Oppenheimer Holdings CEO Albert Lowenthal's 2010 pay jumps 90% to $6.2M

Oppenheimer Holdings reports 2010 executive compensation

By ExecPay News

Published: March 28, 2011

Oppenheimer Holdings reported fiscal year 2010 executive compensation information on March 28, 2011.
In 2010, five executives at Oppenheimer Holdings received on average a compensation package of $2.1M, a 61% increase compared to previous year.
Average pay of disclosed executives at Oppenheimer Holdings
Albert G. Lowenthal, Chief Executive Officer, received $6.2M in total, which increased by 90% compared to 2009. 50% of Lowenthal's compensation, or $3.1M, was in non-equity incentive plan. Lowenthal also received $500K in salary, $2.6M in stock awards, as well as $5.8K in other compensation.
Robert Okin, Executive Vice-President, Oppenheimer & Co. Inc, received a compensation package of $1.2M, which increased by 44% compared to previous year. 73% of the compensation package, or $900K, was in bonus.
Jeffrey Alfano, Chief Financial Officer, earned $1.2M in 2010, a 46% increase compared to previous year.
Thomas Robinson, President, Oppenheimer Asset Management, received $1.1M in 2010, which increases by 16% compared to 2009.
Elaine K. Roberts, Chief Financial Officer, earned $608K in 2010, a 10% increase compared to previous year.

Related executives

Albert Lowenthal

Oppenheimer Holdings

Chief Executive Officer

Elaine Roberts

Oppenheimer Holdings

Chief Financial Officer

Jeffrey Alfano

Oppenheimer Holdings

Chief Financial Officer

Robert Okin

Oppenheimer Holdings

Executive Vice-President, Oppenheimer & Co. Inc

Thomas Robinson

Oppenheimer Holdings

President, Oppenheimer Asset Management

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Source: SEC filing on March 28, 2011.