Neil G. Budnick
2007
In 2007, Neil G. Budnick earned a total compensation of $5.8M as Former President of MBIA Insurance Corp at MBIA, a 17% decrease compared to previous year.
Compensation breakdown
| Bonus | $320,000 |
|---|---|
| Option Awards | $1,317,712 |
| Salary | $200,000 |
| Stock Awards | $2,521,325 |
| Other | $1,411,363 |
| Total | $5,770,400 |
Budnick received $2.5M in stock awards, accounting for 44% of the total pay in 2007.
Budnick also received $320K in bonus, $1.3M in option awards, $200K in salary and $1.4M in other compensation.
Rankings
In 2007, Neil G. Budnick's compensation ranked 673rd out of 8,700 executives tracked by ExecPay. In other words, Budnick earned more than 92.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 673 out of 8,700 | 92nd |
Division Finance, Insurance, And Real Estate | 163 out of 1,930 | 92nd |
Major group Insurance Carriers | 30 out of 266 | 89th |
Industry group Surety Insurance | 5 out of 20 | 75th |
Industry Surety Insurance | 5 out of 20 | 75th |
Source: SEC filing on March 28, 2008.
Budnick's colleagues
We found six more compensation records of executives who worked with Neil G. Budnick at MBIA in 2007.
2007
Gary Dunton
MBIA
Chief Executive Officer
2007
Joseph Brown
MBIA
Chairman
2007
C Chaplin
MBIA
Chief Financial Officer
2007
Mitchell Sonkin
MBIA
Vice President and Head of Insured Portfolio Management
2007
Clifford Corso
MBIA
Chief Investment Officer
2007
Kevin Silva
MBIA