logo
Published on FierceFinance (http://www.fiercefinance.com)

Goldman Sachs co-presidents fare well

By admin
Created Mar 10 2008 - 7:59am

Lloyd Blankfein, Goldman Sachs [1]' CEO, made $68.5 million last year in salary, bonuses and grants. But his co-presidents, Gary Cohn and Jon Winkelried, fared almost as well. They each made $67.5 million. David Viniar, Goldman's chief financial officer, made $57.5 million for 2007 and Edward Forst, chief administrative officer and head of the investment management business, earned $44 million. So the Goldman guys really did well. Especially compared to the several CEOs who lost their jobs. Some other CEOs waived bonuses for 2007 but grants from previous years were valued high. No point in feeling sorry for them.  

For more:
- here's the Financial Times article [2]

Related Articles:
Blankfein leads Goldman Sachs to new heights. Article [3]
The perks of being CEO. Article [4]
Promotions at Goldman Sachs; Cohn in spotlight. Article [5]


Source URL:
http://www.fiercefinance.com/story/goldman-sachs-co-presidents-fare-well/2008-03-10