Goldman Sachs CEO Pay Jumps 21% to $47 Million in 2025
Goldman Sachs CEO David Solomon’s total pay rose 21% to $47 million in 2025, making it the second-highest among the six largest U.S. bank CEOs. Collectively, these CEOs saw pay climb by $45.3 million to $258 million, driven mainly by stock-linked incentives.
1. Goldman Sachs CEO Compensation Details
David Solomon’s total compensation rose 21% to $47 million in 2025, up from $39 million the prior year. This increase positioned his pay just behind the highest among the big bank CEOs in 2025.
2. Peer Bank CEO Pay Increases
CEOs of JPMorgan, Bank of America, Citigroup, Wells Fargo and Morgan Stanley all earned at least $40 million, with Morgan Stanley’s Ted Pick seeing the largest individual bump to $45 million. Citigroup’s Jane Fraser earned $42 million, while Brian Moynihan and Jamie Dimon reached $41 million and $43 million respectively.
3. Pay Structure and Incentives
The combined $45.3 million increase to $258 million in aggregate CEO pay was driven primarily by stock-linked incentives rather than cash. This shift underscores banks’ emphasis on aligning executive rewards with long-term stock performance.