Asset Management

Goldman Sachs Group Executive Compensation (FY25)

GS · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
David Solomon
Latest say-on-pay support
=
April 29, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 19, 2026Latest filing (8-K): May 1, 2026
5 filings cited on this page
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213 figures on this page: 210 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — David Solomon: $31,290,110 → $118,135,674 (277.5% higher)
Say-on-pay support: 66.0% → 70.3% (4.3 points higher)
CEO pay ratio: 192:1 → 740:1 (285.4% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Goldman Sachs Group's chief executive and what were they paid?
David Solomon, Chairman and CEO, received $118,135,674 in total compensation for fiscal 2025. Solomon's total moved 277.5% higher from the $31,290,110 reported for fiscal 2024.
What was Goldman Sachs Group's say-on-pay result?
The say-on-pay proposal drew 70.3% of votes cast including abstentions in favor at the meeting held April 29, 2026 for fiscal 2025.
Which companies are in Goldman Sachs Group's peer group?
Companies named in the disclosed peer group include Bank of America Corporation, Citigroup Inc., Deutsche Bank AG, JPMorgan Chase & Co. and Morgan Stanley, among others. Companies named in the U.S. Peers include Bank of America Corporation, Citigroup Inc., JPMorgan Chase & Co., Morgan Stanley and The Bank of New York Mellon Corporation, among others. The European Peers names Barclays PLC, Deutsche Bank AG and UBS Group AG.
What is Goldman Sachs Group's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 740:1, against median employee compensation of $160,667.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Solomon
Chairman and Chief Executive Officer
◇◇◇———◇◇
John Waldron
President and Chief Operating Officer
◇◇◇———◇◇
Denis Coleman
Chief Financial Officer
◇◇◇———◇◇
Philip Berlinski
Global Treasurer
◇◇◇———◇◇
Kathryn Ruemmler
Chief Legal Officer and General Counsel
◇◇◇———◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Solomon
Chairman and Chief Executive Officer
◇◇◇——◇◇◇
John Waldron
President and Chief Operating Officer
◇◇◇——◇◇◇
Denis Coleman
Chief Financial Officer
◇◇◇——◇◇◇
Philip Berlinski
Global Treasurer
◇◇◇——◇◇◇
Kathryn Ruemmler
Chief Legal Officer and General Counsel
◇◇◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Solomon
Chairman and Chief Executive Officer
◇◇◇———◇◇
John Waldron
President and Chief Operating Officer
◇◇◇———◇◇
Denis Coleman
Chief Financial Officer
◇◇◇———◇◇
Kathryn Ruemmler
Chief Legal Officer and General Counsel
◇◇◇———◇◇
John Rogers
Executive Vice President
◇◇◇——◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Solomon
Chairman and CEO
◇◇◇——◇◇◇
John Waldron
President and COO
◇◇◇——◇◇◇
Denis Coleman
CFO
◇◇◇———◇◇
Kathryn Ruemmler
CLO and General Counsel
◇◇◇———◇◇
John Rogers
Executive Vice President
◇◇◇——◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
David SolomonPSU◇◇◇—◇—◇
David SolomonRSU◇——◇——◇
Denis ColemanPSU◇◇◇—◇—◇
John RogersPSU◇◇◇—◇—◇
John WaldronRSU◇——◇——◇
John WaldronPSU◇◇◇—◇—◇
Kathryn RuemmlerPSU◇◇◇—◇—◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Kathryn RuemmlerPSU◇◇——
Denis ColemanPSU◇◇——
John RogersPSU◇◇——
David SolomonPSU◇◇——
RSU◇◇——
John WaldronPSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter Oppenheimer
—◇———◇◇
Jan Tighe
Lead independent director
◇◇———◇◇
Kevin Johnson
—◇———◇◇
Michele Burns
◇◇———◇◇
David Viniar
◇◇———◇◇
Kimberley Harris
◇◇———◇◇
Thomas Montag
◇◇———◇◇
Ellen Kullman
◇◇———◇◇
Mark Flaherty
—◇———◇◇
Lakshmi Mittal
—◇————◇
John Hess
—◇————◇
KC McClure
—◇————◇
David Solomon and John Waldron served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Bank of America Corporation BAC
  • Citigroup Inc. C
  • Deutsche Bank AG DB
  • JPMorgan Chase & Co. JPM
  • Morgan Stanley MS
  • The Bank of New York Mellon Corporation BNY
  • UBS Group AG UBS
  • Wells Fargo & Company WFC
U.S. Peers
  • Bank of America Corporation BAC
  • Citigroup Inc. C
  • JPMorgan Chase & Co. JPM
  • Morgan Stanley MS
  • The Bank of New York Mellon Corporation BNY
  • Wells Fargo & Company WFC
European Peers
  • Barclays PLC BCS
  • Deutsche Bank AG DB
  • UBS Group AG UBS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 29, 2026=◇◇◇
2024April 23, 2025=◇◇◇
2023April 24, 2024=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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- David Solomon (Chairman and CEO), FY2025 total compensation $118,135,674 (base salary $2,000,000) [exec_comp, SEC accession 0001193125-26-117433, filed 2026-03-20]

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What this page does not include

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
213 figures on this page: 210 cited to the filing that reported them, 3 calculated from figures it prints.
210 cited to the filing
3 calculated from the filing

Documents cited

  1. 0001193125-26-199988
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-117433
    2025 Grants of Plan-Based Awards · 2025 Outstanding Equity Awards at Fiscal Year-End · 2025 Summary Compensation Table · Director Compensation Program · and 1 more section
  3. 0001193125-25-093530
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-24-068743
    2023 Summary Compensation Table
  5. 0001193125-24-113922
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Goldman Sachs Group executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/GS (accessed 2026).
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5 filings cited on this page
Method: intel.velarion.ai/methodology
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Peers Goldman Sachs Group discloses

The companies named in GS's own disclosed peer group.

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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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