Sign in

    David Solomon

    Chairman and CEO at Goldman Sachs Group Inc
    Board
    Since October 2018
    Age
    63 years
    Education
    Graduated from Hamilton College.
    Tenure
    Joined GS in 1999 and served as Global Head of the Financing Group, Co-Head of the Investment Banking Division, President/COO, and currently serves as Chairman (since January 2019) and CEO (since October 2018).

    Also at Goldman Sachs Group Inc

    CH
    Carey Halio
    Global Treasurer
    DC
    Denis Coleman
    Chief Financial Officer
    JW
    John Waldron
    President and COO

    About

    David Solomon is a 63-year-old executive known for his diverse background and dynamic leadership at a major financial institution. He has charted a remarkable journey that began with his graduation from Hamilton College and has evolved through a series of influential roles, reflecting his deep understanding of the financial industry.

    Beginning his career at the firm in September 1999, he quickly moved through various ranks—from leading the Global Financing Group to spearheading the Investment Banking Division, and later assuming the role of President/COO. His consistent performance and strategic acumen paved the way for his ascension to the top leadership roles, where he now steers the company's vision as both Chairman and CEO.

    Beyond his executive functions, he has actively contributed to the broader community through board memberships and public engagements. His multifaceted persona is also reflected in his recreational interests, including his passion for music, which adds an unexpected dimension to his otherwise corporate profile.

    $GS Performance Under David Solomon

    Past Roles

    Organization Role Date Range Details
    Goldman Sachs President and Chief or Co-Chief Operating Officer January 2017 – September 2018 N/A
    Goldman Sachs Co-Head of the Investment Banking Division July 2006 – December 2016 N/A
    Goldman Sachs Global Head of the Financing Group September 1999 – July 2006 N/A
    Goldman Sachs Various positions of increasing seniority Prior to September 1999 N/A

    External Roles

    Organization Role Date Range Details
    Hamilton College Chair, Board of Trustees N/A N/A
    Robin Hood Foundation Member, Board of Directors N/A N/A
    Partnership for New York City Member, Executive Committee N/A N/A
    NewYork-Presbyterian Hospital Member, Board of Trustees N/A N/A

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$2.0 million Annual Remains unchanged year-over-year (from 2023)

    Performance Compensation

    Data from  FY 2024

    Performance Stock Units (PSUs)

    • Component: PSUs
    • Details: Ties 100% of equity-based compensation to ongoing firmwide performance metrics.
    • Metrics/Targets: No specific performance metrics, thresholds, targets, vesting schedule, grant date, grant date fair value, or stock price details provided.

    Carried Interest Program (CIP)

    Metric [Unit/Scale]**Details/Value
    Grant Date [Date]January 14, 2025
    Allocation Fund [Text]StoneBridge 2024 Access Fund, L.P.
    Valuation [Text]Present value of future carried interest distributions via independent third party valuation
    Vesting Schedule [Text]Ratably over 3 years
    Conditions [Text]No distributions if firm's ROE < 5% or CET1 ratio falls below regulatory minimums ; subject to forfeiture and clawback

    Cash Compensation Performance Metrics

    Metric Component [Details]**Description
    Considered Metrics [Text]Net revenues, net earnings, ROE, EPS; also strategic priorities, client orientation, risk management, and people strategy
    Specific Targets/Thresholds [Text]No specific thresholds or targets provided
    Vesting [Text]Not applicable to cash component as it is not equity-based