Medallion Financial COO Andrew Murstein's 2021 pay jumps 51% to $4.7M
Medallion Financial reports 2021 executive compensation
By ExecPay News
Published: May 2, 2022
Medallion Financial reported fiscal year 2021 executive compensation information on May 2, 2022.
In 2021, five executives at Medallion Financial received on average a compensation package of $1.9M, a 41% increase compared to previous year.
Average pay of disclosed executives at Medallion Financial
Andrew M. Murstein, Chief Operating Officer, received $4.7M in total, which increased by 51% compared to 2020. 59% of Murstein's compensation, or $2.8M, was in bonus. Murstein also received $401K in option awards, $1M in salary, $401K in stock awards, as well as $90K in other compensation.
For fiscal year 2021, the median employee pay was $104,035 at Medallion Financial. Therefore, the ratio of Andrew M. Murstein's pay to the median employee pay was 46 to one.
Alvin Murstein, Chief Executive Officer, received a compensation package of $1.8M, which increased by 25% compared to previous year. 49% of the compensation package, or $891K, was in salary.
Donald S. Poulton, Chief Executive Officer, earned $1.5M in 2021, a 53% increase compared to previous year.
Larry D. Hall, Chief Financial Officer, received $960K in 2021, which increases by 27% compared to 2020.
Alexander S. Travis, President of Medallion Capital, Inc, earned $550K in 2021, a 21% increase compared to previous year.
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Source: SEC filing on May 2, 2022.