Faith-Based Institutional Investors join NCF-Led Effort to Press Goldman Sachs on Executive Compensation

The Nathan Cummings Foundation

 

Faith-Based Institutional Investors join NCF-Led Effort to Press Goldman Sachs on Executive Compensation

At Goldman Sachs, profits declined while CEO compensation nearly doubled. The Nathan Cummings Foundation, a long-term Goldman Sachs shareholder, is once again leading a coalition of institutional investors, including several orders of nuns, in an effort to press the Company on the appropriateness of the compensation packages it provides to its senior executives. With the press once again focused on executive compensation at financial firms, a number of recent articles have explored the NCF-led effort at Goldman, now in its second year.

Read more . . .