Nelson J. Chai
2014
In 2014, Nelson J. Chai earned a total compensation of $4.7M as Former Co-President of CIT Group Inc., and Vice Chairman of CIT Bank at CIT Group, a 5% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $5,174 |
|---|---|
| Non-Equity Incentive Plan | $1,132,500 |
| Salary | $752,885 |
| Stock Awards | $2,750,000 |
| Other | $19,051 |
| Total | $4,659,609 |
Chai received $2.8M in stock awards, accounting for 59% of the total pay in 2014.
Chai also received $5.2K of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $752.9K in salary and $19.1K in other compensation.
Rankings
In 2014, Nelson J. Chai's compensation ranked 1,725th out of 13,032 executives tracked by ExecPay. In other words, Chai earned more than 86.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,725 out of 13,032 | 87th |
Division Finance, Insurance, And Real Estate | 329 out of 2,844 | 88th |
Major group Depository Institutions | 68 out of 1,248 | 95th |
Industry group Commercial Banks | 64 out of 1,011 | 94th |
Industry National Commercial Banks | 43 out of 335 | 87th |
Source: SEC filing on April 11, 2016.
Chai's colleagues
We found four more compensation records of executives who worked with Nelson J. Chai at CIT Group in 2014.