Ellen R. Alemany
2019
In 2019, Ellen R. Alemany earned a total compensation of $8.3M as Chairwoman and Chief Executive Officer of CIT Group at CIT Group, a 7% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,275,000 |
|---|---|
| Salary | $1,000,000 |
| Stock Awards | $5,000,000 |
| Other | $64,413 |
| Total | $8,339,413 |
Alemany received $5M in stock awards, accounting for 60% of the total pay in 2019.
Alemany also received $2.3M in non-equity incentive plan, $1M in salary and $64.4K in other compensation.
Rankings
In 2019, Ellen R. Alemany's compensation ranked 1,021st out of 13,971 executives tracked by ExecPay. In other words, Alemany earned more than 92.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,021 out of 13,971 | 93rd |
Division Finance, Insurance, And Real Estate | 205 out of 2,894 | 93rd |
Major group Depository Institutions | 48 out of 1,219 | 96th |
Industry group Commercial Banks | 44 out of 1,007 | 96th |
Industry National Commercial Banks | 34 out of 369 | 91st |
Pay ratio
| Ellen R. Alemany's Pay | $8,339,413 |
|---|---|
| Median Employee's Pay | $93,434 |
| Pay Ratio | 89to 1 |
In 2019, the annual total compensation of Ellen R. Alemany was $8,339,413.
The annual total compensation of the median employee at CIT Group was $93,434.
The ratio of Ellen R. Alemany's pay to the pay of median employee was therefore 89 to one.
Source: SEC filing on April 2, 2020.
Alemany's colleagues
We found four more compensation records of executives who worked with Ellen R. Alemany at CIT Group in 2019.