Fernando Scherrer
2006
In 2006, Fernando Scherrer earned a total compensation of $1.2M as Executive Vice President and Chief Fiancial Officer at First Bancorp.
Compensation breakdown
| Bonus | $602,200 |
|---|---|
| Option Awards | $288,000 |
| Salary | $290,769 |
| Other | $22,180 |
| Total | $1,203,149 |
Scherrer received $602.2K in bonus, accounting for 50% of the total pay in 2006.
Scherrer also received $288K in option awards, $290.8K in salary and $22.2K in other compensation.
Rankings
In 2006, Fernando Scherrer's compensation ranked 2,698th out of 7,022 executives tracked by ExecPay. In other words, Scherrer earned more than 61.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,698 out of 7,022 | 62nd |
Division Finance, Insurance, And Real Estate | 671 out of 1,953 | 66th |
Major group Depository Institutions | 162 out of 966 | 83rd |
Industry group Commercial Banks | 153 out of 860 | 82nd |
Industry State Commercial Banks | 55 out of 496 | 89th |
Source: SEC filing on March 27, 2009.
Scherrer's colleagues
We found five more compensation records of executives who worked with Fernando Scherrer at First Bancorp in 2006.
2006
Luis Beauchamp
First Bancorp
Chief Executive Officer
2006
Aurelio Alemán
First Bancorp
Chief Operating Officer
2006
Lawrence Odell
First Bancorp
General Counsel
2006
Luis Cabrera
First Bancorp
Chief Financial Officer
2006
Randolfo Rivera
First Bancorp