(Reuters) – Proxy consultant Glass Lewis advised capitalists cast advising ballots “against” the pay of leading Goldman Sachs execs, mentioning the Wall Street financial institution’s “continued inability to align pay with performance” and retention gives that Glass Lewis called extreme.
In a record sent out late on Friday Glass Lewis kept in mind the mixed $160 million in retention honors the Wall Street financial institution provided to chief executive officer David Solomon and to President John Waldron in January.
“While we will review the impact of the additional $160 million on the Company’s pay and performance alignment within the full scope of 2025, thus far, the provided discussion regarding the rationale in the proxy statement is far from robust,” Glass Lewis composed in the record.
Goldman Sachs reps did not right away react to an ask for talk about Saturday.
(Reporting by Ross Kerber; editing and enhancing by Diane Craft)
