Mr. Cooper Group CEO Jay Bray's 2021 pay slips 5% to $8.8M
Mr. Cooper Group reports 2021 executive compensation
By ExecPay News
Published: April 8, 2022
Mr. Cooper Group reported fiscal year 2021 executive compensation information on April 8, 2022.
In 2021, five executives at Mr. Cooper Group received on average a compensation package of $4.4M, a 8% decrease compared to previous year.
Average pay of disclosed executives at Mr. Cooper Group
Jay Bray, Chief Executive Officer, received $8.8M in total, which decreased by 5% compared to 2020. 54% of Bray's compensation, or $4.8M, was in stock awards. Bray also received $3M in non-equity incentive plan, $1M in salary, as well as $11K in other compensation.
For fiscal year 2021, the median employee pay was $58,882 at Mr. Cooper Group. Therefore, the ratio of Jay Bray's pay to the median employee pay was 149 to one.
Christopher Marshall, Chief Financial Officer, received a compensation package of $5.3M, which decreased by 8% compared to previous year. 48% of the compensation package, or $2.5M, was in stock awards.
Michael R. Rawls, Chief Executive Officer, earned $3.5M in 2021, a 14% increase compared to previous year.
Anthony L. Ebers, Chief Operating Officer, received $3.3M in 2021, which decreases by 38% compared to 2020.
Eldridge Burns, Chief Legal Officer, earned $1.4M in 2021, a 109% increase compared to previous year.
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Source: SEC filing on April 8, 2022.