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Goldman CEO Blankfein got 75 percent compensation

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Post# of 28539
Posted On: 04/13/2013 7:43:59 AM
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Posted By: testuser
Goldman CEO Blankfein got 75 percent compensation boost in 2012

Lloyd Blankfein, Chairman and CEO, Goldman Sachs Group, arrives to meet with U.S. President Barack Obama and other CEOs at the White House in Washington By Lauren Tara LaCapra NEW YORK (Reuters) - Goldman Sachs Group Inc's board awarded Chief Executive Lloyd Blankfein a 75 percent increase in compensation, to $21 million, for 2012 - including pay, bonus and restricted stock award. His pay was unchanged at $2 million, but both his cash bonus and stock award almost doubled to $5.7 million and $13.3 million, respectively. But a summary compensation table in Goldman's proxy - the standard format for reporting executive pay - tells a different story because Blankfein's stock awards were not granted until January 2013. ...




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