Cowen Group CEO Jeffrey Solomon's 2018 pay jumps 50% to $5.1M
Cowen Group reports 2018 executive compensation
By ExecPay News
Published: April 30, 2019
Cowen Group reported fiscal year 2018 executive compensation information on April 30, 2019.
In 2018, four executives at Cowen Group received on average a compensation package of $3.4M, a 31% decrease compared to previous year.
Average pay of disclosed executives at Cowen Group
Jeffrey M. Solomon, Chief Executive Officer, received $5.1M in total, which increased by 50% compared to 2017. 37% of Solomon's compensation, or $1.9M, was in bonus. Solomon also received $950K in salary, $1.1M in stock awards, as well as $1.2M in other compensation.
For fiscal year 2018, the median employee pay was $180,000 at Cowen Group. Therefore, the ratio of Jeffrey M. Solomon's pay to the median employee pay was 28 to one.
John Holmes, Chief Operating Officer, received a compensation package of $3M, which increased by 58% compared to previous year. 56% of the compensation package, or $1.7M, was in bonus.
Owen S. Littman, General Counsel, earned $2.9M in 2018, a 51% increase compared to previous year.
Stephen A. Lasota, Chief Financial Officer, received $2.8M in 2018, which increases by 50% compared to 2017.
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Source: SEC filing on April 30, 2019.