Michael E. Novogratz
2007
In 2007, Michael E. Novogratz earned a total compensation of $13.4M as Principal at Fortress Investment Group LLC, a 3,534% increase compared to previous year.
Compensation breakdown
| Bonus | $1,500,000 |
|---|---|
| Salary | $200,000 |
| Stock Awards | $9,583,135 |
| Other | $2,135,754 |
| Total | $13,418,889 |
Novogratz received $9.6M in stock awards, accounting for 71% of the total pay in 2007.
Novogratz also received $1.5M in bonus, $200K in salary and $2.1M in other compensation.
Rankings
In 2007, Michael E. Novogratz's compensation ranked 164th out of 8,700 executives tracked by ExecPay. In other words, Novogratz earned more than 98.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 164 out of 8,700 | 98th |
Division Finance, Insurance, And Real Estate | 62 out of 1,930 | 97th |
Major group Security And Commodity Brokers, Dealers, Exchanges, And Services | 31 out of 165 | 81st |
Industry group Services Allied With The Exchange Of Securities | 8 out of 44 | 82nd |
Industry Investment Advice | 8 out of 44 | 82nd |
Source: SEC filing on April 21, 2008.
Novogratz's colleagues
We found seven more compensation records of executives who worked with Michael E. Novogratz at Fortress Investment Group LLC in 2007.
2007
Daniel Bass
Fortress Investment Group LLC
Chief Financial Officer
2007
David Brooks
Fortress Investment Group LLC
General Counsel
2007
Peter Briger
Fortress Investment Group LLC
Principal
2007
Daniel Mudd
Fortress Investment Group LLC
Chief Executive Officer
2007
Wesley Edens
Fortress Investment Group LLC
Principal
2007
Robert Kauffman
Fortress Investment Group LLC
Principal
2007
Randal Nardone
Fortress Investment Group LLC