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Goldman Sachs’s CEO David Süleyman and President John Waldron’s bonuses should be rejected by the $ 80 million dollar “Raise important concerns and rejected by the bank’s shareholders, advice company Lewis.
In a report broadcast on Friday, the Proxy Advisor said that the bank announced in January, the Bank “more exacerbated with their structure” has been increased with grants using performance-based capital awards.
The bonuses will be completely paid in stock and will not be attached to the conditions of performance.
Although the bank has an experienced “Media Headlines”, shareholders, shareholders mainly “Kazan Oleri language”, according to the glass Lewis, said.
“The absence of any disclosure covering these elements of such a substantial award would guarantee this way in this way, in this way,” he said.
Goldman gave five-year retention bonuses to ensure that the best two stewards stay in the bank. The award for Waldron, the popular appearance between Wall Street observers is the successor of Solomon’s most.
Bonuses are separate for annual compensation for Solomon and Waldron, which amounted to $ 39 million and $ 38 million, 39 million and $ 38 million last year. He also draws the latest awards to JPMorgan and Morgan Stanley to the heads of opponents.
Within Goldman, investors were discussed at the annual investment bank’s annual investment in the investment bank, the investors had concerns about the annual general meeting of the investment bank.
Goldman, the best investors, Blackrock and State Avenue, said, “Our talent competition is severe. The Board took measures to protect our company’s acceleration and protect our powerful sequence plan.
DODD-Frank does not postpone a consulting vote adopted as part of financial regulation reforms. However, if the shareholders had no votes, it will represent a public rebuke for the bank.
It is rare that investors vote against compensation plans in US banks; In recent years, only JPMorgan Chase faced such a rebellion. Shareholders were annoyed by a special award forecasted to be worth about $ 50 million for CEO Jamie Dimon in 2022.
In Goldman Sachs, shareholder support for the execution fee, 86 percent in 2024, 94 percent of the previous year was reduced to 86 percent.
Glass Lewis also warned shareholders on a new plan of interest for shareholders. The company said that the complexity of the plan complicates the evaluation of salary measures before the bonuses of shareholders.
