Lawrence A. Marsiello
2007
In 2007, Lawrence A. Marsiello earned a total compensation of $3.4M as Retired Vice Chairman and Chief Lending Officer at CIT Group, a 40% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $177,160 |
|---|---|
| Option Awards | $1,508,000 |
| Salary | $500,000 |
| Stock Awards | $1,182,010 |
| Other | $69,065 |
| Total | $3,436,235 |
Marsiello received $1.5M in option awards, accounting for 44% of the total pay in 2007.
Marsiello also received $177.2K of change in pension value and nonqualified deferred compensation earnings, $500K in salary, $1.2M in stock awards and $69.1K in other compensation.
Rankings
In 2007, Lawrence A. Marsiello's compensation ranked 1,280th out of 8,700 executives tracked by ExecPay. In other words, Marsiello earned more than 85.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,280 out of 8,700 | 85th |
Division Finance, Insurance, And Real Estate | 276 out of 1,930 | 86th |
Major group Depository Institutions | 68 out of 931 | 93rd |
Industry group Commercial Banks | 63 out of 793 | 92nd |
Industry National Commercial Banks | 45 out of 327 | 86th |
Source: SEC filing on April 1, 2009.
Marsiello's colleagues
We found two more compensation records of executives who worked with Lawrence A. Marsiello at CIT Group in 2007.