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About: http://data.cimple.eu/news-article/9a48f3f677bf72f559ffe2e5d8f39c63b4c46ae298c6bdbcaefc2b72 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Goldman Sachs announced Friday that it boosted the pay package for its chief executive to $27.5 million in 2019, a 20 percent jump unveiled at a time when many companies are struggling for survival. Goldman disclosed the pay raise for Chief Executive David Solomon in a securities filing that also listed pay jumps for other top executives. Solomon, 58, who was installed as CEO in October 2018, "embodies" Goldman's culture as a strategic thinker and "engaged and motivating leader," the firm said in the filing. Solomon is credited with building new consumer-oriented products, including a credit card with Apple and with hosting the company's first shareholder meeting. Despite the timing, the pay level is similar to CEOs from JPMorgan Chase, Bank of America and other financial institutions that were disclosed earlier this year -- before the coronavirus decimated the prospects for many industries. Several leading industries are seeking federal bailouts in the first serious economic downturn since the 2008 financial crisis, which led to wrenching political debates and sharp public criticism of Goldman and other large banks at the center of the mortgage meltdown. jmb/hs
schema:headline	Goldman Sachs CEO pay boosted to $27.5 mn
schema:mentions	JPMorgan Chase Great Recession Goldman Sachs Credit card Mortgage loan Apple Inc. Chief executive officer Coronavirus David M. Solomon SEC filing
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-20 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	83 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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