Goldman Sachs Gives Solomon $80 Million to Stay CEO Five More Years - WSJ

1. Goldman Sachs awarded CEO David Solomon an $80 million retention bonus. 2. Solomon's aggressive consumer-lending expansion led to $7 billion in losses. 3. Goldman reported a 68% profit increase, reaching $14.28 billion in 2024. 4. President Waldron also secured an $80 million retention bonus to remain. 5. Bonuses consist of restricted stock units, vesting after five years.