MFA Financial CEO Craig Knutson's 2021 pay jumps 62% to $7.4M
MFA Financial reports 2021 executive compensation
By ExecPay News
Published: April 26, 2022
MFA Financial reported fiscal year 2021 executive compensation information on April 26, 2022.
In 2021, five executives at MFA Financial received on average a compensation package of $3.2M, a 62% increase compared to previous year.
Average pay of disclosed executives at MFA Financial
Craig L. Knutson, Chief Executive Officer, received $7.4M in total, which increased by 62% compared to 2020. 40% of Knutson's compensation, or $3M, was in non-equity incentive plan. Knutson also received $750K in bonus, $800K in salary, $2.9M in stock awards, as well as $12K in other compensation.
For fiscal year 2021, the median employee pay was $254,800 at MFA Financial. Therefore, the ratio of Craig L. Knutson's pay to the median employee pay was 29 to one.
Gudmundur Kristjansson, Chief Investment Officer, received a compensation package of $3M, which increased by 72% compared to previous year. 48% of the compensation package, or $1.4M, was in non-equity incentive plan.
Bryan Wulfsohn, Chief Investment Officer, earned $3M in 2021, a 72% increase compared to previous year.
Harold E. Schwartz, General Counsel, received $1.3M in 2021, which increases by 18% compared to 2020.
Stephen D. Yarad, Chief Financial Officer, earned $1.3M in 2021, a 16% increase compared to previous year.
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Source: SEC filing on April 26, 2022.