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Goldman Sachs Group's top management is about to receive a special bonus, the scale of which will rank among the largest such awards in the company's history. According to documents and sources familiar with the matter, about 20 executives are expected to receive a batch of equity rewards to be finalized later this month, with a total value of more than 500 million US dollars based on current stock prices. This award comes from Goldman Sachs's performance over the past five years, during which time the company outperformed most of its competitors. CEO Su Dewei is expected to receive the largest of these, worth more than $100 million. Other beneficiaries include President John Waldron, who is seen as its potential successor, and Ashok Varadhan, Dan Dees, and Marc Nachmann, heads of Goldman Sachs's most important business lines.
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Goldman Sachs Group's top management is about to receive a special bonus, the scale of which will rank among the largest such awards in the company's history. According to documents and sources familiar with the matter, about 20 executives are expected to receive a batch of equity rewards to be finalized later this month, with a total value of more than 500 million US dollars based on current stock prices. This award comes from Goldman Sachs's performance over the past five years, during which time the company outperformed most of its competitors. CEO Su Dewei is expected to receive the largest of these, worth more than $100 million. Other beneficiaries include President John Waldron, who is seen as its potential successor, and Ashok Varadhan, Dan Dees, and Marc Nachmann, heads of Goldman Sachs's most important business lines.
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