David M. Harnisch
2019
In 2019, David M. Harnisch earned a total compensation of $4.2M as President, Commercial Finance at CIT Group.
Compensation breakdown
| Bonus | $1,215,000 |
|---|---|
| Non-Equity Incentive Plan | $850,000 |
| Salary | $177,500 |
| Stock Awards | $2,000,000 |
| Other | $101 |
| Total | $4,242,601 |
Harnisch received $2M in stock awards, accounting for 47% of the total pay in 2019.
Harnisch also received $1.2M in bonus, $850K in non-equity incentive plan, $177.5K in salary and $101 in other compensation.
Rankings
In 2019, David M. Harnisch's compensation ranked 2,772nd out of 13,971 executives tracked by ExecPay. In other words, Harnisch earned more than 80.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,772 out of 13,971 | 80th |
Division Finance, Insurance, And Real Estate | 545 out of 2,894 | 81st |
Major group Depository Institutions | 113 out of 1,219 | 91st |
Industry group Commercial Banks | 98 out of 1,007 | 90th |
Industry National Commercial Banks | 65 out of 369 | 82nd |
Pay ratio
| David M. Harnisch's Pay | $4,242,601 |
|---|---|
| Median Employee's Pay | $93,434 |
| Pay Ratio | 45to 1 |
In 2019, the annual total compensation of David M. Harnisch was $4,242,601.
The annual total compensation of the median employee at CIT Group was $93,434.
The ratio of David M. Harnisch's pay to the pay of median employee was therefore 45 to one.
Source: SEC filing on April 2, 2020.
Harnisch's colleagues
We found four more compensation records of executives who worked with David M. Harnisch at CIT Group in 2019.