The Traderszone Network

Published in TZ Latest News 22 January, 2016 by The TZ Newswire Staff

Goldman awards CEO Blankfein $23 million in pay for 2015

Goldman said in a regulatory filing on Friday it had awarded Blankfein a restricted stock bonus of 96,934 shares worth $14.7 million, based on Goldman’s closing price of $151.65 on Thursday when the bank said it granted the award. Goldman’s board of directors typically awards executives 70 percent of their bonus in stock and 30 percent in cash, suggesting that Blankfein also received a $6.3 million cash bonus. Goldman does not disclose the full details of executives’ pay packages until it files its proxy statement.