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Goldman CEO David Solomon's pay soars 24% to $31 million despite 24% profit slump; Is this justified?

By Livemint - 9 months ago
Despite a 24% profit drop, Goldman Sachs raised CEO David Solomon's pay 24% to $31 million. Internal restructuring and refocusing on core businesses are cited as justification. This pay jump exceeds other major US bank CEOs and comes after significant job cuts and a failed consumer strategy.

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