Jack Remondi
2016
In 2016, Jack Remondi earned a total compensation of $6.6M as President and Chief Executive Officer at Navient, a 24% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,666,500 |
|---|---|
| Option Awards | $769,999 |
| Salary | $1,000,000 |
| Stock Awards | $3,079,980 |
| Other | $43,431 |
| Total | $6,559,910 |
Remondi received $3.1M in stock awards, accounting for 47% of the total pay in 2016.
Remondi also received $1.7M in non-equity incentive plan, $770K in option awards, $1M in salary and $43.4K in other compensation.
Rankings
In 2016, Jack Remondi's compensation ranked 1,050th out of 14,075 executives tracked by ExecPay. In other words, Remondi earned more than 92.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,050 out of 14,075 | 93rd |
Division Finance, Insurance, And Real Estate | 210 out of 3,060 | 93rd |
Major group Security And Commodity Brokers, Dealers, Exchanges, And Services | 53 out of 253 | 79th |
Industry group Security Brokers, Dealers, And Flotation | 22 out of 99 | 78th |
Industry Security Brokers, Dealers, and Flotation Companies | 22 out of 99 | 78th |
Source: SEC filing on April 13, 2017.
Remondi's colleagues
We found five more compensation records of executives who worked with Jack Remondi at Navient in 2016.