Wall Street investment bank, whose stock price hit a record high this week, awards CEO Solomon a stock bonus set to vest in 2030.

Goldman Sachs has offered CEO David Solomon a lucrative compensation package to secure his leadership for the next five years.

Goldman Sachs CEO David Solomon received the birthday present of a lifetime on Friday as the bank announced he had raked in a wallet-busting $39 million paycheck last year. Solomon, who turned 63 Friday,

Goldman Sachs (GS) is locking in CEO David Solomon for at least another five years with a sweet stock deal — along with a big, annual pay increase.

Goldman Sachs gave Chief Executive David Solomon an $80 million bonus to stay for five more years, ending any lingering questions about his grasp on the Wall Street giant. Solomon had a bruising couple of years at Goldman that cast his longevity as CEO into doubt among many partners after taking over in 2018.

Goldman Sachs awards $80 million retention RSUs to CEO David Solomon and COO John Waldron, emphasizing leadership stability, long-term value, and strategic priorities.

The retention awards are the second in just over three years given to Chief Executive David Solomon and President John Waldron, who is also the chief operating officer. They “reflect the Board’s desire to retain the current CEO and COO as a senior leadership team,” according to a filing Friday.

Goldman Sachs announcing it is raising CEO David Solomon's pay from 31 million to 39 million. Interestingly, also and very notable, the compensation compensation committee approved with the board just yesterday.

Goldman Sachs boosted chief executive David Solomon’s pay by 26 per cent to $39mn and set up $80mn retention plans for him and president John Waldron in an effort to ensure the pair remain at the bank for the next several years.