Ambac Financial Group CEO Claude LeBlanc's 2018 pay jumps 212% to $6.2M
Ambac Financial Group reports 2018 executive compensation
By ExecPay News
Published: April 18, 2019
Ambac Financial Group reported fiscal year 2018 executive compensation information on April 18, 2019.
In 2018, five executives at Ambac Financial Group received on average a compensation package of $2.6M, a 97% increase compared to previous year.
Average pay of disclosed executives at Ambac Financial Group
Claude LeBlanc, Chief Executive Officer, received $6.2M in total, which increased by 212% compared to 2017. 66% of LeBlanc's compensation, or $4.1M, was in stock awards. LeBlanc also received $1.2M in non-equity incentive plan, $900K in salary, as well as $16K in other compensation.
For fiscal year 2018, the median employee pay was $248,724 at Ambac Financial Group. Therefore, the ratio of Claude LeBlanc's pay to the median employee pay was 25 to one.
David Trick, Chief Financial Officer, received a compensation package of $2.3M, which increased by 33% compared to previous year. 34% of the compensation package, or $792K, was in stock awards.
Stephen M. Ksenak, General Counsel, earned $1.7M in 2018, a 26% increase compared to previous year.
David Barranco, Senior Managing Director, received $1.5M in 2018, which increases by 38% compared to 2017.
R. Sharon Smith, Senior Managing Director and Chief of Staff, earned $1.4M in 2018, a 178% increase compared to previous year.
Related executives
Claude LeBlanc
Ambac Financial Group
Chief Executive Officer
David Trick
Ambac Financial Group
Chief Financial Officer
David Barranco
Ambac Financial Group
Senior Managing Director
Stephen Ksenak
Ambac Financial Group
General Counsel
R Smith
Ambac Financial Group
Senior Managing Director and Chief of Staff
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Source: SEC filing on April 18, 2019.