Glass Lewis Report Highlights Goldman Sachs Retention Awards

A Glass Lewis report revealed that Goldman Sachs, along with four other major financial institutions, represented about $379 million, or nearly 87%, of the total value of fiscal year 2025 retention awards. In January 2025, Goldman Sachs awarded retention restricted stock units (RSUs) worth $80 million each to CEO David Solomon and president and COO John Waldron, which will vest over five years. The board emphasized these grants as crucial for leadership continuity and succession planning.