David W. Wallis
2008
In 2008, David W. Wallis earned a total compensation of $7M as President and Chief Executive Officer at Ambac Financial Group.
Compensation breakdown
| Bonus | $500,000 |
|---|---|
| Option Awards | $2,242,292 |
| Salary | $718,592 |
| Stock Awards | $2,779,345 |
| Other | $746,120 |
| Total | $6,986,349 |
Wallis received $2.8M in stock awards, accounting for 40% of the total pay in 2008.
Wallis also received $500K in bonus, $2.2M in option awards, $718.6K in salary and $746.1K in other compensation.
Rankings
In 2008, David W. Wallis' compensation ranked 492nd out of 9,135 executives tracked by ExecPay. In other words, Wallis earned more than 94.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 492 out of 9,135 | 95th |
Division Finance, Insurance, And Real Estate | 98 out of 2,034 | 95th |
Major group Insurance Carriers | 22 out of 306 | 93rd |
Industry group Surety Insurance | 1 out of 24 | 96th |
Industry Surety Insurance | 1 out of 24 | 96th |
Source: SEC filing on April 30, 2010.
Wallis' colleagues
We found two more compensation records of executives who worked with David W. Wallis at Ambac Financial Group in 2008.