Medallion Financial COO Andrew Murstein's 2020 pay rises 1% to $3.1M
Medallion Financial reports 2020 executive compensation
By ExecPay News
Published: April 29, 2021
Medallion Financial reported fiscal year 2020 executive compensation information on April 29, 2021.
In 2020, five executives at Medallion Financial received on average a compensation package of $1.4M, a 4% increase compared to previous year.
Average pay of disclosed executives at Medallion Financial
Andrew M. Murstein, Chief Operating Officer, received $3.1M in total, which increased by 1% compared to 2019. 34% of Murstein's compensation, or $1.1M, was in bonus. Murstein also received $446K in option awards, $1M in salary, $446K in stock awards, as well as $132K in other compensation.
For fiscal year 2020, the median employee pay was $69,883 at Medallion Financial. Therefore, the ratio of Andrew M. Murstein's pay to the median employee pay was 45 to one.
Alvin Murstein, Chief Executive Officer, received a compensation package of $1.5M, which decreased by 2% compared to previous year. 61% of the compensation package, or $891K, was in salary.
Donald S. Poulton, Chief Executive Officer, earned $962K in 2020, a 32% increase compared to previous year.
Larry D. Hall, Chief Financial Officer, received $755K in 2020, which increases by 5% compared to 2019.
Alexander S. Travis, President of Medallion Capital, Inc, earned $455K in 2020, which is about the same as previous year.
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Source: SEC filing on April 29, 2021.