Blankfein Made $14.1 Million In 2010
Lloyd Blankfein, the chief executive of Goldman Sachs Group, saw his 2010 compensation rise to $14.1m (€9.9m) from just over $1m (€700,000) in 2009, according to an analysis of data filed with regulators.
Mr Blankfein received a salary of $600,000 (€421,000), a cash bonus of $5.4m (€3.8m) and stock awards of $7.65m (€5.4m) for the year. He also received perks worth €328,000, including €131,000 for the use of a car, €44,000 for medical and dental coverage and the rest for life insurance, tax planning and retirement contributions.
In addition, he was granted restricted stock valued at $12.6m (€8.8m), up from $9m (€6.3m) in 2009, which is not counted in the total annual package because the grants are paid out over a period of three years.
Though his salary is among the top-tier for US executives, it is a fraction of what it was just a few years ago.
Mr Blankfein was known as one of the highest paid CEOs, taking home a package worth $42.9m (€30.1m) in 2008.
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