Finance: Goldman Sachs CEO Lloyd Blankfein Took a $1 million Pay Cut Last Year


Finance: Goldman Sachs CEO Lloyd Blankfein Took a $1 million Pay Cut Last Year Goldman Sachs CEO Lloyd Blankfein Took a $1 million Pay Cut Last Year

Goldman Sachs CEO Lloyd Blankfein was paid $22 million in total compensation in 2016, according to a regulatory filing.

That's down $1 million from the roughly $23 million in salary and bonuses he was paid in 2015 — which in turn was down $1 million from 2014.

His base salary for the year was unchanged at $2 million, while he received $20 million in performance-based awards and cash bonus.

Chief Financial Officer Harvey Schwartz received a total compensation of $20 million in 2016, compared with $21 million a year earlier. Schwartz was named co-COO and president together with David Solomon in late 2016.

Blankfein, 62, has been CEO of the global financial firm since 2006.

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Chuka (Webby) Aniemeka
Chuka (Webby) Aniemeka

Chuka is an experienced certified web developer with an extensive background in computer science and 18+ years in web design &development. His previous experience ranges from redesigning existing website to solving complex technical problems with object-oriented programming. Very experienced with Microsoft SQL Server, PHP and advanced JavaScript. He loves to travel and watch movies.

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