Fernando Scherrer
2007
In 2007, Fernando Scherrer earned a total compensation of $1.4M as former Executive Vice President Chief Fiancial Officer and at First Bancorp, a 13% increase compared to previous year.
Compensation breakdown
| Bonus | $452,200 |
|---|---|
| Option Awards | $183,750 |
| Salary | $700,000 |
| Other | $28,558 |
| Total | $1,364,508 |
Scherrer received $700K in salary, accounting for 51% of the total pay in 2007.
Scherrer also received $452.2K in bonus, $183.8K in option awards and $28.6K in other compensation.
Rankings
In 2007, Fernando Scherrer's compensation ranked 3,226th out of 8,700 executives tracked by ExecPay. In other words, Scherrer earned more than 62.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,226 out of 8,700 | 63rd |
Division Finance, Insurance, And Real Estate | 637 out of 1,930 | 67th |
Major group Depository Institutions | 145 out of 931 | 84th |
Industry group Commercial Banks | 130 out of 793 | 84th |
Industry State Commercial Banks | 51 out of 466 | 89th |
Source: SEC filing on April 6, 2010.
Scherrer's colleagues
We found seven more compensation records of executives who worked with Fernando Scherrer at First Bancorp in 2007.
2007
Luis Beauchamp-Rodríguez
First Bancorp
Chief Executive Officer
2007
Luis Beauchamp
First Bancorp
Chief Executive Officer
2007
Aurelio Alemán-Bermúdez
First Bancorp
Chief Executive Officer
2007
Aurelio Alemán
First Bancorp
Chief Operating Officer
2007
Lawrence Odell
First Bancorp
General Counsel
2007
Randolfo Rivera-Sanfeliz
First Bancorp
Executive Vice President and Wholesale Banking Executive
2007
Randolfo Rivera
First Bancorp