Leonard Chang
2021
In 2021, Leonard Chang earned a total compensation of $6.2M as Co-Founder of Focus LLC and Senior Managing Director and Head of M&A at Focus Financial Partners, a 114% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,272,000 |
|---|---|
| Option Awards | $2,557,971 |
| Salary | $478,342 |
| Stock Awards | $908,798 |
| Other | $32,131 |
| Total | $6,249,242 |
Chang received $2.6M in option awards, accounting for 41% of the total pay in 2021.
Chang also received $2.3M in non-equity incentive plan, $478.3K in salary, $908.8K in stock awards and $32.1K in other compensation.
Rankings
In 2021, Leonard Chang's compensation ranked 2,023rd out of 12,415 executives tracked by ExecPay. In other words, Chang earned more than 83.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,023 out of 12,415 | 84th |
Division Finance, Insurance, And Real Estate | 311 out of 2,276 | 86th |
Major group Security And Commodity Brokers, Dealers, Exchanges, And Services | 83 out of 217 | 62nd |
Industry group Services Allied With The Exchange Of Securities | 46 out of 122 | 62nd |
Industry Investment Advice | 46 out of 122 | 62nd |
Pay ratio
| Leonard Chang's Pay | $6,249,242 |
|---|---|
| Median Employee's Pay | $75,202 |
| Pay Ratio | 83to 1 |
In 2021, the annual total compensation of Leonard Chang was $6,249,242.
The annual total compensation of the median employee at Focus Financial Partners was $75,202.
The ratio of Leonard Chang's pay to the pay of median employee was therefore 83 to one.
Source: SEC filing on April 14, 2022.
Chang's colleagues
We found four more compensation records of executives who worked with Leonard Chang at Focus Financial Partners in 2021.