Goldman Sachs is preparing to pay senior executives special bonuses that could total more than $500 million, according to multiple reports. The plan is tied to a five-year performance period, with payouts structured through equity awards rather than cash, and it would be distributed among top leaders including CEO David Solomon and President John Waldron.
Financial Times and Bloomberg describe the awards as part of an ongoing equity-based scheme, with the size of the pool dependent on the bank’s stock price at the time of settlement. Bloomberg adds that the total could rise above $500 million under current share conditions and that Solomon’s share could be around $100 million. New York Post similarly frames the figures as unusually large, pointing to Goldman’s outperformance versus many rivals during the period.
While the reported amounts and individual figures vary by outlet and depend on market conditions, the sources broadly agree on the core elements: a five-year, equity-linked bonus arrangement, a special bonus pool above $500 million, and beneficiary roles among Goldman’s top executive team.