Blankfein awarded $12.6m in sharesLatest news update about;Blankfein awarded $12.6m in shares;Please respect FT.com's ts&cs and copyright policy which allow you to: share links; copy content for personal use; & redistribute limited extracts. Email ftsales.support@ft.com to buy additional rights or use this link to reference the articleawarded its chief executive, Lloyd Blankfein, $12.6m in restricted stock and more than trebled his annual salary, in a sign the public backlash against the bank’s pay practices may have waned.Blankfein awarded $12.6m in shares
The stock award, part of Mr Blankfein’s 2010 bonus, and pay rise come after one of the most tumultuous years in Goldman’s history. The bank settled civil charges from the Securities & Exchange Commission, saw US lawmakers rewrite hundreds of rules governing the financial services industry, and endured a tepid year in trading activity that crimped Goldman’s profits and stymied its stock price.Blankfein awarded $12.6m in shares
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