Chief financial officer David Viniar, president Gary Cohn, and vice-chairmen J. Michael Evans and John Weinberg each also received 61,702 restricted shares, said separate filings. Base salaries for those four executives jumped last year to US$1.85 million each from US$600,000.
The filings do not include how much any of the executives have been awarded in cash bonuses. Blankfein received a US$5.4 million cash bonus for 2010, his first since getting about US$27 million in cash bonuses for each of 2007 and 2006.
James Johnson, the longest serving member of the Goldman Sachs board, is chairman of the compensation committee. The company won approval from 73 per cent of shareholders for its compensation plan at the last annual meeting in May, down from 96 per cent a year earlier.
JPMorgan Chase chief executive Jamie Dimon's pay package for last year was almost unchanged at about US$23 million after trimming stock and options awards, said a person with knowledge of the decision.
JPMorgan, the most profitable US bank, paid Dimon US$17.3 million in restricted stock and options for 2011, down from US$17.4 million for 2010, including 337,032 restricted shares valued at about US$12.3 million, said regulatory filings by the New York-based company. The package awarded 562,430 options valued by the firm at about US$5 million, said the person, who asked for anonymity.
Morgan Stanley, the sixth-largest US bank by assets, paid chairman and chief executive James Gorman US$10.5 million for 2011, a 25 per cent decrease from the previous year, a person familiar with the decision said on January 19.
Gorman, 53, will get 277,768 restricted shares, valued at US$5.1 million at the January 19 closing price of US$18.39, said a filing with the SEC.
- BLOOMBERG
