Lester R. Brafman
2020
In 2020, Lester R. Brafman earned a total compensation of $9.9M as Chief Executive Officer at Institutional Financial Markets, a 993% increase compared to previous year.
Compensation breakdown
| Bonus | $2,120,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,124,000 |
| Salary | $630,000 |
| Stock Awards | $3,995,530 |
| Other | $1,994,559 |
| Total | $9,864,089 |
Brafman received $4M in stock awards, accounting for 41% of the total pay in 2020.
Brafman also received $2.1M in bonus, $1.1M of change in pension value and nonqualified deferred compensation earnings, $630K in salary and $2M in other compensation.
Rankings
In 2020, Lester R. Brafman's compensation ranked 849th out of 13,090 executives tracked by ExecPay. In other words, Brafman earned more than 93.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 849 out of 13,090 | 94th |
Division Finance, Insurance, And Real Estate | 134 out of 2,550 | 95th |
Major group Security And Commodity Brokers, Dealers, Exchanges, And Services | 44 out of 232 | 81st |
Industry group Security Brokers, Dealers, And Flotation | 22 out of 76 | 71st |
Industry Security Brokers, Dealers, and Flotation Companies | 22 out of 76 | 71st |
Source: SEC filing on April 13, 2021.
Brafman's colleagues
We found two more compensation records of executives who worked with Lester R. Brafman at Institutional Financial Markets in 2020.
News
Institutional Financial Markets Chairman Daniel Cohen's 2022 pay falls 76% to $3M
April 21, 2023
Institutional Financial Markets Chairman Daniel Cohen's 2020 pay jumps 1,020% to $10M
April 13, 2021
Institutional Financial Markets CEO Lester Brafman's 2019 pay falls 29% to $903K
May 1, 2020
Institutional Financial Markets Chairman Daniel Cohen's 2018 pay slips 12% to $1.3M
April 26, 2019