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 $78.60M. 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
Goldman Sachs: Optimistic Outlook For 2025 (Rating Upgrade)
Dec 17Goldman Sachs Group (NYSE:GS) Is Due To Pay A Dividend Of $3.00
Nov 29
Goldman Sachs: Animal Spirits Unleashed
Nov 24Goldman Sachs Vs. Morgan Stanley: Which Big Bank Is The Better Buy?
Nov 15The Goldman Sachs Group, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 07Morgan Stanley Vs. Goldman Sachs: Better Fixed Income Investment?
Oct 18Results: The Goldman Sachs Group, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Oct 18Goldman Sachs: Growth Signs In Key Segments Drive Confidence (Rating Upgrade)
Oct 06The Goldman Sachs Group, Inc. (NYSE:GS) Doing What It Can To Lift Shares
Sep 22Goldman Sachs Is A Buy Amid Favorable Environment, Attractive Valuation
Sep 21Goldman Sachs Group's (NYSE:GS) Upcoming Dividend Will Be Larger Than Last Year's
Aug 26Goldman Sachs: Favorable Fundamentals Are Reflected In Valuation (Downgrade)
Aug 20Goldman Sachs Group (NYSE:GS) Has Announced That It Will Be Increasing Its Dividend To $3.00
Aug 12Goldman Sachs Group's (NYSE:GS) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 22Goldman Sachs: Q2 Earnings Show Growth Is On The Horizon
Jul 18Goldman Sachs Q2 Preview: Accelerating EPS Growth (Rating Upgrade)
Jul 10Goldman Sachs Is Reinventing Itself: A Strategic Shift Ignites Growth
Jul 04CEO Compensation Analysis
| 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 ($USD12.67M).
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 |
|---|---|---|---|---|
| Chairman & CEO | 6.2yrs | US$26.67m | 0.041% $ 78.6m | |
| President & COO | 6.2yrs | US$26.09m | 0.032% $ 62.4m | |
| Chief Financial Officer | 2.9yrs | US$18.57m | 0.0063% $ 12.1m | |
| Chief Legal Officer | 3.8yrs | US$13.32m | 0.0029% $ 5.6m | |
| Director | no data | no data | no data | |
| Controller & Chief Accounting Officer | 5.1yrs | no data | 0.0026% $ 5.0m | |
| Chair of Investment Banking | 7.6yrs | no data | no data | |
| Partner & Chief Information Officer | 5.3yrs | no data | no data | |
| Global Treasurer | 3.7yrs | no data | 0.0021% $ 4.0m | |
| Chief Compliance Officer | 4.7yrs | no data | no data | |
| Co-Head of Client Services Team & Global Head of Sales | 1.5yrs | no data | no data | |
| Global Head of Human Capital Management | 1.9yrs | no data | no data |
4.7yrs
Average Tenure
52yo
Average Age
Experienced Management: GS's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.2yrs | US$26.67m | 0.041% $ 78.6m | |
| Chairman & Co-CEO of Goldman Sachs (India) Securities Pvt Ltd | 13.8yrs | no data | no data | |
| Independent Director | 13.2yrs | US$511.46k | 0% $ 0 | |
| Independent Director | 16.5yrs | US$449.82k | 0.0046% $ 8.8m | |
| Lead Independent Director | 11.9yrs | US$494.79k | 0.24% $ 468.7m | |
| Advisory Director | 3.8yrs | no data | no data | |
| Independent Director | 1.4yrs | US$55.00k | 0.054% $ 103.6m | |
| Independent Director | 10.8yrs | US$565.68k | 0.00061% $ 1.2m | |
| Independent Director | 8yrs | US$525.16k | 0% $ 0 | |
| Independent Director | 3.6yrs | US$488.54k | 0% $ 0 | |
| Independent Director | 10yrs | US$469.79k | 0.00033% $ 637.0k | |
| Independent Director | 6yrs | US$523.75k | 0% $ 0 |
9.0yrs
Average Tenure
63yo
Average Age
Experienced Board: GS's board of directors are considered experienced (9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 23:00 |
| End of Day Share Price | 2024/12/17 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 54 analysts. 15 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 |