Lewis glass criticized ‘egregious bonuses’


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Bonus Goldman Sachs as the head of administrative and President John Waldron worth $ 80mone « and should be rejected

In a late published report on Friday, the advisor proxy said the Duko’s Awards, Which the bank has announced in JanuaryThe « worse by their structure, with the grant of the company’s historical support reward ».

The prize money will be paid all in stock and not attached to the implementation, the company said.

While « media headline » experienced in the bank, shareholders received « mainly » pregnancy « 

It has been met in this proposal, « 

Goldman was awarded about five years to ensure their two executives at the bank. The reward for Waldron has been upgraded by the observer on Wall Street street he is the favorite of Solomon. Difficult successors.

The bonus prize is separate with the annual compensation for Solomon and Waldron, which last year worth $ 39mn and 38mn respectively. They also won the previous rewards to the chief executive body of the JPMorgan and Morgan Stanley.

A meeting called age on April 23,

Goldman cosmeters, which are the top investors included Vangench and State Street Streets.

Consultant votes, adopted as part of Dod-Frank financial reform, is not developed. But if the stockholders vote that no, it will represent the public reproduction for the bank.

At the United States bank, it is rare for investors to vote to compensation plan; In recent years, only JPMorgan Chase Faced with the rebellion. Shareholders receive a special reward by receiving a special prize to cost about $ a9mn for Jamie Dimon’s head in 2022. Jsporgan said it would say it would Not to A special prize in the future.

At Goldman Sachs, supported stockholders for payment rewards of 86 percent in 2024, from 94 percent of the previous year.

Glass Lewis also reminded shareholders on new interest pay payments for administrator. The complexity of the plan makes it harder for shareholders to evaluate salary management before paying, the company said.



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