Reported about 5 hours ago
Goldman Sachs has offered John Waldron, its president and COO, an $80 million restricted stock package to encourage him to remain with the firm for another five years as a part of its succession strategy for CEO David Solomon. This move comes amid intense competition for talent in the financial sector, as Waldron has faced poaching attempts from rival firms. The retention package aims to solidify a strong leadership transition while recognizing Waldron's significant contributions over nearly three decades.
Source: YAHOO