Goldman Sachs CEO pay boosted to $27.5 mn

New York (AFP) – 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, inclu…

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