First Data CEO Frank Bisignano's 2018 pay falls 88% to $12M

First Data reports 2018 executive compensation

By ExecPay News

Published: March 28, 2019

First Data reported fiscal year 2018 executive compensation information on March 28, 2019.
In 2018, five First Data executives received on average a compensation package of $5.7M, a 81% decrease compared to previous year.
Average pay of disclosed executives at First Data
Frank J. Bisignano, Chief Executive Officer, received $12M in total, which decreased by 88% compared to 2017. 86% of Bisignano's compensation, or $10M, was in stock awards. Bisignano also received $1.3M in salary and $415K in other compensation.
For fiscal year 2018, the median employee pay was $49,805 at First Data. Therefore, the ratio of Frank J. Bisignano's pay to the median employee pay was 244 to one.
Guy Chiarello, President, received a compensation package of $5.1M, which decreased by 66% compared to previous year. 80% of the compensation package, or $4.1M, was in stock awards.
Samir M. Zabaneh, EVP, Strategic Advisor, earned $4.8M in 2018.
John Jeff Whorley, Executive Vice President, Head of First Data Education, received $4.1M in 2018.
Himanshu A. Patel, Chief Financial Officer, earned $2.2M in 2018, a 68% decrease compared to previous year.

Related executives

Frank Bisignano

First Data

Chief Executive Officer

Himanshu Patel

First Data

Chief Financial Officer

Guy Chiarello

First Data

President

Samir Zabaneh

First Data

EVP, Strategic Advisor

John Whorley

First Data

Executive Vice President, Head of First Data Education

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Source: SEC filing on March 28, 2019.