E*TRADE Financial CEO Karl Roessner's 2019 pay jumps 85% to $12M
E*TRADE Financial reports 2019 executive compensation
By ExecPay News
Published: March 24, 2020
E*TRADE Financial reported fiscal year 2019 executive compensation information on March 24, 2020.
In 2019, six executives at E*TRADE Financial received on average a compensation package of $4.9M, a 15% increase compared to previous year.
Average pay of disclosed executives at E*TRADE Financial
Karl A. Roessner, Chief Executive Officer, received $12M in total, which increased by 85% compared to 2018. 39% of Roessner's compensation, or $4.5M, was in stock awards. Roessner also received $2.4M in non-equity incentive plan, $1M in salary, as well as $3.6M in other compensation.
For fiscal year 2019, the median employee pay was $98,271 at E*TRADE Financial. Therefore, the ratio of Karl A. Roessner's pay to the median employee pay was 117 to one.
Michael A. Pizzi, Chief Executive Officer, received a compensation package of $6M, which increased by 27% compared to previous year. 57% of the compensation package, or $3.4M, was in stock awards.
Michael J, Curcio, Chairman, earned $3.8M in 2019, a 9% decrease compared to previous year.
Alice Milligan, Executive Vice President, Chief Customer Officer, received $3.6M in 2019.
Lori S. Sher, General Counsel, earned $2.4M in 2019.
Chad E. Turner, Chief Financial Officer, received $2.1M in 2019, which increases by 69% compared to 2018.
Related executives
Michael Pizzi
E*TRADE Financial
Chief Executive Officer
Chad Turner
E*TRADE Financial
Chief Financial Officer
Michael Curcio
E*TRADE Financial
Chairman
Alice Milligan
E*TRADE Financial
Executive Vice President, Chief Customer Officer
Lori Sher
E*TRADE Financial
General Counsel
Karl Roessner
E*TRADE Financial
Chief Executive Officer
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Source: SEC filing on March 24, 2020.