Goldman Sachs shareholders approve executive compensation, elect directors
ReutersApr 23, 2025 2:09 PM
NEW YORK, April 23 (Reuters) - Goldman Sachs GS.N shareholders voted to approve pay packages, including hefty retention bonuses, for top executives CEO David Solomon and president John Waldron.
They also voted in favor of other management proposals including the election of the firm's board of directors, according to a preliminary voting count announced during a virtual shareholder meeting in Dallas.
Proxy adviser Glass Lewis had earlier recommended investors cast vote against the compensation plans, citing the bank's "continued inability to align pay with performance," including excessive retention awards of a combined $160 million given to Solomon and Waldron in January.
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