TD Ameritrade Chairman Joseph Moglia's 2008 pay jumps 112% to $21M
TD Ameritrade reports 2008 executive compensation
By ExecPay News
Published: January 6, 2009
TD Ameritrade reported fiscal year 2008 executive compensation information on January 6, 2009.
In 2008, seven executives at TD Ameritrade received on average a compensation package of $7M, a 103% increase compared to previous year.
Average pay of disclosed executives at TD Ameritrade
Joseph H. Moglia, Chairman, received $21M in total, which increased by 112% compared to 2007. 72% of Moglia's compensation, or $15M, was in non-equity incentive plan. Moglia also received $1M in salary, $4.9M in stock awards, as well as $18K in other compensation.
Fredric J. Tomczyk, Chief Executive Officer, received a compensation package of $14M. 77% of the compensation package, or $10M, was in option awards.
T. Christian Armstrong, Former Executive Vice President, Client Group, earned $5.2M in 2008, a 65% increase compared to previous year.
J. Joe Ricketts, Founder, received $3.2M in 2008, which increases by 34% compared to 2007.
Bryce B. Engel, Former Senior Vice President, Chief Brokerage Operations Officer, earned $2.8M in 2008, a 163% increase compared to previous year.
David M. Kelley, Chief Operating Officer, received $2.3M in 2008.
William J. Gerber, Chief Financial Officer, earned $1.2M in 2008, a 32% increase compared to previous year.
TD Ameritrade's fiscal year ends on September 30.
Related executives
Fredric Tomczyk
TD Ameritrade
Chief Executive Officer
William Gerber
TD Ameritrade
Chief Financial Officer
David Kelley
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Chief Operating Officer
Joseph Moglia
TD Ameritrade
Chairman
J Ricketts
TD Ameritrade
Founder
T Armstrong
TD Ameritrade
Former Executive Vice President, Client Group
Bryce Engel
TD Ameritrade
Former Senior Vice President, Chief Brokerage Operations Officer
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Source: SEC filing on January 6, 2009.