Vandad Fartaj
2020 - PennyMac Financial Services
Compensation breakdown
| Bonus | $2,400,000 |
|---|---|
| Option Awards | $1,241,437 |
| Salary | $400,000 |
| Stock Awards | $674,993 |
| Other | $362,128 |
| Total | $5,078,558 |
Fartaj received $2.4M in bonus, accounting for 47% of the total pay in 2020.
Fartaj also received $1.2M in option awards, $400K in salary, $675K in stock awards and $362.1K in other compensation.
Rankings
In 2020, Vandad Fartaj's compensation ranked 2,174th out of 13,090 executives tracked by ExecPay. In other words, Fartaj earned more than 83.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,174 out of 13,090 | 83rd |
Division Finance, Insurance, And Real Estate | 364 out of 2,550 | 86th |
Major group Non-depository Credit Institutions | 14 out of 66 | 79th |
Industry group Mortgage Bankers And Brokers | 9 out of 14 | 36th |
Industry Mortgage Bankers and Loan Correspondents | 9 out of 14 | 36th |
Pay ratio
| Vandad Fartaj's Pay | $5,078,558 |
|---|---|
| Median Employee's Pay | $73,076 |
| Pay Ratio | 69to 1 |
In 2020, the annual total compensation of Vandad Fartaj was $5,078,558.
The annual total compensation of the median employee at PennyMac Financial Services was $73,076.
The ratio of Vandad Fartaj's pay to the pay of median employee was therefore 69 to one.
Fartaj's colleagues
We found four more compensation records of executives who worked with Vandad Fartaj at PennyMac Financial Services in 2020.
2020
David Spector
PennyMac Financial Services
Chief Executive Officer
2020
Doug Jones
PennyMac Financial Services
President and Chief Mortgage Banking Officer
2020
Andrew Chang
PennyMac Financial Services
Chief Operating Officer
2020
Jeffrey Grogin
PennyMac Financial Services
Senior Managing Director and Chief Enterprise Operations Officer
News
April 13, 2022
April 14, 2021
April 3, 2020
April 3, 2020
April 22, 2019