Redwood Trust CEO Christopher Abate's 2018 pay jumps 32% to $5M
Redwood Trust reports 2018 executive compensation
By ExecPay News
Published: April 4, 2019
Redwood Trust reported fiscal year 2018 executive compensation information on April 4, 2019.
In 2018, six executives at Redwood Trust received on average a compensation package of $2.5M, a 23% decrease compared to previous year.
Average pay of disclosed executives at Redwood Trust
Christopher J. Abate, Chief Executive Officer, received $5M in total, which increased by 32% compared to 2017. 61% of Abate's compensation, or $3M, was in stock awards. Abate also received $1.3M in non-equity incentive plan, $646K in salary, as well as $37K in other compensation.
For fiscal year 2018, the median employee pay was $132,000 at Redwood Trust. Therefore, the ratio of Christopher J. Abate's pay to the median employee pay was 38 to one.
Dashiell I. Robinson, President, received a compensation package of $3.6M, which decreased by 26% compared to previous year. 61% of the compensation package, or $2.2M, was in stock awards.
Garnet W. Kanouse, Managing Director - Head of Residential, earned $2.1M in 2018, a 27% decrease compared to previous year.
Andrew P. Stone, General Counsel, received $1.9M in 2018, which decreases by 12% compared to 2017.
Collin L. Cochrane, Chief Financial Officer, earned $1.6M in 2018, a 31% decrease compared to previous year.
Marty Hughes, Chief Executive Officer, received $979K in 2018, which decreases by 74% compared to 2017.
Related executives
Christopher Abate
Redwood Trust
Chief Executive Officer
Marty Hughes
Redwood Trust
Chief Executive Officer
Dashiell Robinson
Redwood Trust
President
Andrew Stone
Redwood Trust
General Counsel
Collin Cochrane
Redwood Trust
Chief Financial Officer
Garnet Kanouse
Redwood Trust
Managing Director - Head of Residential
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Source: SEC filing on April 4, 2019.