Institutional Financial Markets former President Christopher Ricciardi's 2011 pay slips 18% to $4.4M
Institutional Financial Markets reports 2011 executive compensation
By ExecPay News
Published: August 7, 2013
Institutional Financial Markets reported fiscal year 2011 executive compensation information on August 7, 2013.
In 2011, four executives at Institutional Financial Markets received on average a compensation package of $2.2M, a 45% decrease compared to previous year.
Average pay of disclosed executives at Institutional Financial Markets
- Salary
- Stock
- Options
- Non-Equity Incentive
- Bonus
- Change in Pension Value & NQDC
- Other
Christopher Ricciardi, former President, received $4.4M in total, which decreased by 18% compared to 2010.
John P. Costas, Chairman, received a compensation package of $3.3M. 96% of the compensation package, or $3.1M, was in stock awards.
Joseph W. Pooler, Jr, Chief Financial Officer, earned $677K in 2011, a 55% decrease compared to previous year.
Daniel G. Cohen, Chief Executive Officer, received $605K in 2011, which decreases by 89% compared to 2010.
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Source: SEC filing on August 7, 2013.