Tim Forrester
2021
In 2021, Tim Forrester earned a total compensation of $1.8M as EVP, Chief Financial Officer at UWM Holdings Corp, a 4% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,139,663 |
|---|---|
| Salary | $286,000 |
| Stock Awards | $418,500 |
| Other | $2,500 |
| Total | $1,846,663 |
Forrester received $1.1M in non-equity incentive plan, accounting for 62% of the total pay in 2021.
Forrester also received $286K in salary, $418.5K in stock awards and $2.5K in other compensation.
Rankings
In 2021, Tim Forrester's compensation ranked 6,355th out of 12,415 executives tracked by ExecPay. In other words, Forrester earned more than 48.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,355 out of 12,415 | 49th |
Division Finance, Insurance, And Real Estate | 999 out of 2,276 | 56th |
Major group Non-depository Credit Institutions | 46 out of 70 | 34th |
Industry group Mortgage Bankers And Brokers | 14 out of 16 | 13th |
Industry Mortgage Bankers and Loan Correspondents | 14 out of 16 | 13th |
Pay ratio
| Tim Forrester's Pay | $1,846,663 |
|---|---|
| Median Employee's Pay | $39,998 |
| Pay Ratio | 46to 1 |
In 2021, the annual total compensation of Tim Forrester was $1,846,663.
The annual total compensation of the median employee at UWM Holdings Corp was $39,998.
The ratio of Tim Forrester's pay to the pay of median employee was therefore 46 to one.
Source: SEC filing on April 29, 2022.
Forrester's colleagues
We found four more compensation records of executives who worked with Tim Forrester at UWM Holdings Corp in 2021.