Goldman's vice chairman sells stock, options for $13.2 million
(Reuters) – The vice chairman of Goldman Sachs Group Inc , J. Michael Evans, sold shares and exercised stock options that fetched about $13.2 million, according to a regulatory filing on Monday. The stock and option sales by Evans comes after Goldman completed most of a cost-saving program that aims to reduce annual expenses by $1.9 billion by cutting staff and other non-compensation expenses. Evans exercised 65,408 options granted 10 years ago, which were set to expire this month, and separately sold 90,000 shares, according to a filing made with the U.S. …
Monday, November 26, 2012
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment