GOLDMAN SACHS GROUP INC
For the period ended Apr 23, 2025. Filed Mar 14, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 23, 2025 · Filed Mar 14, 2025
Contents
Commitment of our Board
Commitment of our Directors—2024 Meetings
Our Board and its Committees met frequently in 2024.
| 2024 Meetings | ||
|---|---|---|
| Board | 28(a) | |
| Audit | 16 | 86 Total Board and Committee Meetings in 2024 |
| Compensation | 11 | |
| Governance | 9 | |
| Public Responsibilities | 6 | |
| Risk | 13 | |
| NEW. Technology Risk Subcommittee (formed June 2024) | 3 | |
| Executive Sessions of Independent Directors without Management(b) | 7 | |
| Additional Sessions of Independent Directors without Management(c) | 12 | |
| (a) Includes meetings of special Board committees formed from time to time. (b) Chaired by our Lead Director. (c) Led by our other independent Committee Chairs. | ||
Each of our current directors attended over 75% (the threshold for disclosure under SEC rules) of the meetings of our Board and the Committees on which they served as a regular member during 2024. Overall attendance at Board and Committee meetings during 2024 was approximately 97% for our directors as a group.
We encourage our directors to attend our annual meetings. All of our directors then in office attended the 2024 Annual Meeting.*
| * | One director listened to the meeting via webcast as the director was unable to travel for medical reasons. |
|---|
| 26 | Goldman Sachs | Proxy Statement for the 2025 Annual Meeting of Shareholders |
COMMITMENT OF OUR BOARD
Commitment of our Directors—Beyond the Boardroom
Engagement beyond the boardroom provides our directors with additional insights into our businesses, risk management and industry, as well as valuable perspectives on the performance of our firm, our CEO and other members of senior management.
The commitment of our directors extends well beyond preparation for, and attendance at, regular and special meetings.
| Ongoing Collaboration Frequent interactions with each other, senior management, business leaders and other key employees around the globe on topics including strategy, performance, risk management, culture and talent development | Stakeholder Engagement Regular engagement with key stakeholders, including regulators and our shareholders. Participation in firm and industry conferences and other events on behalf of the Board | Regularly Informed Receive and review postings on significant developments and weekly informational packages that include updates on recent developments, press coverage and current events that relate to our business, our people and our industry | Service on Subsidiary Boards Provides connectivity and enhances oversight of our entities worldwide |
|---|
Our Lead Director and Committee Chairs provide additional independent leadership outside the boardroom.
| ∎ | For example, each Chair sets the agenda for their respective Committee meetings and reviews and provides feedback on the form and type of related materials, in each case taking into account whether their Committee is appropriately carrying out its core responsibilities and focusing on the key issues facing the firm, as may be applicable from time to time. To do so, each Chair engages with key members of management and subject matter experts in advance of each Committee meeting. |
| ∎ | In addition, our Lead Director also sets the Board agenda (working with our Chairman) and approves the form and type of related materials. Our Lead Director also approves the schedule for Board and Committee meetings, taking into account whether there is sufficient time for discussion of all agenda items at each meeting. |
In carrying out their leadership roles during 2024:
| Lead Director / Governance Chair Adebayo Ogunlesi or David Viniar* | Includes meetings with, as applicable: CEO, COO, CFO, Secretary to the Board, Legal, Internal Audit, Controllers, Compliance, Risk, Engineering, Human Capital Management, Executive Office, Shareholders, Regulators, Independent Compensation Consultants, Independent Auditors and/or other Directors |
|---|---|
| Over 150 meetings | |
| Committee Chairs Audit – Peter Oppenheimer Compensation – Kimberley Harris Public Responsibilities – Ellen Kullman Risk – David Viniar or Thomas Montag* TRiS - Jan Tighe* | |
| Over 250 meetings | |
| * | Changes to Lead Director, Governance Committee Chair and Risk Committee Chair effective April 2024; TRiS formed in June 2024. |
|---|
| Proxy Statement for the 2025 Annual Meeting of Shareholders | Goldman Sachs | 27 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.