Goldman ups Blankfein's compensation to $24 million

April 10, 2015 4:29 PM

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Goldman Sachs GS boosted CEO Lloyd Blankfein’s compensation package 4.3% to $24 million last year, the investment bank said Friday in a proxy filing.

Blankfein’s salary remained unchanged at $2 million, but his bonus jumped 16% to $7.3 million and the value of his stock award rose 12% to $12.5 million. About half of the stock award are newly initiated performance-based shares based on the company’s return on equity from 2015-2017.

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