1. Goldman’s Special CEO Bonus is Rebuked by Shareholder Advisor

    Goldman’s Special CEO Bonus is Rebuked by Shareholder Advisor

    Glass Lewis, a major voice on annual shareholder votes, is recommending Goldman investors vote against a pay package that puts CEO David Solomon and John Waldron, the bank\u2019s president, in line for about $50 million in one-time bonuses. The advisor questioned whether the board\u2019s rationale for the ...

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    1. We are critical of the awards given their excessive sizes.
    2. We believe that long-term incentives should encourage executives to achieve steady and sustainable growth rather than what may amount to relatively brief spikes in performance.
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