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Goldman Sachs paid CEO Blankfein $19.9 million

By Steve Rothwell
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NEW YORK (AP) — Goldman Sachs Chairman and CEO Lloyd Blankfein’s total compensation rose by almost 50 percent to $19.9 million last year, boosted by the value of his stock awards.

The value of Blankfein’s stock awards more than doubled from $5.3 million to $11.3 million. Goldman’s stock rose 39 percent in 2013 as the bank’s profits climbed. The executive’s cash bonus also increased, climbing 11 percent to $6.3 million.

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