Lloyd Blankfein, chairman and chief executive officer (CEO) of Goldman Sachs, has been awarded around $100 million in pay and stock during the 2007 fiscal year, it has emerged.
The company announced that Mr Blankfein was awarded $53.97 million in cash compensation during the year, while he also received $45.76 million through the vesting of stock, Reuters reports.
It notes that this figure reflects the methodology used by a number of executive pay consultants and is not identical to the company's calculation of Mr Blankfein's "approved 2007 compensation".
This compensation includes his $67.9 million year end bonus and totals $68.5 million.
"According to the same methodology, compensation for other top Goldman executives included a respective $53.04 million and $52.91 million for co-chief operating officers Gary Cohn and Jon Winkelried," the company said."
It added that chief financial officer David Viniar received $42.58 million, while chief administrative officer Edward Forst was paid $39.85 million.
Last month, Goldman Sachs announced the appointment of J Michael Evans and Michael S Sherwood as vice chairmen of the company with immediate effect.
Athens, 22nd June 2021: Profile Software, an international financial software provider, announced today the launch of its new Digital Banking mobile-f...View article
To help streamline and consolidate all of its regulatory trade reporting commitments Bayerische Landesbank (BayernLB) has selected Broadridge Financia...View article
Partnership will provide existing and new customers with local support and expertise for Finastra’s solutions across multiple geographies in Eur...View article