Proxy Statement for 2018 Annual Meeting of ... - Goldman Sachs

Mar 23, 2018 - accounting firm for 2018 d Consideration of shareholder proposals, if properly presented by the relevant shareholder proponents d Transaction ...
2MB Sizes 2 Downloads 264 Views
The Goldman Sachs Group, Inc.

Annual Meeting of Shareholders Proxy Statement

2018

The Goldman Sachs Group, Inc.

The Goldman Sachs Group, Inc. Notice of 2018 Annual Meeting of Shareholders TIME AND DATE

8:30 a.m., local time, on Wednesday, May 2, 2018

PLACE

Goldman Sachs offices located at: 30 Hudson Street, Jersey City, New Jersey 07302

ITEMS OF BUSINESS

d

Election to our Board of Directors of the 11 director nominees named in the attached Proxy Statement for a one-year term

d

An advisory vote to approve executive compensation (Say on Pay)

d

Approval of The Goldman Sachs Amended and Restated Stock Incentive Plan (2018)

d

Ratification of the appointment of PwC as our independent registered public accounting firm for 2018

d

Consideration of shareholder proposals, if properly presented by the relevant shareholder proponents

d

Transaction of such other business as may properly come before our 2018 Annual Meeting of Shareholders

RECORD DATE

The record date for the determination of the shareholders entitled to vote at our 2018 Annual Meeting of Shareholders, or any adjournments or postponements thereof, was the close of business on March 5, 2018

Important Notice Regarding the Availability of Proxy Materials for our Annual Meeting to be held on May 2, 2018. Our Proxy Statement, 2017 Annual Report to Shareholders and other materials are available on our website at www.gs.com/proxymaterials.

By Order of the Board of Directors,

Beverly L. O’Toole Assistant Secretary March 23, 2018

Your vote is important to us. Please exercise your shareholder right to vote. By March 23, 2018, we will have sent to certain of our shareholders a Notice of Internet Availability of Proxy Materials (Notice). The Notice includes instructions on how to access our Proxy Statement and 2017 Annual Report to Shareholders and vote online. Shareholders who do not receive the Notice will continue to receive either a paper or an electronic copy of our proxy materials, which will be sent on or about March 27, 2018. For more information, see Frequently Asked Questions.

Table of Contents

Table of Contents Letter from our Chairman and CEO . . . . . . . . . . . . . . . . . . . . . . . .ii Letter from our Lead Director . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .iii Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 2018 Annual Meeting Information . . . . . . . . . . . . . . . . . . . . . . .1 Matters to be Voted on at our 2018 Annual Meeting . . . .1 Impact of Certain Tax-Related Items on the Firm’s 2017 Performance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2 Performance Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Compensation Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 2018 Stock Incentive Plan Highlights . . . . . . . . . . . . . . . . . . . .9 Corporate Governance Highlights . . . . . . . . . . . . . . . . . . . . . .10 Shareholder Engagement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 Corporate Governance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15 Item 1. Election of Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . .15 Our Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15 Independence of Directors . . . . . . . . . . . . . . . . . . . . . . . . . . .24 Structure of our Board and Governance Practices . . . . .25 Our Board Committees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .25 Board and Committee Evaluations . . . . . . . . . . . . . . . . . . .27 Board Leadership Structure . . . . . . . . . . . . . . . . . .