Jeffrey M. Peek
2008
In 2008, Jeffrey M. Peek earned a total compensation of $5.4M as Former Chairman and Chief Executive Officer at CIT Group, a 55% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,156,516 |
|---|---|
| Salary | $800,000 |
| Stock Awards | $3,172,500 |
| Other | $254,501 |
| Total | $5,383,517 |
Peek received $3.2M in stock awards, accounting for 59% of the total pay in 2008.
Peek also received $1.2M of change in pension value and nonqualified deferred compensation earnings, $800K in salary and $254.5K in other compensation.
Rankings
In 2008, Jeffrey M. Peek's compensation ranked 729th out of 9,135 executives tracked by ExecPay. In other words, Peek earned more than 92.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 729 out of 9,135 | 92nd |
Division Finance, Insurance, And Real Estate | 141 out of 2,034 | 93rd |
Major group Depository Institutions | 41 out of 943 | 96th |
Industry group Commercial Banks | 39 out of 802 | 95th |
Industry National Commercial Banks | 27 out of 316 | 92nd |
Source: SEC filing on March 31, 2011.
Peek's colleagues
We found five more compensation records of executives who worked with Jeffrey M. Peek at CIT Group in 2008.