Gary Cohn, Lloyd BlankfeinReuters/ Natalie BehringGoldman Sachs COO Gary Cohn and CEO Lloyd Blankfein.
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Disclaimer
Goldman Sachs CEO Lloyd Blankfein made $23 million in 2015 — down $1 million from the year before.
Blankfein's compensation included $2 million in base salary and $6.3 million in cash bonus, according to a person familiar with the matter.
He received $14.7 million in equity, according to an SEC filing.
That excludes a long-term incentive plan that will be reported later this year.
Last year, Blankfein made $24 million, excluding $7 million in long-term incentive compensation.
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President and COO Gary Cohn, CFO Harvey Schwartz, and the Co-CEO of Goldman Sachs International, Michael Sherwood, each received $21 million for 2015, down from $22 million from the year before.
Goldman Sachs reported fourth-quarter earnings on Wednesday that were a beat if you exclude a big one-time legal settlement. Full-year earnings per share were down 28.9% from the year before; excluding the legal settlement, they were up 9.4%.
Blankfein officially became a billionaire in July, according to the Bloomberg Billionaires Index.
JPMorgan on Thursday announced that CEO Jamie Dimon's 2015 total compensation was $27 million — a 35% raise from the year before. Dimon also became a billionaire in 2015.
Morgan Stanley CEO James Gorman took a 6.7% pay cut for 2015, earning $21 million in total compensation, including long-term incentive pay.