Apr
10

Goldman Sachs Gives Blankfein $7 Million Long-Term Incentive

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  • Bonus brings CEO’s 2015 total compensation to $30 million
  • President Cohn, Vice Chairman Schwartz each get $6.7 million

Goldman Sachs Group Inc. awarded Chief Executive Officer Lloyd Blankfein a $7 million bonus to be paid out over eight years if the firm meets certain targets, bringing his total compensation for last year to $30 million.

Blankfein, 61, can receive more or less of the long-term incentive award based on whether the firm achieves return-on-equity and book-value targets, the New York-based firm said Friday in a filing. His package includes $14.7 million in restricted shares, a $6.3 million cash bonus and a $2 million salary…

Goldman Sachs Gives Blankfein $7 Million Long-Term Incentive

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