Salary triples for Goldman CEO Blankfein

January 29, 2011 | 09:14
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US banking powerhouse Goldman Sachs said Friday it was more than tripling the salary of chief executive Lloyd Blankfein to $2 million in 2011 from $600,000 last year.
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The four other top executives of Wall Street's premier investment bank will also see their basic salaries triple from the present $600,000: chief operating officer Gary Cohn, finance director David Viniar, and two vice presidents Michael Evans and John Weinberg will each earn $1.85 million, Goldman said in a document published Friday.

Such sums do not include the year-end bonuses which regularly multiply salaries at the top US banks by several times.

Last year Blankfein pulled in a bonus of $9 million.

AFP

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