Christopher D. Farrar
2023
In 2023, Christopher D. Farrar earned a total compensation of $3.9M as Chief Executive Officer at Velocity Financial, a 29% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,830,465 |
|---|---|
| Salary | $630,000 |
| Stock Awards | $1,417,500 |
| Other | $17,840 |
| Total | $3,895,805 |
Farrar received $1.8M in non-equity incentive plan, accounting for 47% of the total pay in 2023.
Farrar also received $630K in salary, $1.4M in stock awards and $17.8K in other compensation.
Rankings
In 2023, Christopher D. Farrar's compensation ranked 193rd out of 2,918 executives tracked by ExecPay. In other words, Farrar earned more than 93.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 193 out of 2,918 | 93rd |
Industry Finance services | 4 out of 40 | 90th |
Source: SEC filing on March 27, 2024.
Farrar's colleagues
We found two more compensation records of executives who worked with Christopher D. Farrar at Velocity Financial in 2023.
News
Velocity Financial CEO Christopher Farrar's 2023 pay jumps 29% to $3.9M
March 27, 2024
Velocity Financial CEO Christopher Farrar's 2022 pay rises 14% to $3M
March 30, 2023
Velocity Financial CEO Christopher Farrar's 2021 pay rises 4% to $2.6M
April 8, 2022
Velocity Financial CEO Christopher Farrar's 2020 pay jumps 194% to $2.5M
March 30, 2021