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Goldman Sachs $25M Pay for Lawyer Amid Epstein Scandal

Financial Times Companies •
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Outgoing Goldman Sachs general counsel Kathy Ruemmler received $25 million in 2025 compensation, the bank disclosed Friday, ahead of her June departure following revelations about her ties to Jeffrey Epstein. Her pay rose 11 percent from $22.5 million the prior year, with a $1.5 million base salary and $23.5 million bonus.

Ruemmler's compensation comes as Goldman Sachs profits grew 20 percent to $17.2 billion. The bank praised her in a filing as providing "exceptional judgment and advice" across legal, risk management, and regulatory matters during 2025. She joined Goldman in 2020 after serving as White House counsel under President Obama.

Ruemmler announced her resignation last month after the release of thousands of emails exchanged with Epstein between 2014 and 2019 while she was at Latham & Watkins. She told the Financial Times the issue had become a "distraction" but has not been accused of wrongdoing. Goldman CEO David Solomon reluctantly accepted her resignation.