Glass Lewis advises against CEO pay at Goldman Sachs due to lack of alignment with performance

From Yahoo Finance: 2025-03-29 10:10:00

Proxy adviser Glass Lewis has recommended investors vote “against” the pay of top Goldman Sachs executives due to the bank’s inability to align pay with performance. The report cited excessive retention grants totaling $160 million given to CEO David Solomon and President John Waldron in January. Glass Lewis criticized the lack of robust rationale in the proxy statement. Goldman Sachs has not yet commented on the recommendation. This news highlights the ongoing scrutiny of executive compensation practices in the financial industry.



Read more at Yahoo Finance: Glass Lewis recommends votes “against” CEO pay at Goldman Sachs