Fernando Scherrer
2008
In 2008, Fernando Scherrer earned a total compensation of $1.2M as former Executive Vice President Chief Fiancial Officer and at First Bancorp, a 15% decrease compared to previous year.
Compensation breakdown
| Bonus | $2,200 |
|---|---|
| Non-Equity Incentive Plan | $442,566 |
| Salary | $700,000 |
| Other | $20,176 |
| Total | $1,164,942 |
Scherrer received $700K in salary, accounting for 60% of the total pay in 2008.
Scherrer also received $2.2K in bonus, $442.6K in non-equity incentive plan and $20.2K in other compensation.
Rankings
In 2008, Fernando Scherrer's compensation ranked 3,906th out of 9,135 executives tracked by ExecPay. In other words, Scherrer earned more than 57.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,906 out of 9,135 | 57th |
Division Finance, Insurance, And Real Estate | 740 out of 2,034 | 64th |
Major group Depository Institutions | 167 out of 943 | 82nd |
Industry group Commercial Banks | 142 out of 802 | 82nd |
Industry State Commercial Banks | 56 out of 486 | 89th |
Source: SEC filing on April 6, 2010.
Scherrer's colleagues
We found eight more compensation records of executives who worked with Fernando Scherrer at First Bancorp in 2008.
2008
Luis Beauchamp-Rodríguez
First Bancorp
Chief Executive Officer
2008
Luis Beauchamp
First Bancorp
Chief Executive Officer
2008
Aurelio Alemán
First Bancorp
Chief Operating Officer
2008
Aurelio Alemán-Bermúdez
First Bancorp
Chief Executive Officer
2008
Lawrence Odell
First Bancorp
General Counsel
2008
Randolfo Rivera-Sanfeliz
First Bancorp
Executive Vice President and Wholesale Banking Executive
2008
Randolfo Rivera
First Bancorp
Executive Vice President and Wholesale Banking Executive
2008
Victor Barreras-Pellegrini
First Bancorp