Goldman Sachs CEO Lloyd Blankfein took a $1 million pay cut last year — to $22 million

Lloyd Blankfein.
Goldman Sachs

Goldman Sachs CEO Lloyd Blankfein was paid $22 million in total compensation in 2016, according to a regulatory filing.

That’s down $1 million from the roughly $23 million in salary and bonuses he was paid in 2015 – which in turn was down $1 million from 2014.

His base salary for the year was unchanged at $2 million, while he received $20 million in performance-based awards and cash bonus.

Chief Financial Officer Harvey Schwartz received a total compensation of $20 million in 2016, compared with $21 million a year earlier. Schwartz was named co-COO and president together with David Solomon in late 2016.

Blankfein, 62, has been CEO of the global financial firm since 2006.