UPDATE 2-Goldman CEO Solomon faces pay scrub after ISS urges vote 'against' [Reuters (UK)]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Reuters
Goldman CEO Solomon faces pay scrub after ISS urges vote 'against' - Reuters 4 Min Read BOSTON/NEW YORK (Reuters) - Influential proxy adviser Institutional Shareholder Services has recommended investors cast advisory votes against the pay of top Goldman Sachs Group Inc ( GS.N ) leaders, putting millions of dollars of compensation under scrutiny at a time when the COVID-19 pandemic has led to soaring unemployment. In a report dated April 9 and provided on Thursday in response to a request from Reuters, ISS wrote it had “pay-for-performance misalignment concerns” regarding Goldman leaders including David Solomon, chief executive of the Wall Street bank, which has an annual meeting set for April 30. Technically the pay was awarded for Goldman’s performance in 2019, a period for which Solomon’s total compensation rose 19% to $24.7 million, including a $7.65 million bonus. But in practice many investors will also evaluate the pay in the context of the current economic crisis stemming fro
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GS
Earnings
- 4/14/26 - Beat
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Sec Filings
- 4/20/26 - Form 424B2
- 4/20/26 - Form 424B3
- 4/20/26 - Form 424B3
- GS's page on the SEC website