William C. Erbey
2008
In 2008, William C. Erbey earned a total compensation of $3.7M as Chairman of the Board and Chief Executive Officer at Ocwen Financial, a 58% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,176,189 |
|---|---|
| Option Awards | $2,040,980 |
| Salary | $500,000 |
| Other | $4,500 |
| Total | $3,721,669 |
Erbey received $2M in option awards, accounting for 55% of the total pay in 2008.
Erbey also received $1.2M in non-equity incentive plan, $500K in salary and $4.5K in other compensation.
Rankings
In 2008, William C. Erbey's compensation ranked 1,250th out of 9,135 executives tracked by ExecPay. In other words, Erbey earned more than 86.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,250 out of 9,135 | 86th |
Division Finance, Insurance, And Real Estate | 244 out of 2,034 | 88th |
Major group Non-depository Credit Institutions | 7 out of 58 | 88th |
Industry group Mortgage Bankers And Brokers | 2 out of 11 | 82nd |
Industry Mortgage Bankers and Loan Correspondents | 1 out of 7 | 86th |
Source: SEC filing on March 30, 2010.
Erbey's colleagues
We found five more compensation records of executives who worked with William C. Erbey at Ocwen Financial in 2008.