The SEC requires that the company's proxy disclose how much compensation executives received during the fiscal year. Under that methodology, which includes awards received during 2010 for performance in prior years, Blankfein received a total of $14.1 million in compensation.

Goldman Sachs's board has unanimously recommended that the firm give shareholders a non-binding advisory vote on executive compensation every year.

The firm is set to hold its annual shareholder meeting at 9:30 a.m. on May 6 in Jersey City, New Jersey.

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