Goldman Sachs ripped over ‘excessive' bonuses for CEO David Solomon, his No. 2 exec: ‘poor practice'
1. Goldman Sachs faces backlash over $80 million bonuses for CEO and COO. 2. Proxy advisories label bonuses as excessive without performance benchmarks. 3. Bonuses aim to retain leadership amid heightened competition for talent. 4. Goldman's stock surged over 30% in the past year, driven by profits. 5. Controversy surrounds executive perks amid calls for better pay alignment.