Vandad Fartaj

2019 - PennyMac Financial Services

In 2019, Vandad Fartaj earned a total compensation of $4.2M as Senior Managing Director and Chief Investment Officer at PennyMac Financial Services, a 68% increase compared to previous year.

Compensation breakdown

Bonus$2,699,000
Option Awards$193,999
Salary$350,000
Stock Awards$618,725
Other$345,096
Total$4,206,820

Fartaj received $2.7M in bonus, accounting for 64% of the total pay in 2019.

Fartaj also received $194K in option awards, $350K in salary, $618.7K in stock awards and $345.1K in other compensation.

Rankings

In 2019, Vandad Fartaj's compensation ranked 2,799th out of 13,971 executives tracked by ExecPay. In other words, Fartaj earned more than 80.0% of executives.

ClassificationRankingPercentile
All
2,799
out of 13,971
80th
Division
Finance, Insurance, And Real Estate
554
out of 2,897
81st
Major group
Non-depository Credit Institutions
16
out of 72
78th
Industry group
Mortgage Bankers And Brokers
5
out of 13
62nd
Industry
Mortgage Bankers and Loan Correspondents
5
out of 13
62nd

Pay ratio

Vandad Fartaj's Pay$4,206,820
Median Employee's Pay$67,742
Pay Ratio

62

to 1

In 2019, the annual total compensation of Vandad Fartaj was $4,206,820.

The annual total compensation of the median employee at PennyMac Financial Services was $67,742.

The ratio of Vandad Fartaj's pay to the pay of median employee was therefore 62 to one.

Source: SEC filing on April 3, 2020.

Fartaj's colleagues

We found four more compensation records of executives who worked with Vandad Fartaj at PennyMac Financial Services in 2019.

2019

Stanford Kurland

PennyMac Financial Services

Chairman

2019

David Spector

PennyMac Financial Services

Chief Executive Officer

2019

Doug Jones

PennyMac Financial Services

Senior Managing Director and Chief Mortgage Banking Officer

2019

Andrew Chang

PennyMac Financial Services

Chief Financial Officer

News

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