London Stock Exchange Boss to Join Ranks of UK's Highest Paid Execs [BNN Bloomberg (Canada)]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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voted to more than double his maximum pay to about £13 million ($16.2 million). Nearly 89% of shareholders voted in favor of the new directors' remuneration policy at the firm's annual general meeting on Thursday, according to a statement. David Schwimmer, a former investment banker at Goldman Sachs Group Inc. who joined the LSE in 2018, is a test case for those who say UK corporates must better reward financial executives to compete against the US and Asia. The best-paid boss of a UK-listed company last year was AstraZeneca Plc's Pascal Soriot, who was awarded £16.9 million, according to data compiled by the High Pay Centre think tank. He could earn more in future — though even then, Soriot's earnings wouldn't get him into the top 100 best-paid CEOs in the US, data compiled by Bloomberg shows. For Schwimmer, the pay rise could bump him from the middle of the pack to one of the best-paid FTSE 100 bosses, broadly comparable to the heads of RELX Plc, GlaxoSmithKline Plc and BAE
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