Ambac Financial Group CEO Claude LeBlanc's 2019 pay slips 10% to $5.6M
Ambac Financial Group reports 2019 executive compensation
By ExecPay News
Published: April 15, 2020
Ambac Financial Group reported fiscal year 2019 executive compensation information on April 15, 2020.
In 2019, five executives at Ambac Financial Group received on average a compensation package of $2.5M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Ambac Financial Group
Claude LeBlanc, Chief Executive Officer, received $5.6M in total, which decreased by 10% compared to 2018. 54% of LeBlanc's compensation, or $3M, was in stock awards. LeBlanc also received $1.7M in non-equity incentive plan, $900K in salary, as well as $26K in other compensation.
For fiscal year 2019, the median employee pay was $261,983 at Ambac Financial Group. Therefore, the ratio of Claude LeBlanc's pay to the median employee pay was 21 to one.
David Trick, Chief Financial Officer, received a compensation package of $2.2M, which decreased by 6% compared to previous year. 37% of the compensation package, or $814K, was in non-equity incentive plan.
Stephen M. Ksenak, General Counsel, earned $1.7M in 2019, a 4% increase compared to previous year.
David Barranco, Senior Managing Director, received $1.6M in 2019, which increases by 11% compared to 2018.
R. Sharon Smith, Senior Managing Director and Chief of Staff, earned $1.4M in 2019, a 4% decrease compared to previous year.
Related executives
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
Claude LeBlanc
Ambac Financial Group
Chief Executive Officer
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Source: SEC filing on April 15, 2020.