John Fawcett
2019
In 2019, John Fawcett earned a total compensation of $3.8M as Executive Vice President and Chief Financial Officer at CIT Group, a 7% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,350,000 |
|---|---|
| Salary | $800,000 |
| Stock Awards | $1,600,000 |
| Other | $14,352 |
| Total | $3,764,352 |
Fawcett received $1.6M in stock awards, accounting for 43% of the total pay in 2019.
Fawcett also received $1.4M in non-equity incentive plan, $800K in salary and $14.4K in other compensation.
Rankings
In 2019, John Fawcett's compensation ranked 3,200th out of 13,971 executives tracked by ExecPay. In other words, Fawcett earned more than 77.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,200 out of 13,971 | 77th |
Division Finance, Insurance, And Real Estate | 629 out of 2,894 | 78th |
Major group Depository Institutions | 125 out of 1,219 | 90th |
Industry group Commercial Banks | 109 out of 1,007 | 89th |
Industry National Commercial Banks | 73 out of 369 | 80th |
Pay ratio
| John Fawcett's Pay | $3,764,352 |
|---|---|
| Median Employee's Pay | $93,434 |
| Pay Ratio | 40to 1 |
In 2019, the annual total compensation of John Fawcett was $3,764,352.
The annual total compensation of the median employee at CIT Group was $93,434.
The ratio of John Fawcett's pay to the pay of median employee was therefore 40 to one.
Source: SEC filing on April 2, 2020.
Fawcett's colleagues
We found four more compensation records of executives who worked with John Fawcett at CIT Group in 2019.