Institutional Financial Markets Chairman Daniel Cohen's 2007 pay jumps 277% to $1.2M

Institutional Financial Markets reports 2007 executive compensation

By ExecPay News

Published: April 29, 2008

Institutional Financial Markets reported fiscal year 2007 executive compensation information on April 29, 2008.

In 2007, five executives at Institutional Financial Markets received on average a compensation package of $575K, a 252% increase compared to previous year.

Average pay of disclosed executives at Institutional Financial Markets

Daniel G. Cohen, Chairman, received $1.2M in total. 57% of Cohen's compensation, or $656K, was in stock awards. Cohen also received $503K in other compensation.

James J. McEntee, III, Chief Executive Officer, received a compensation package of $733K. 57% of the compensation package, or $421K, was in stock awards.

John J. Longino, Chief Financial Officer, earned $482K in 2007, a 220% increase compared to previous year.

Shami J. Patel, Chief Operating Officer, received $439K in 2007, which increases by 150% compared to 2006.

Christian M. Carr, Chief Accounting Officer, earned $60K in 2007.