Goldman Sachs CEO David Solomon, photographed in Miami Beach, Fla., In 2020, is scheduled to perform at the Lollapalooza Music Festival in Chicago this summer.
Photo:
Getty Images for Casamigos
March 23, 2022 6:30 ET
The news is enough to turn heads on Wall Street.
David Solomon, of Goldman Sachs GS 1.18%
CEO, who sometimes goes to moonlight as an electronic dance musician, will perform at the Lollapalooza Music Festival in July, the festival announced on Tuesday.
The four-day event, held annually in Chicago, features more than 170 musical acts and attracts hundreds of thousands of revelers each year.
Most ticket buyers will likely be thrilled by headliner acts like Green Day, Doja Cat and Metallica. But when Mr Solomon takes the stage, he can still expect a more enthusiastic welcome than the polite applause that bankers usually receive at investor conferences. “Every Lolla lineup makes hands wave, heads nod, and people take turns,” the festival says on its website.
All this nodding and taking is not cheap though. Ticket prices start at $ 350 for the event, while the expensive list for more than $ 4,000. Happy for Goldman employees who hope to get a glimpse of their boss outside of work hours, times are good: the company posted blockbuster results and increased compensation by 33% by 2021.
Mr Solomon, who last year earned $ 35 million in pay from his day job, will not pursue his hobby into a second career despite the big break. He plans to donate his appearance fee to charity.
Sign up Charley Grant at charles.grant@wsj.com
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