Wondering how to make the big bucks at The Goldman Sachs Group, Inc. (NYSE: GS)? Besides hard work, talent, meeting your goals, and organizational savvy, it helps to be bald.
According to Bloomberg, GS paid its CEO Lloyd Blankfein $54 million for his work in 2006.
It also paid $53 million to both first year co-presidents Gary Cohn (on the right) and John Winkelreid (left).
One of my Wharton classmates is a Goldman Managing Director who also happens to have a shiny pate.
I'm not the first to notice this trend. Fellow BloggingStocks blogger Rick Rickertsen wrote about the same trend back in October.
Could Goldman face a class action lawsuit from its non-follically DisAbled staffers who aren't cracking through Goldman's gold-plated executive ceiling? I doubt Lloyd Blankfein will be pulling out his hair worrying about it.
Peter Cohan is President of Peter S. Cohan & Associates, a management consulting and venture capital firm, He also teaches management at Babson College and edits The Cohan Letter. He has no financial interest in Goldman Sachs.
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Reader Comments (Page 1 of 1)
2-22-2007 @ 4:08PM
Beth Gaston Moon said...
Maybe Britney Spears is angling for a Wall Street job?