Assured Guaranty CEO Dominic Frederico's 2009 pay rises 15% to $7.7M
Assured Guaranty reports 2009 executive compensation
By ExecPay News
Published: March 24, 2010
Assured Guaranty reported fiscal year 2009 executive compensation information on March 24, 2010.
In 2009, five executives at Assured Guaranty received on average a compensation package of $3.3M, a 17% increase compared to previous year.
Average pay of disclosed executives at Assured Guaranty
Dominic J. Frederico, Chief Executive Officer, received $7.7M in total, which increased by 15% compared to 2008. 53% of Frederico's compensation, or $4.1M, was in bonus. Frederico also received $429K in non-equity incentive plan, $335K in option awards, $813K in salary, $1.1M in stock awards, as well as $880K in other compensation.
Séan W. McCarthy, Chief Operating Officer, received a compensation package of $3M. 67% of the compensation package, or $2M, was in bonus.
James M. Michener, General Counsel, earned $2.5M in 2009, a 18% increase compared to previous year.
Robert B. Mills, Chief Operating Officer, received $2.2M in 2009, which increases by 17% compared to 2008.
Robert A. Bailenson, Chief Financial Officer, earned $1.4M in 2009, a 28% increase compared to previous year.
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Source: SEC filing on March 24, 2010.