Goldman Sachs Awards One-Time Bonuses to Executives David Solomon, John Waldron

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Goldman Sachs Awards One-Time Bonuses to Executives David Solomon, John Waldron
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Goldman Sachs is giving CEO David Solomon and president John Waldron one-time stock bonuses designed to keep the executives at the helm of Wall Street’s biggest bank

Goldman Sachs Group Inc. is giving CEO David Solomon and president John Waldron one-time stock bonuses designed to keep the executives at the helm of Wall Street’s biggest bank.

The bank’s board of directors granted Mr. Solomon more than 73,000 restricted stock units, according to a regulatory filing Friday. Mr. Waldron received nearly 49,000 restricted stock units. The executives are required to hit certain performance targets to receive the bonus. At the bank’s current share price, Mr. Solomon’s shares are worth about $30 million, and Mr. Waldron’s are worth about $20 million.

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