Assured Guaranty CEO Dominic Frederico's 2021 pay jumps 34% to $15M
Assured Guaranty reports 2021 executive compensation
By ExecPay News
Published: March 23, 2022
Assured Guaranty reported fiscal year 2021 executive compensation information on March 23, 2022.
In 2021, five executives at Assured Guaranty received on average a compensation package of $6.3M, a 30% increase compared to previous year.
Dominic J. Frederico, Chief Executive Officer, received $15M in total, which increased by 34% compared to 2020. 64% of Frederico's compensation, or $9.2M, was in stock awards. Frederico also received $3.5M in non-equity incentive plan, $1.3M in salary, as well as $591K in other compensation.
For fiscal year 2021, the median employee pay was $294,410 at Assured Guaranty. Therefore, the ratio of Dominic J. Frederico's pay to the median employee pay was 49 to one.
Robert A. Bailenson, Chief Financial Officer, received a compensation package of $5.2M, which increased by 26% compared to previous year. 40% of the compensation package, or $2.1M, was in stock awards.
David A. Buzen, Chief Investment Officer, earned $4.1M in 2021, a 45% increase compared to previous year.
Ling Chow, General Counsel, received $3.9M in 2021, which increases by 19% compared to 2020.
Russell B. Brewer II, Chief Surveillance Officer, earned $3.8M in 2021, a 24% increase compared to previous year.