David M. Solomon make over time.

David M. Solomon's holdings in Goldman Sachs are noteworthy. As of May 2024, he owns over 137,000 shares valued at more than $58 million. His stake shows substantial personal investment in the firm, aligning his success with that of the...

Mar 17, 2025

Total Stock Sold

$48.96M

GS

$48.96M

154,512 GS shares

What if they kept their stock?

If David M. Solomon didn't sell their stock, today they would have:
Extra GS154,512 shares worth $27.34M.
This is -44.15% and $21.62M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of David M. Solomon.

GS

$4.00M

GS at $610.91/share

Nov 29, 2024

Sale

GS

$3.00M

GS at $500.29/share

Aug 15, 2024

Sale

GS

$3.02M

GS at $457.32/share

May 10, 2024

Sale

GS

$1.50M

GS at $356.28/share

Aug 1, 2023

Sale

GS

$3.46M

GS at $345.87/share

Jul 20, 2023

Sale

GS

$2.53M

GS at $341.32/share

Oct 28, 2022

Sale

GS

$3.27M

GS at $334.57/share

Apr 19, 2022

Sale

GS

$5.16M

GS at $376.68/share

Jul 14, 2021

Sale

GS

$3.12M

GS at $312.44/share

Feb 19, 2021

Sale

GS

$2.02M

GS at $237.92/share

Aug 1, 2018

Sale

Compensation History

See how much did David M. Solomon make over time.

David M. Solomon's compensation has seen significant variation since he became CEO of Goldman Sachs in October 2018. His salary is set at $2 million per year, but his total compensation peaked at nearly $40 million in 2021, a mix of salary, bonuses, and stock vesting. In 2023, despite a drop in total to around $26.67 million, his package still included an impressive $8.7 million cash bonus. His compensation package is designed to align with long-term performance, ensuring that executive incentives are tied closely to shareholder interests. Solomon emphasizes a pay-for-performance philosophy, aiming to motivate his team while reflecting the overall success of Goldman Sachs.

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.

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