Compensation Information For David M Solomon, Chairman And Ceo Of Goldman Sachs Group Inc

This man seems to be living the dream life through his professional profession the place he earns from his fulltime job as an funding banker and likewise makes an income from doing music. Here’s an article on David Solomon’s biography, occupation and earnings from all that he does. Simply scroll down for all that you have to know about the attention-grabbing and intriguing life of this multi-skilled particular person. Liquid ToddDavid Michael Solomon (born c. 1962) is an American investment banker, who currently serves as chief government officer of Goldman Sachs, a place he has held since October 2018. Before assuming his function as CEO, Solomon was president and chief operating officer from January 2017 to September 2018, and was joint head of the investment banking division from July 2006 to December 2016.

david solomon net worth

The oldest government at Goldman Sachs Group, Inc. is Mark Winkelman, 74, who is the Independent Director. You can see the whole history of Mr. Solomon inventory trades at the bottom of the web page. In January 2018, Solomon found that a personal assistant had stolen around 500 bottles from his rare wine collection, among them, seven from the French estate Domaine de la Romanee-Conti. The private assistant, Nicolas DeMeyer, was arrested in late January and indicted for the theft of $1.2 million worth of wine. Solomon has performed at many events including the Electronic Music Awards in Los Angeles in 2017 and a 2020 Sports Illustrated Super Bowl Event in Miami together with Marshmello and Black Eyed Peas.

Networthroll

Our Co-COOs are liable for managing our day-to-day enterprise operations and executing on firmwide priorities. The largest commerce he is ever made was exercising ninety four,564 units of Goldman Sachs stock on 20 November 2017 value over $19,306,186. On average, David trades about 25,268 models every 109 days since 2017. As of 19 February 2021 he nonetheless owns no less than 107,499 items of Goldman Sachs inventory. David has made over eight trades of the Goldman Sachs inventory since 2017, based on the Form 4 filled with the SEC.

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Solomon’s compensation package deal in January 2017 and January 2018 was roughly $eleven.eighty five million. It was estimated that he holds 224,030 (0.059%) shares of the Goldman Sachs Group which was value $58 million in January 2018. This comprised of his base pay of $2 million wage, $7.65 million money bonus, and $17.85 million in lengthy-time period incentive. A proxy assertion (or “proxy”) is a form that each publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission within a hundred and twenty days after the tip of its fiscal year. The proxy must be despatched to each shareholder upfront of the corporate’s annual shareholders meeting.

David Solomon Weiss Net Worth

After finishing his school education, he utilized for a two-year analyst position at Goldman Sachs but was rejected, so he utilized to Irving Trust instead, and started his career with them. David was in Scarsdale, New York where he schooled at Edgemont Junior/Senior High School and also spent some time working at an area Baskin Robbins earlier than getting hired as a camp counselor in New Hampshire. He attended Hamilton College in Clinton, New York, graduating along with his Bachelor of Arts degree in political science & authorities. As a college scholar, he chaired his social fraternity, Alpha Delta Phi and played on the rugby staff. Real-time final sale data for U.S. stock quotes reflect trades reported via Nasdaq solely. Intraday data delayed a minimum of quarter-hour or per change requirements.

  • covers all compensation-like awards that do not fit in any of those different commonplace categories.
  • In this case, we would anticipate both optimistic returns after purchases, or negative returns after gross sales.
  • It was estimated that he holds 224,030 (0.059%) shares of the Goldman Sachs Group which was value $58 million in January 2018.
  • The info shown here is a reporting of information included within the firm’s proxy statement.
  • Under his administration, he made certain to introduce new insurance policies that turned out useful and profitable for the companies he labored with.
  • Likewise, non-cyclical declines over a few years would end in downward sloping publish-commerce plots.

Some bankers at the senior Director and junior MD levels might be forgiven for wondering who’s taking care of the middle-aged. It seems that choices are being made by essentially the most senior executives , for the good thing about probably the most junior staff . The individuals risking contagion in the new office, nevertheless it’s redesigned, are subsequently the ones in between.

David Solomon

In comparison, the SPDR Financial Select Sector ETF XLF, -1.40%slipped 4.2% in 2020 while the Dow Jones Industrial Average DJIA, -zero.94%gained 7.3%. annual reports of government compensation and pay are mostly found within the Def 14a documents. Over the final 4 years, insiders at Goldman Sachs have traded over $66,274,892 worth of Goldman Sachs inventory. The most energetic insiders merchants include Ellen Jamison Kullman, M Michele Burns, and David A Viniar. On common, Goldman Sachs executives and impartial administrators trade stock every 30 days with the average commerce being value of $10,934,476.

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