Fred E. Herman
2018
In 2018, Fred E. Herman earned a total compensation of $1.1M as Executive Vice President -Chief Information Officer at Rent A Center Inc DE, a 50% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $330,150 |
|---|---|
| Option Awards | $58,561 |
| Salary | $355,000 |
| Stock Awards | $325,327 |
| Other | $35,301 |
| Total | $1,104,339 |
Herman received $355K in salary, accounting for 32% of the total pay in 2018.
Herman also received $330.2K in non-equity incentive plan, $58.6K in option awards, $325.3K in stock awards and $35.3K in other compensation.
Rankings
In 2018, Fred E. Herman's compensation ranked 8,710th out of 14,244 executives tracked by ExecPay. In other words, Herman earned more than 38.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 8,710 out of 14,244 | 39th |
Division Services | 1,566 out of 2,374 | 34th |
Major group Business Services | 1,030 out of 1,566 | 34th |
Industry group Miscellaneous Equipment Rental And Leasing | 40 out of 47 | 15th |
Industry Equipment Rental and Leasing, Not Elsewhere Classified | 27 out of 33 | 18th |
Pay ratio
| Fred E. Herman's Pay | $1,104,339 |
|---|---|
| Median Employee's Pay | $36,828 |
| Pay Ratio | 30to 1 |
In 2018, the annual total compensation of Fred E. Herman was $1,104,339.
The annual total compensation of the median employee at Rent A Center Inc DE was $36,828.
The ratio of Fred E. Herman's pay to the pay of median employee was therefore 30 to one.
Source: SEC filing on April 25, 2019.
Herman's colleagues
We found four more compensation records of executives who worked with Fred E. Herman at Rent A Center Inc DE in 2018.