Institutional Financial Markets Chairman Daniel Cohen's 2018 pay slips 12% to $1.3M
Institutional Financial Markets reports 2018 executive compensation
By ExecPay News
Published: April 26, 2019
Institutional Financial Markets reported fiscal year 2018 executive compensation information on April 26, 2019.
In 2018, three executives at Institutional Financial Markets received on average a compensation package of $1.1M, a 12% decrease compared to previous year.
Average pay of disclosed executives at Institutional Financial Markets
Daniel G. Cohen, Chairman, received $1.3M in total, which decreased by 12% compared to 2017. 49% of Cohen's compensation, or $630K, was in salary. Cohen also received $200K in non-equity incentive plan, $440K in stock awards, as well as $21K in other compensation.
Lester R. Brafman, Chief Executive Officer, received a compensation package of $1.3M, which decreased by 13% compared to previous year. 50% of the compensation package, or $630K, was in salary.
Joseph W. Pooler, Jr, Chief Financial Officer, earned $707K in 2018, a 10% decrease compared to previous year.
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Source: SEC filing on April 26, 2019.