E*TRADE Financial CEO Karl Roessner's 2018 pay rises 9% to $6.3M
E*TRADE Financial reports 2018 executive compensation
By ExecPay News
Published: March 26, 2019
E*TRADE Financial reported fiscal year 2018 executive compensation information on March 26, 2019.
In 2018, five executives at E*TRADE Financial received on average a compensation package of $4.3M, a 1% decrease compared to previous year.
Average pay of disclosed executives at E*TRADE Financial
Karl A. Roessner, Chief Executive Officer, received $6.3M in total, which increased by 9% compared to 2017. 48% of Roessner's compensation, or $3M, was in stock awards. Roessner also received $2.3M in non-equity incentive plan, $977K in salary, as well as $26K in other compensation.
For fiscal year 2018, the median employee pay was $102,732 at E*TRADE Financial. Therefore, the ratio of Karl A. Roessner's pay to the median employee pay was 61 to one.
Rodger A. Lawson, Chairman, received a compensation package of $5M, which is about the same as previous year. 50% of the compensation package, or $2.5M, was in stock awards.
Michael A. Pizzi, Chief Operating Officer, earned $4.7M in 2018, a 24% increase compared to previous year.
Michael J, Curcio, Chairman, received $4.1M in 2018, which increases by 9% compared to 2017.
Chad E. Turner, Chief Financial Officer, earned $1.2M in 2018.
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Source: SEC filing on March 26, 2019.