Monday, March 23, 2020

New York-Based Goldman Sachs' Top-Tier Executives Average Annual Pay and Benefits Increase in the Past Ten Years Was an Off-the-Charts 122.7% Per Year. Gary Cohn's Total Compensation in 2016 Was $67.2 Mil , Up 226% from the $20.6 Mil He Made in 2015.

From Company Proxy Statement filings with the SEC, below are Goldman Sachs' Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.

Gary Cohn's Total Compensation in 2016 was $67.2 mil, up 226% from the $20.6 mil he earned in 2015.  Cohn became a Cabinet member in the Trump Administration in 2017 and successfully was a strong advocate for cutting precipitously the top income tax rate on Corporations and on very wealthy US citizens.  He now claims to be a very strong advocate for the US worker.  Give me a break!


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Goldman Sachs 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Soloman     20,663     16,376  N/A   N/A 
Chavez     18,066     15,734  N/A   N/A 
Gnodde     18,062     16,394  N/A   N/A 
Blankfein     23,391     21,995     21,995     20,207     20,207     22,586     22,586     22,163     22,163     19,929
Harvey Schwartz     19,858     20,105     20,105     20,535     20,535     20,178     20,178     21,285
Cohn     67,210     20,588     20,588     20,200     20,200     18,033
Sherwood     19,531     24,639     24,639     21,062  N/A   N/A 
Mark Schwartz     24,272     24,159     24,159     24,225  N/A   N/A 
Totals     80,182     70,499     41,853     40,312   151,325   112,507   112,507   107,828     62,541     59,247
Annual % Change vs Prior Year 13.7% 3.8% 34.5% 4.3% 5.6%
5 Year Average Per Year % Change 12.4%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Goldman Sachs 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Blankfein     19,929     13,301     13,301     16,164     16,164     14,116     14,116       1,026       1,026     40,947
Cohn     18,033     12,486     12,486     15,804     15,804     13,863     13,863          925          925     40,299
Viniar  N/A   N/A      12,499     15,813     15,813     13,958     13,958          946          946     34,599
Weinberg     16,875     11,885     11,885     15,753     15,753     13,811     13,811          733  N/A   N/A 
Evans     16,329     11,860     11,860     15,746     15,746     13,928     13,928       1,624       1,624     17,371
Totals     71,166     49,532     62,031     79,280     79,280     69,676     69,676       5,254       4,521   133,216
Annual % Change vs Prior Year 43.7% -21.8% 13.8% 1226.2% -96.6%
5 Year Average Per Year % Change 233.0%
10 Year Average Per Year % Change 122.7%