Goldman Compensation Plan Loses Some Shareholder Support
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Shareholder approval for Goldman Sachs Group Inc.’s 2010 compensation plan, which doubled pay for Chairman and Chief Executive Officer Lloyd C. Blankfein, tumbled to 73 percent from 96 percent a year ago.
General Counsel Gregory K. Palm announced the vote tally at the end of today’s annual meeting, held for the first time at Goldman Sachs’s building in Jersey City, New Jersey.