Joseph M. Leone
2007
In 2007, Joseph M. Leone earned a total compensation of $4M as Vice Chairman and Chief Financial Officer at CIT Group, a 22% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $89,355 |
|---|---|
| Option Awards | $1,320,396 |
| Salary | $500,000 |
| Stock Awards | $2,010,054 |
| Other | $50,431 |
| Total | $3,970,236 |
Leone received $2M in stock awards, accounting for 51% of the total pay in 2007.
Leone also received $89.4K of change in pension value and nonqualified deferred compensation earnings, $1.3M in option awards, $500K in salary and $50.4K in other compensation.
Rankings
In 2007, Joseph M. Leone's compensation ranked 1,081st out of 8,700 executives tracked by ExecPay. In other words, Leone earned more than 87.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,081 out of 8,700 | 88th |
Division Finance, Insurance, And Real Estate | 236 out of 1,930 | 88th |
Major group Depository Institutions | 62 out of 931 | 93rd |
Industry group Commercial Banks | 57 out of 793 | 93rd |
Industry National Commercial Banks | 41 out of 327 | 88th |
Source: SEC filing on March 31, 2010.
Leone's colleagues
We found two more compensation records of executives who worked with Joseph M. Leone at CIT Group in 2007.