Institutional Financial Markets CEO Lester Brafman's 2019 pay falls 29% to $903K
Institutional Financial Markets reports 2019 executive compensation
By ExecPay News
Published: May 1, 2020
Institutional Financial Markets reported fiscal year 2019 executive compensation information on May 1, 2020.
In 2019, three executives at Institutional Financial Markets received on average a compensation package of $848K, a 22% decrease compared to previous year.
Average pay of disclosed executives at Institutional Financial Markets
Lester R. Brafman, Chief Executive Officer, received $903K in total, which decreased by 29% compared to 2018. 70% of Brafman's compensation, or $630K, was in salary. Brafman also received $220K in stock awards and $53K in other compensation.
Daniel G. Cohen, Chairman, received a compensation package of $903K, which decreased by 30% compared to previous year. 70% of the compensation package, or $630K, was in salary.
Joseph W. Pooler, Jr, Chief Financial Officer, earned $738K in 2019, a 5% increase compared to previous year.
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Source: SEC filing on May 1, 2020.