David A. Spector

2019 - PennyMac Financial Services

In 2019, David A. Spector earned a total compensation of $10.1M as President and Chief Executive Officer at PennyMac Financial Services, a 75% increase compared to previous year.

Compensation breakdown

Bonus$7,155,000
Option Awards$478,512
Salary$900,000
Stock Awards$1,526,128
Other$64,617
Total$10,124,258

Spector received $7.2M in bonus, accounting for 71% of the total pay in 2019.

Spector also received $478.5K in option awards, $900K in salary, $1.5M in stock awards and $64.6K in other compensation.

Rankings

In 2019, David A. Spector's compensation ranked 735th out of 13,971 executives tracked by ExecPay. In other words, Spector earned more than 94.7% of executives.

ClassificationRankingPercentile
All
735
out of 13,971
95th
Division
Finance, Insurance, And Real Estate
144
out of 2,894
95th
Major group
Non-depository Credit Institutions
6
out of 72
92nd
Industry group
Mortgage Bankers And Brokers
3
out of 13
77th
Industry
Mortgage Bankers and Loan Correspondents
3
out of 13
77th

Pay ratio

David A. Spector's Pay$10,124,258
Median Employee's Pay$67,742
Pay Ratio

149

to 1

In 2019, the annual total compensation of David A. Spector was $10,124,258.

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

The ratio of David A. Spector's pay to the pay of median employee was therefore 149 to one.

Source: SEC filing on April 3, 2020.

Spector's colleagues

We found four more compensation records of executives who worked with David A. Spector at PennyMac Financial Services in 2019.

2019

Stanford Kurland

PennyMac Financial Services

Chairman

2019

Doug Jones

PennyMac Financial Services

Senior Managing Director and Chief Mortgage Banking Officer

2019

Vandad Fartaj

PennyMac Financial Services

Chief Investment Officer

2019

Andrew Chang

PennyMac Financial Services

Chief Financial Officer

News

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