New York | Goldman Sachs Group handed its top two executives retention awards valued at $US80 million ($129 million) each and launched a program to give its leaders a slice of carried interest earned on private equity funds as it tries to compete on pay with top alternative-asset managers.
The retention awards are the second in just more than three years given to chief executive officer David Solomon and president John Waldron, who is also the chief operating officer. They “reflect the board’s desire to retain the current CEO and COO as a senior leadership team”, according to a filing on Friday (Saturday AEDT).
