Summary
Goldman Sachs Group, Inc. (GS) announced on January 23, 2026, the 2025 total annual compensation for Chairman and CEO David Solomon, set at $47 million. This represents a notable increase from his 2024 compensation of $39 million. The compensation package is heavily weighted towards performance-based incentives, with 70% allocated to Performance Share Units (PSUs) tied to firm-wide performance metrics and 22.5% to a Carried Interest Program (CIP) linked to long-term strategic growth areas. The remaining 7.5% is in cash, with base salary unchanged year-over-year. The Compensation Committee based its decision on a comprehensive assessment framework, considering strong shareholder value creation, including a 57% total shareholder return and significant capital returns. The firm also demonstrated robust financial performance in 2025, achieving its second-highest net revenues and net earnings, a substantial increase in diluted EPS, and improved return on equity. These positive results, coupled with advancements in strategic priorities, risk management, client service, and talent development, underpinned the compensation determination.
Key Highlights
- 1David Solomon's 2025 total annual compensation is set at $47 million, an increase from $39 million in 2024.
- 270% of Solomon's 2025 compensation is in Performance Share Units (PSUs) tied to firm-wide performance.
- 322.5% of compensation is allocated to the Carried Interest Program (CIP), linking pay to long-term strategic growth.
- 4The Compensation Committee cited significant shareholder value creation in 2025, including a 57% total shareholder return and a 33% dividend increase.
- 5Goldman Sachs reported strong 2025 financial results, with the second-highest net revenues and net earnings in its history.
- 6Diluted EPS increased by 27% in 2025, and Return on Equity (ROE) improved by 230 basis points.
- 7The firm highlighted progress in strategic priorities, risk management, client service, and talent retention as factors influencing compensation.