Michael D. Hagedorn

2021 - Valley National Bancorp

In 2021, Michael D. Hagedorn earned a total compensation of $1.9M as Senior EVP and CFO at Valley National Bancorp, a 2% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$359,384
Salary$590,000
Stock Awards$830,207
Other$75,525
Total$1,855,116

Hagedorn received $830.2K in stock awards, accounting for 45% of the total pay in 2021.

Hagedorn also received $359.4K in non-equity incentive plan, $590K in salary and $75.5K in other compensation.

Rankings

In 2021, Michael D. Hagedorn's compensation ranked 6,342nd out of 12,415 executives tracked by ExecPay. In other words, Hagedorn earned more than 48.9% of executives.

ClassificationRankingPercentile
All
6,342
out of 12,415
49th
Division
Finance, Insurance, And Real Estate
998
out of 2,276
56th
Major group
Depository Institutions
197
out of 1,000
80th
Industry group
Commercial Banks
175
out of 800
78th
Industry
National Commercial Banks
88
out of 277
68th

Pay ratio

Michael D. Hagedorn's Pay$1,855,116
Median Employee's Pay$66,703
Pay Ratio

28

to 1

In 2021, the annual total compensation of Michael D. Hagedorn was $1,855,116.

The annual total compensation of the median employee at Valley National Bancorp was $66,703.

The ratio of Michael D. Hagedorn's pay to the pay of median employee was therefore 28 to one.

Source: SEC filing on April 4, 2022.

Hagedorn's colleagues

We found four more compensation records of executives who worked with Michael D. Hagedorn at Valley National Bancorp in 2021.

2021

Ira Robbins

Valley National Bancorp

Chief Executive Officer

2021

Thomas Iadanza

Valley National Bancorp

President and Chief Banking Officer

2021

Ronald Janis

Valley National Bancorp

General Counsel

2021

Joseph Chillura

Valley National Bancorp

Senior EVP, Commercial Banking

News

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