Goldman Sachs Pays CEO and COO a Retention Bonus of $80 Million for 5 Years! Bank Wants Stability at the Top!

Goldman Sachs (GS) announced on Friday, January 17, 2025, in a regulatory filing that CEO David Solomon has received a retention bonus of $80 million to stay at the bank for another five years. John Waldron, President and Chief Operating Officer of Goldman Sachs, who is considered a potential successor to Solomon, also received a retention bonus of $80 million. The retention bonuses and the large salary increases clarify the remaining question of the CEO's ability to remain in office. Top leadership wants to retain CEO and COO at any cost for another...