Jeffrey M. Peek
2006
In 2006, Jeffrey M. Peek earned a total compensation of $13.8M as Chairman and Chief Executive Officer at CIT Group.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $776,993 |
|---|---|
| Non-Equity Incentive Plan | $3,010,000 |
| Option Awards | $2,592,949 |
| Salary | $800,000 |
| Stock Awards | $6,342,718 |
| Other | $284,474 |
| Total | $13,807,134 |
Peek received $6.3M in stock awards, accounting for 46% of the total pay in 2006.
Peek also received $777K of change in pension value and nonqualified deferred compensation earnings, $3M in non-equity incentive plan, $2.6M in option awards, $800K in salary and $284.5K in other compensation.
Rankings
In 2006, Jeffrey M. Peek's compensation ranked 130th out of 7,022 executives tracked by ExecPay. In other words, Peek earned more than 98.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 130 out of 7,022 | 98th |
Division Finance, Insurance, And Real Estate | 54 out of 1,953 | 97th |
Major group Depository Institutions | 15 out of 966 | 98th |
Industry group Commercial Banks | 15 out of 860 | 98th |
Industry National Commercial Banks | 13 out of 364 | 96th |
Source: SEC filing on April 1, 2009.
Peek's colleagues
We found two more compensation records of executives who worked with Jeffrey M. Peek at CIT Group in 2006.