Michael L. Avery
2008
In 2008, Michael L. Avery earned a total compensation of $2.6M as President and Chief Investment Officer at Waddell & Reed Financial, a 19% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $103,919 |
|---|---|
| Non-Equity Incentive Plan | $500,000 |
| Salary | $550,000 |
| Stock Awards | $1,412,271 |
| Other | $36,454 |
| Total | $2,602,644 |
Avery received $1.4M in stock awards, accounting for 54% of the total pay in 2008.
Avery also received $103.9K of change in pension value and nonqualified deferred compensation earnings, $500K in non-equity incentive plan, $550K in salary and $36.5K in other compensation.
Rankings
In 2008, Michael L. Avery's compensation ranked 1,832nd out of 9,135 executives tracked by ExecPay. In other words, Avery earned more than 79.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,832 out of 9,135 | 80th |
Division Finance, Insurance, And Real Estate | 365 out of 2,034 | 82nd |
Major group Security And Commodity Brokers, Dealers, Exchanges, And Services | 68 out of 194 | 65th |
Industry group Security Brokers, Dealers, And Flotation | 33 out of 103 | 68th |
Industry Security Brokers, Dealers, and Flotation Companies | 33 out of 103 | 68th |
Source: SEC filing on February 24, 2011.
Avery's colleagues
We found four more compensation records of executives who worked with Michael L. Avery at Waddell & Reed Financial in 2008.