Michael D. Hagedorn

2020 - Valley National Bancorp

In 2020, Michael D. Hagedorn earned a total compensation of $1.8M as Senior EVP and CFO at Valley National Bancorp, a 15% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$340,000
Salary$590,000
Stock Awards$828,657
Other$55,167
Total$1,813,824

Hagedorn received $828.7K in stock awards, accounting for 46% of the total pay in 2020.

Hagedorn also received $340K in non-equity incentive plan, $590K in salary and $55.2K in other compensation.

Rankings

In 2020, Michael D. Hagedorn's compensation ranked 5,973rd out of 13,090 executives tracked by ExecPay. In other words, Hagedorn earned more than 54.4% of executives.

ClassificationRankingPercentile
All
5,973
out of 13,090
54th
Division
Finance, Insurance, And Real Estate
1,018
out of 2,553
60th
Major group
Depository Institutions
212
out of 1,117
81st
Industry group
Commercial Banks
185
out of 897
79th
Industry
National Commercial Banks
87
out of 317
73rd

Pay ratio

Michael D. Hagedorn's Pay$1,813,824
Median Employee's Pay$63,627
Pay Ratio

29

to 1

In 2020, the annual total compensation of Michael D. Hagedorn was $1,813,824.

The annual total compensation of the median employee at Valley National Bancorp was $63,627.

The ratio of Michael D. Hagedorn's pay to the pay of median employee was therefore 29 to one.

Source: SEC filing on March 8, 2021.

Hagedorn's colleagues

We found five more compensation records of executives who worked with Michael D. Hagedorn at Valley National Bancorp in 2020.

2020

Ira Robbins

Valley National Bancorp

Chief Executive Officer

2020

Thomas Iadanza

Valley National Bancorp

Senior EVP and Chief Banking Officer

2020

Ronald Janis

Valley National Bancorp

General Counsel

2020

Robert Bardusch

Valley National Bancorp

Chief Operating Officer

2020

Joseph Chillura

Valley National Bancorp

Senior EVP, Commercial Banking

News

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