Goldman Sachs CEO David Solomon’s 2025 Compensation Rises Over 20%

Goldman Sachs said that CEO David Solomon’s total annual compensation rose 20.5% to $47 million for 2025 after a strong year for the bank, making him one of the highest-paid chief executives on Wall Street, Pritam Biswas and Arunima Kumar reported for Reuters.

Solomon’s compensation as head of one of the most prominent Wall Street banks in the US included a base salary of $2 million and $45 million in annual variable compensation. (Photo: Grant Ellis, World Bank Flickr)

His compensation eclipsed JPMorgan Chase CEO Jamie Dimon’s pay package of $43 million announced recently, which was a bump of a little over 10%.

Solomon’s compensation as head of one of the most prominent Wall Street banks in the US included a base salary of $2 million and $45 million in annual variable compensation.

He was paid $31 million in 2023 and $39 million in 2024.

Goldman capped a strong year with its fourth-quarter results last week, where its profit beat Wall Street expectations, driven by a surge in dealmaking and trading.

Goldman advised on some large mergers in 2025, including the $56.5 billion leveraged buyout of Electronic Arts and Alphabet’s $32 billion acquisition of cloud security firm Wiz.

The bank was also a lead underwriter in medical supply giant Medline’s IPO in the fourth quarter, the largest listing globally in 2025.

These outsized deals helped Goldman secure the top spot once again for global M&A in 2025, with the bank advising on $1.48 trillion in total deal volume and raking in $4.6 billion in fees.