Joseph A. Sullivan
2019
In 2019, Joseph A. Sullivan earned a total compensation of $10M as Chief Executive Officer at Legg Mason, a 3% increase compared to previous year.
Compensation breakdown
| Bonus | $3,400,000 |
|---|---|
| Salary | $500,000 |
| Stock Awards | $5,732,643 |
| Other | $319,627 |
| Total | $9,952,270 |
Sullivan received $5.7M in stock awards, accounting for 58% of the total pay in 2019.
Sullivan also received $3.4M in bonus, $500K in salary and $319.6K in other compensation.
Rankings
In 2019, Joseph A. Sullivan's compensation ranked 754th out of 13,971 executives tracked by ExecPay. In other words, Sullivan earned more than 94.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 754 out of 13,971 | 95th |
Division Finance, Insurance, And Real Estate | 145 out of 2,894 | 95th |
Major group Security And Commodity Brokers, Dealers, Exchanges, And Services | 34 out of 254 | 87th |
Industry group Services Allied With The Exchange Of Securities | 14 out of 132 | 89th |
Industry Investment Advice | 14 out of 132 | 89th |
Pay ratio
| Joseph A. Sullivan's Pay | $9,952,270 |
|---|---|
| Median Employee's Pay | $165,165 |
| Pay Ratio | 60to 1 |
In 2019, the annual total compensation of Joseph A. Sullivan was $9,952,270.
The annual total compensation of the median employee at Legg Mason was $165,165.
The ratio of Joseph A. Sullivan's pay to the pay of median employee was therefore 60 to one.
Source: SEC filing on June 20, 2019.
Sullivan's colleagues
We found four more compensation records of executives who worked with Joseph A. Sullivan at Legg Mason in 2019.