MBIA CEO William Fallon's 2021 pay slips 1% to $4M
MBIA reports 2021 executive compensation
By ExecPay News
Published: March 23, 2022
MBIA reported fiscal year 2021 executive compensation information on March 23, 2022.
In 2021, six MBIA executives received on average a compensation package of $2M, a 5% decrease compared to previous year.
Average pay of disclosed executives at MBIA
William C. Fallon, Chief Executive Officer, received $4M in total, which decreased by 1% compared to 2020. 39% of Fallon's compensation, or $1.6M, was in stock awards. Fallon also received $1.2M in non-equity incentive plan, $900K in salary, as well as $310K in other compensation.
Anthony McKiernan, Chief Financial Officer, received a compensation package of $2M, which decreased by 10% compared to previous year. 37% of the compensation package, or $750K, was in stock awards.
Adam T. Bergonzi, AVP and National's Chief Risk Officer, earned $1.9M in 2021, a 4% increase compared to previous year.
Jonathan C. Harris, General Counsel, received $1.4M in 2021, which decreases by 19% compared to 2020.
Christopher H. Young, Chief Financial Officer, earned $1.4M in 2021, a 6% increase compared to previous year.
Daniel M. Avitabile, AVP and MBIA Insurance's President and Chief Risk Officer, received $1.3M in 2021, which decreases by 14% compared to 2020.
Related executives
William Fallon
MBIA
Chief Executive Officer
Anthony McKiernan
MBIA
Chief Financial Officer
Adam Bergonzi
MBIA
AVP and National's Chief Risk Officer
Jonathan Harris
MBIA
General Counsel
Christopher Young
MBIA
Chief Financial Officer
Daniel Avitabile
MBIA
AVP and MBIA Insurance's President and Chief Risk Officer
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Source: SEC filing on March 23, 2022.