Goldman Sachs Group Management

Management criteria checks 3/4

Goldman Sachs Group's CEO is David Solomon, appointed in Oct 2018, has a tenure of 6.17 years. total yearly compensation is $26.67M, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 0.041% of the company’s shares, worth $77.24M. The average tenure of the management team and the board of directors is 4.7 years and 9 years respectively.

Key information

David Solomon

Chief executive officer

US$26.7m

Total compensation

CEO salary percentage	7.5%
CEO tenure	6.2yrs
CEO ownership	0.04%
Management average tenure	4.7yrs
Board average tenure	9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Solomon's remuneration changed compared to Goldman Sachs Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$11b
Jun 30 2024	n/a	n/a	US$11b
Mar 31 2024	n/a	n/a	US$9b
Dec 31 2023	US$27m	US$2m	US$8b
Sep 30 2023	n/a	n/a	US$7b
Jun 30 2023	n/a	n/a	US$8b
Mar 31 2023	n/a	n/a	US$10b
Dec 31 2022	US$32m	US$2m	US$11b
Sep 30 2022	n/a	n/a	US$13b
Jun 30 2022	n/a	n/a	US$16b
Mar 31 2022	n/a	n/a	US$18b
Dec 31 2021	US$40m	US$2m	US$21b
Sep 30 2021	n/a	n/a	US$22b
Jun 30 2021	n/a	n/a	US$20b
Mar 31 2021	n/a	n/a	US$14b
Dec 31 2020	US$24m	US$2m	US$9b
Sep 30 2020	n/a	n/a	US$6b
Jun 30 2020	n/a	n/a	US$5b
Mar 31 2020	n/a	n/a	US$7b
Dec 31 2019	US$25m	US$2m	US$8b
Sep 30 2019	n/a	n/a	US$8b
Jun 30 2019	n/a	n/a	US$9b
Mar 31 2019	n/a	n/a	US$9b
Dec 31 2018	US$21m	US$2m	US$10b
Sep 30 2018	n/a	n/a	US$5b
Jun 30 2018	n/a	n/a	US$5b
Mar 31 2018	n/a	n/a	US$4b
Dec 31 2017	US$16m	US$2m	US$4b

Compensation vs Market: David's total compensation ($USD26.67M) is above average for companies of similar size in the US market ($USD12.85M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Solomon (62 yo)

6.2yrs

Tenure

US$26,670,817

Compensation

Mr. David Solomon has been the Chief Executive Officer and Director of Goldman Sachs Group Inc. since October 1, 2018 and has been its Chairman since January 01, 2019. Mr. Solomon served as the President a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Solomon	Chairman & CEO	6.2yrs	US$26.67m	0.041% $ 77.2m
John Waldron	President & COO	6.2yrs	US$26.09m	0.032% $ 61.3m
Denis Coleman	Chief Financial Officer	2.9yrs	US$18.57m	0.0063% $ 11.9m
Kathryn Ruemmler	Chief Legal Officer	3.8yrs	US$13.32m	0.0029% $ 5.5m
J. Gardner	Director	no data	no data	no data
Sheara Fredman	Controller & Chief Accounting Officer	5.1yrs	no data	0.0026% $ 4.9m
F. De Mallmann	Chair of Investment Banking	7.6yrs	no data	no data
Marco Argenti	Partner & Chief Information Officer	5.3yrs	no data	no data
Carey Halio	Global Treasurer	3.7yrs	no data	0.0021% $ 4.0m
Michael Richman	Chief Compliance Officer	4.7yrs	no data	no data
Sam Morgan	Co-Head of Client Services Team & Global Head of Sales	1.5yrs	no data	no data
Jacqueline Arthur	Global Head of Human Capital Management	1.9yrs	no data	no data

4.7yrs

Average Tenure

52yo

Average Age

Experienced Management: GS.PRD's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Solomon	Chairman & CEO	6.2yrs	US$26.67m	0.041% $ 77.2m
Sonjoy Chatterjee	Chairman & Co-CEO of Goldman Sachs (India) Securities Pvt Ltd	13.8yrs	no data	no data
Martha Burns	Independent Director	13.2yrs	US$511.46k	0% $ 0
Lakshmi Mittal	Independent Director	16.5yrs	US$449.82k	0.0046% $ 8.6m
David Viniar	Lead Independent Director	11.9yrs	US$494.79k	0.24% $ 460.5m
Adam Dell	Advisory Director	3.8yrs	no data	no data
Thomas Montag	Independent Director	1.4yrs	US$55.00k	0.054% $ 101.8m
Peter Oppenheimer	Independent Director	10.8yrs	US$565.68k	0.00061% $ 1.2m
Ellen Kullman	Independent Director	8yrs	US$525.16k	0% $ 0
Kimberley Harris	Independent Director	3.6yrs	US$488.54k	0% $ 0
Mark Flaherty	Independent Director	10yrs	US$469.79k	0.00033% $ 626.0k
Jan Tighe	Independent Director	6yrs	US$523.75k	0% $ 0

9.0yrs

Average Tenure

63yo

Average Age

Experienced Board: GS.PRD's board of directors are considered experienced (9 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 11:27
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Goldman Sachs Group, Inc. is covered by 53 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stephen Biggar	Argus Research Company
Jason Goldberg	Barclays
Jason Goldberg	Barclays

Goldman Sachs Group Management

Management criteria checks 3/4

Key information

Recent management updates

Goldman Sachs Appoints Michael Tarulli as Partner and Global Head for Aerospace and Defence

Goldman Sachs Announces Executive Changes

Goldman Sachs Hires Melissa Goldman as Partner and Global Head of Technology Engineering for Its Global Banking and Markets Division

Goldman Sachs Appoints Bryan Jacobi as Executive to Its Asset Management Arm

The Goldman Sachs Group, Inc. Announces Management Appointments

The Goldman Sachs Group, Inc. Appoints John B. Hess as Independent Director of the Board, Effective June 24, 2024

Recent updates

Goldman Sachs Reportedly in Talks to Acquire PeopleStrong

Bhartia Family, Goldman Sachs Reportedly in Talks for 40% Stake in Coca-Cola Beverages

Goldman Sachs Appoints Michael Tarulli as Partner and Global Head for Aerospace and Defence

Goldman Sachs Announces Executive Changes

Boston Scientific Corporation (NYSE:BSX) completed the acquisition of Silk Road Medical, Inc (NasdaqGS:SILK) from a group of shareholders.

Goldman Sachs Hires Melissa Goldman as Partner and Global Head of Technology Engineering for Its Global Banking and Markets Division

The Goldman Sachs Group, Inc. to Report Q3, 2025 Results on Oct 15, 2025

Bolt Threads Inc. completed the acquisition of Golden Arrow Merger Corp. (NasdaqCM:GAMC) from Golden Arrow Sponsor, LLC, Fir Tree Capital Management LP, Magnetar Financial LLC, The Goldman Sachs Group, Jane Street Group, LLC and others.

Goldman Sachs Appoints Bryan Jacobi as Executive to Its Asset Management Arm

The Goldman Sachs Group, Inc. Announces Management Appointments

The Goldman Sachs Group, Inc. (NYSE:GS) agreed to acquire an unknown majority stake in Tait Towers Inc. from Providence Equity Partners L.L.C.

The Goldman Sachs Group, Inc. (NYSE:GS) agreed to acquire an unknown majority stake in Tait Towers Inc. from Providence Equity Partners L.L.C.

Saudi Tadawul Group Holding Company (SASE:1111) completed the acquisition of unknown minority stake in Dubai Mercantile Exchange Limited from a group of sellers.

The Goldman Sachs Group, Inc. Appoints John B. Hess as Independent Director of the Board, Effective June 24, 2024

The Goldman Sachs Group, Inc. (NYSE:GS) acquired Xpress Wellness Urgent Care from Latticework Capital Management.

The Goldman Sachs Group, Inc. Announces Executive Changes

The Goldman Sachs Group, Inc., Annual General Meeting, Apr 24, 2024

The Goldman Sachs Group, Inc. Announces Jessica Uhl Not Stand for Re-Election as Member of Board of Directors

First Advantage Corporation (NasdaqGS:FA) entered into an agreement to acquire Sterling Check Corp. (NasdaqGS:STER) from The Goldman Sachs Group, Inc. (NYSE:GS), Caisse de dépôt et placement du Québec and others for $1.7 billion.

First Advantage Corporation (NasdaqGS:FA) entered into an agreement to acquire Sterling Check Corp. (NasdaqGS:STER) from The Goldman Sachs Group, Inc. (NYSE:GS), Caisse de dépôt et placement du Québec and others for $1.7 billion.

The Goldman Sachs Group, Inc. to Report Q2, 2024 Results on Jul 15, 2024

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources