Farid Tan
2022
In 2022, Farid Tan earned a total compensation of $2.3M as President at MetroCity Bankshares, a 39% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $850,000 |
|---|---|
| Salary | $425,000 |
| Stock Awards | $1,001,019 |
| Total | $2,276,019 |
Tan received $1M in stock awards, accounting for 44% of the total pay in 2022.
Tan also received $850K in non-equity incentive plan and $425K in salary.
Rankings
In 2022, Farid Tan's compensation ranked 1,590th out of 5,760 executives tracked by ExecPay. In other words, Tan earned more than 72.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,590 out of 5,760 | 72nd |
Division Finance, Insurance, And Real Estate | 88 out of 666 | 87th |
Major group Depository Institutions | 12 out of 360 | 97th |
Industry group Commercial Banks | 8 out of 222 | 96th |
Industry State Commercial Banks | 5 out of 159 | 97th |
Source: SEC filing on April 13, 2023.
Tan's colleagues
We found two more compensation records of executives who worked with Farid Tan at MetroCity Bankshares in 2022.
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