Ambac Financial Group CEO Claude LeBlanc's 2021 pay rises 16% to $7M
Ambac Financial Group reports 2021 executive compensation
By ExecPay News
Published: April 15, 2022
Ambac Financial Group reported fiscal year 2021 executive compensation information on April 15, 2022.
In 2021, five executives at Ambac Financial Group received on average a compensation package of $3.1M, a 13% increase compared to previous year.
Average pay of disclosed executives at Ambac Financial Group
Claude LeBlanc, Chief Executive Officer, received $7M in total, which increased by 16% compared to 2020. 62% of LeBlanc's compensation, or $4.4M, was in stock awards. LeBlanc also received $1.7M in non-equity incentive plan, $900K in salary, as well as $21K in other compensation.
For fiscal year 2021, the median employee pay was $234,874 at Ambac Financial Group. Therefore, the ratio of Claude LeBlanc's pay to the median employee pay was 30 to one.
David Trick, Chief Financial Officer, received a compensation package of $2.5M, which increased by 6% compared to previous year. 43% of the compensation package, or $1.1M, was in stock awards.
David Barranco, Senior Managing Director, earned $2.2M in 2021, a 11% increase compared to previous year.
Stephen M. Ksenak, General Counsel, received $2.1M in 2021, which increases by 9% compared to 2020.
R. Sharon Smith, Senior Managing Director and Chief of Staff, earned $2M in 2021, a 15% 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 15, 2022.