NEW YORK (AP) — Goldman Sachs CEO Lloyd Blankfein received totalcompensation of $16.1 million in 2011, a 14 percent increase fromthe year before.


In a regulatory filing posted Friday morning, the New Yorkinvestment bank detailed Blankfein's compensation for last year.Goldman paid its chairman and CEO a salary of $2 million, a bonusof $3 million and stock awards worth $10.7 million.


Blankfein's total pay included $9,800 in matching payments tohis retirement plan, $51,467 for a car and driver and $258,701 forsecurity services. The amount Goldman paid for his security doubledfrom the year before.


The AP calculation of executive compensation aims to isolate thevalue company boards place on CEOs' total pay package. It includessalary, bonus, incentives, perks and the estimated value of stockoptions and awards.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.