Farid Tan
2021
In 2021, Farid Tan earned a total compensation of $1.6M as President at MetroCity Bankshares, a 5% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $850,000 |
|---|---|
| Salary | $425,000 |
| Stock Awards | $359,896 |
| Total | $1,634,896 |
Tan received $850K in non-equity incentive plan, accounting for 52% of the total pay in 2021.
Tan also received $425K in salary and $359.9K in stock awards.
Rankings
In 2021, Farid Tan's compensation ranked 6,876th out of 12,415 executives tracked by ExecPay. In other words, Tan earned more than 44.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,876 out of 12,415 | 45th |
Division Finance, Insurance, And Real Estate | 1,068 out of 2,276 | 53rd |
Major group Depository Institutions | 232 out of 1,000 | 77th |
Industry group Commercial Banks | 200 out of 800 | 75th |
Industry State Commercial Banks | 101 out of 512 | 80th |
Source: SEC filing on April 14, 2022.
Tan's colleagues
We found two more compensation records of executives who worked with Farid Tan at MetroCity Bankshares in 2021.
News
MetroCity Bankshares CEO Nack Paek's 2023 pay slips 4% to $2.2M
April 12, 2024
MetroCity Bankshares CEO Nack Paek's 2022 pay jumps 39% to $2.3M
April 13, 2023
MetroCity Bankshares CEO Nack Paek's 2021 pay slips 5% to $1.6M
April 14, 2022
MetroCity Bankshares CEO Nack Paek's 2020 pay jumps 27% to $1.7M
April 16, 2021
MetroCity Bankshares CEO Nack Paek's 2019 pay falls 42% to $1.4M
April 17, 2020