Investor support for Goldman boss’ 9-year lower discount

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Goldman Sachs, CEO David Süleyman and President Süleyman and President John Waldron received a joint-stock support for shareholder support after the criticism of $ 80 million.

Goldman’s annual general meeting on Wednesday is 66 percent of voting in the salary voting, supported the lowest support for the lowest support since 2016.

The voting has been the lowest support for a large US salary proposals since 2022, and since 2022, JPMorgan Chase shareholders rebelled over the CEO of CEO.

That same year, only one third of JPMorgan shareholders, in this case, supported Dimon’s salary, which includes a special award worth about $ 50 million. Jpmorgan later said CEO wouldn’t give special prizes in the future.

While Golden-headed The silent support level reflects the investor’s concerns with the plans to pay more than the two-best management in the bank’s best management, the bank’s plans to pay more to the private capital group.

Proxy Advisers advised glass Lewis and institutional shareholder services to vote against shareholders’ salary plans.

Goldman, the largest shareholders, BlackRock and Blackrock and State Avenue, Awarded five-year retention bonuses in January, Suleyman and Waldron.

Awards for Waldron, which are the highest salary for Solomon and Waldron, 39 million dollars and $ 38 million, were added to Waldron’s assumption Most likely to succeed in Solomon as the chief executive.

Glass Lewis criticized the bank for not tying the awards to performance dimensions. Goldman defended the awards, he said he needed to protect the best talent and pays 100 percent in stocks.

The Sovereign Wealth Fund of Norway, Goldman’s 15th largest shareholder, said he voted against payment packages.

“(Company) The Board must provide transparency in the overall royalty to prevent unacceptable results,” said NORGES bank investment management. “The board must ensure that all benefits have a clear business level.”

Calstrs, a large California retirement fund, said he voted against Goldman’s salary.