Original version

BBC World Service

BBC World Service Radio

World Service Radio

Business Matters

Discussion & Talk

Factual: Money

Global business and finance news and discussion from the BBC

Global business and finance news and discussion from the BBC.

BBC World Service Australasia

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service Online

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service South Asia

BBC World Service News Internet

BBC World Service Europe and the Middle East

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

Business Matters: Goldman Sachs boss gets big pay cut

Goldman Sachs boss gets big pay cut

28/01/2023 GMT

BBC World Service - Business Matters, Goldman Sachs boss gets big pay cut

David Solomon’s pay was $25m for 2022, down from $35m in 2021.

Goldman Sachs’s David Solomon takes near 30% pay cut to $25mn.

The CEO of Goldman Sachs, David Solomon, arguably America's best-known investment bank, has seen his pay cut by some 30% for 2022. In announcing the news, Goldman’s board said the pay-cut reflected “the firm’s 2022 performance, relative to peer results.” That was despite the bank suffering a 22% drop in annual profits.

(Picture: A Goldman Sachs logo is displayed on a smartphone with stock market percentages on the background. Picture Credit: Getty Images)

Accessibility links

Programme Index

Business Matters

Goldman Sachs boss gets big pay cut

Genres

Formats

Brand

BBC World Service

About BBC World Service