Medallion Financial COO Andrew Murstein's 2018 pay rises 8% to $2.5M
Medallion Financial reports 2018 executive compensation
By ExecPay News
Published: April 30, 2019
Medallion Financial reported fiscal year 2018 executive compensation information on April 30, 2019.
In 2018, five executives at Medallion Financial received on average a compensation package of $1.1M, a 4% increase compared to previous year.
Average pay of disclosed executives at Medallion Financial
Andrew M. Murstein, Chief Operating Officer, received $2.5M in total, which increased by 8% compared to 2017. 54% of Murstein's compensation, or $1.4M, was in bonus. Murstein also received $1M in salary and $140K in other compensation.
For fiscal year 2018, the median employee pay was $67,171 at Medallion Financial. Therefore, the ratio of Andrew M. Murstein's pay to the median employee pay was 38 to one.
Alvin Murstein, Chief Executive Officer, received a compensation package of $1.3M, which decreased by 2% compared to previous year. 65% of the compensation package, or $869K, was in salary.
Donald S. Poulton, Chief Executive Officer, earned $667K in 2018, a 2% increase compared to previous year.
Larry D. Hall, Chief Financial Officer, received $605K in 2018, which increases by 5% compared to 2017.
Stephen A. Lewis, Senior Vice President of Medallion Capital, Inc, earned $495K in 2018, a 3% decrease compared to previous year.
Related executives
Alvin Murstein
Medallion Financial
Chief Executive Officer
Andrew Murstein
Medallion Financial
Chief Operating Officer
Larry Hall
Medallion Financial
Chief Financial Officer
Stephen Lewis
Medallion Financial
Senior Vice President of Medallion Capital, Inc
Donald Poulton
Medallion Financial
Chief Executive Officer
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Source: SEC filing on April 30, 2019.