David A. Spector

2020 - PennyMac Financial Services

In 2020, David A. Spector earned a total compensation of $12.4M as Chairman and Chief Executive Officer at PennyMac Financial Services, a 22% increase compared to previous year.

Compensation breakdown

Bonus$6,400,000
Option Awards$3,204,163
Salary$1,000,000
Stock Awards$1,688,936
Other$82,229
Total$12,375,328

Spector received $6.4M in bonus, accounting for 52% of the total pay in 2020.

Spector also received $3.2M in option awards, $1M in salary, $1.7M in stock awards and $82.2K in other compensation.

Rankings

In 2020, David A. Spector's compensation ranked 577th out of 13,090 executives tracked by ExecPay. In other words, Spector earned more than 95.6% of executives.

ClassificationRankingPercentile
All
577
out of 13,090
96th
Division
Finance, Insurance, And Real Estate
80
out of 2,550
97th
Major group
Non-depository Credit Institutions
1
out of 66
99th
Industry group
Mortgage Bankers And Brokers
1
out of 14
93rd
Industry
Mortgage Bankers and Loan Correspondents
1
out of 14
93rd

Pay ratio

David A. Spector's Pay$12,375,328
Median Employee's Pay$73,076
Pay Ratio

169

to 1

In 2020, the annual total compensation of David A. Spector was $12,375,328.

The annual total compensation of the median employee at PennyMac Financial Services was $73,076.

The ratio of David A. Spector's pay to the pay of median employee was therefore 169 to one.

Source: SEC filing on April 14, 2021.

Spector's colleagues

We found four more compensation records of executives who worked with David A. Spector at PennyMac Financial Services in 2020.

2020

Doug Jones

PennyMac Financial Services

President and Chief Mortgage Banking Officer

2020

Vandad Fartaj

PennyMac Financial Services

Chief Investment Officer

2020

Andrew Chang

PennyMac Financial Services

Chief Operating Officer

2020

Jeffrey Grogin

PennyMac Financial Services

Senior Managing Director and Chief Enterprise Operations Officer

News

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