The Money Times: Goldman Sachs CEO gets $9 million bonus for 2009

The Money Times: Goldman Sachs CEO gets $9 million bonus for 2009

February 6 2010

Lloyd Blankfein, the chief executive officer of Goldman Sachs, received a stock-based bonus of $9 million, an amount considerably less than expected, for the year 2009.

Joseph Sorrentino, a managing director at Steven Hall & Partners LLC, a New York-based executive compensation consulting firm opined, “They’re trying to be cognizant of public perception.  It’s more reflective of the current environment rather than performance.”