In a year when technology leaders again seized the top spots among America’s highest-paid executives, a scion of Goldman Sachs Group Inc. stood out.
John S. Weinberg, 60, whose surname had been synonymous with the bank for decades, left as co-vice chairman in 2015. A year later he joined Evercore Partners Inc., reaping sign-on awards worth $124 million as of Dec. 31. That placed him third on the Bloomberg Pay Index, a ranking of the best-compensated U.S. executives for 2016.
He joins an exclusive club increasingly dominated by bosses at companies that are, at best, just a few decades old. He’s surpassed only by Jet.com Inc. co-founder Marc Lore, whose $236.9 million in awarded compensation last year was largely composed of money Wal-Mart Stores Inc. paid to buy his company, and Apple Inc. Chief Executive Officer Tim Cook, who received $150 million. Google CEO Sundar Pichai, 44, and Tesla Inc.’s Elon Musk, 45, round out the top five.
Source: Bloomberg
Jr Trader Alexander Kumanov
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