Andrew S. Chang

2019 - PennyMac Financial Services

In 2019, Andrew S. Chang earned a total compensation of $4.1M as Senior Managing Director and Chief Financial Officer at PennyMac Financial Services, a 82% increase compared to previous year.

Compensation breakdown

Bonus$2,699,000
Option Awards$192,084
Salary$325,000
Stock Awards$612,606
Other$283,860
Total$4,112,550

Chang received $2.7M in bonus, accounting for 66% of the total pay in 2019.

Chang also received $192.1K in option awards, $325K in salary, $612.6K in stock awards and $283.9K in other compensation.

Rankings

In 2019, Andrew S. Chang's compensation ranked 2,879th out of 13,971 executives tracked by ExecPay. In other words, Chang earned more than 79.4% of executives.

ClassificationRankingPercentile
All
2,879
out of 13,971
79th
Division
Finance, Insurance, And Real Estate
568
out of 2,897
80th
Major group
Non-depository Credit Institutions
18
out of 72
75th
Industry group
Mortgage Bankers And Brokers
6
out of 13
54th
Industry
Mortgage Bankers and Loan Correspondents
6
out of 13
54th

Pay ratio

Andrew S. Chang's Pay$4,112,550
Median Employee's Pay$67,742
Pay Ratio

61

to 1

In 2019, the annual total compensation of Andrew S. Chang was $4,112,550.

The annual total compensation of the median employee at PennyMac Financial Services was $67,742.

The ratio of Andrew S. Chang's pay to the pay of median employee was therefore 61 to one.

Source: SEC filing on April 3, 2020.

Chang's colleagues

We found four more compensation records of executives who worked with Andrew S. Chang at PennyMac Financial Services in 2019.

2019

Stanford Kurland

PennyMac Financial Services

Chairman

2019

David Spector

PennyMac Financial Services

Chief Executive Officer

2019

Doug Jones

PennyMac Financial Services

Senior Managing Director and Chief Mortgage Banking Officer

2019

Vandad Fartaj

PennyMac Financial Services

Chief Investment Officer

News

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