David A. Spector

2021 - PennyMac Financial Services

In 2021, David A. Spector earned a total compensation of $13.6M as Chairman and Chief Executive Officer at PennyMac Financial Services, a 10% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$8,864,938
Option Awards$1,101,254
Salary$1,000,000
Stock Awards$2,537,435
Other$71,597
Total$13,575,224

Spector received $8.9M in non-equity incentive plan, accounting for 65% of the total pay in 2021.

Spector also received $1.1M in option awards, $1M in salary, $2.5M in stock awards and $71.6K in other compensation.

Rankings

In 2021, David A. Spector's compensation ranked 652nd out of 12,415 executives tracked by ExecPay. In other words, Spector earned more than 94.7% of executives.

ClassificationRankingPercentile
All
652
out of 12,415
95th
Division
Finance, Insurance, And Real Estate
94
out of 2,276
96th
Major group
Non-depository Credit Institutions
2
out of 70
97th
Industry group
Mortgage Bankers And Brokers
1
out of 16
94th
Industry
Mortgage Bankers and Loan Correspondents
1
out of 16
94th

Pay ratio

David A. Spector's Pay$13,575,224
Median Employee's Pay$70,939
Pay Ratio

191

to 1

In 2021, the annual total compensation of David A. Spector was $13,575,224.

The annual total compensation of the median employee at PennyMac Financial Services was $70,939.

The ratio of David A. Spector's pay to the pay of median employee was therefore 191 to one.

Source: SEC filing on April 13, 2022.

Spector's colleagues

We found four more compensation records of executives who worked with David A. Spector at PennyMac Financial Services in 2021.

2021

Doug Jones

PennyMac Financial Services

President and Chief Mortgage Banking Officer

2021

Andrew Chang

PennyMac Financial Services

Chief Operating Officer

2021

Vandad Fartaj

PennyMac Financial Services

Chief Investment Officer

2021

Daniel Perotti

PennyMac Financial Services

Chief Financial Officer

News

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