Assured Guaranty CEO Dominic Frederico's 2020 pay slips 11% to $11M
Assured Guaranty reports 2020 executive compensation
By ExecPay News
Published: March 24, 2021
Assured Guaranty reported fiscal year 2020 executive compensation information on March 24, 2021.
In 2020, five executives at Assured Guaranty received on average a compensation package of $4.9M, a 9% decrease compared to previous year.
Average pay of disclosed executives at Assured Guaranty
Dominic J. Frederico, Chief Executive Officer, received $11M in total, which decreased by 11% compared to 2019. 55% of Frederico's compensation, or $6M, was in stock awards. Frederico also received $3M in non-equity incentive plan, $1.3M in salary, as well as $682K in other compensation.
For fiscal year 2020, the median employee pay was $284,980 at Assured Guaranty. Therefore, the ratio of Dominic J. Frederico's pay to the median employee pay was 38 to one.
Robert A. Bailenson, Chief Financial Officer, received a compensation package of $4.2M, which decreased by 11% compared to previous year. 40% of the compensation package, or $1.7M, was in non-equity incentive plan.
Ling Chow, General Counsel, earned $3.3M in 2020, a 8% decrease compared to previous year.
Russell B. Brewer II, Chief Surveillance Officer, received $3.1M in 2020, which decreases by 12% compared to 2019.
David A. Buzen, Chief Investment Officer, earned $2.8M in 2020.
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Source: SEC filing on March 24, 2021.