Goldman Sachs’ David Solomon has restored the bank’s swagger — and it just rewarded him with a $47 million pay package for 2025.
That puts him ahead of his top competitor on Wall Street, JPMorgan CEO Jamie Dimon, whose firm announced this week it would pay him $43 million for last year’s performance.
Solomon’s prior-year compensation was $39 million for 2024, meaning this year’s pay is up 21%.
Goldman announced Solomon’s compensation in a regulatory filing on Friday, citing “continued and significant shareholder value creation during 2025, including a total shareholder return of 57%,” under Solomon’s leadership.
The firm just wrapped its second-best year overall for the bank, reporting net revenues of more than $58 billion. The firm’s investment bank also had its best year ever by revenue, and the stock has been up significantly on Solomon’s watch.
About a year ago, the bank awarded Solomon and his deputy, President and COO John Waldron, $80 million each in restricted stock units set to vest over a five-year period.
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