Goldman Raises CEO’s Stock Bonus 90% to $13.3 Million
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Goldman Sachs Group Inc. boosted Chief Executive Officer Lloyd C. Blankfein’s stock bonus 90 percent to $13.3 million, topping JPMorgan Chase & Co.’s Jamie Dimon for the first time in five years, as profit climbed.
While the bank didn’t disclose Blankfein’s cash bonus, a person familiar with the payout said his total bonus was about 70 percent restricted stock and 30 percent cash, like last year. On that basis, the total would be about $19 million including $5.7 million in cash.