Goldman Sachs CEO Lloyd Blankfein took at 27% pay cut last year - to $22 million
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Goldman Sachs CEO Lloyd Blankfein was paid $22 million in total compensation in 2016, according to a regulatory filing.
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That's down $1 million, about 27%, from the roughly $23 million in salary and bonuses he was paid in 2015 - which in turn was down $1 million from 2014.
His base salary for the year was unchanged at $2 million, while he received $20 million in performance-based awards and cash bonus.
Chief Financial Officer Harvey Schwartz received a total compensation of $20 million in 2016, compared with $21 million a year earlier. Schwartz was named co-COO and president together with David Solomon in late 2016.
Blankfein, 62, has been CEO of the global financial firm since 2006.
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