Lloyd Who?

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Goldman Sachs Group Chairman and Chief Executive Lloyd Blankfein received more than $54.3 million in cash, stock and options last year after leading Wall Street’s most profitable investment bank for just six months.

Blankfein, 52, named CEO in June after Henry “Hank” Paulson quit to become U.S. treasury secretary, earned $600,000 in salary, a cash bonus of $27.2 million, and $261,906 for such perks as a car, driver and financial counseling services, according to a proxy statement filed with the Securities and Exchange Commission Wednesday.

He also received $15.7 million in restricted stock, options to purchase 209,228 shares with a present value of $10.5 million, and $82,876 in “other” compensation, including company contributions to his pension plan, term life insurance and medical plans. (CNNMoney.com)

Published by Richard Brisebois

I help companies develop their leaders. I help managers develop themselves and their teams. I have worked with 7,000+ managers, leaders, and business owners in 40+ countries, from Fortune50 executives to SME business owners and tribal leaders. I specialize in designing and facilitating leadership development programs as well as executive coaching.

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