Daniel P. Kennedy
2021
In 2021, Daniel P. Kennedy earned a total compensation of $1.9M as Executive Vice President and Chief Operational Officer and President of Sallie Mae Bank at SLM, a 31% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $700,000 |
|---|---|
| Option Awards | $349,997 |
| Salary | $472,116 |
| Stock Awards | $389,074 |
| Other | $27,177 |
| Total | $1,938,364 |
Kennedy received $700K in non-equity incentive plan, accounting for 36% of the total pay in 2021.
Kennedy also received $350K in option awards, $472.1K in salary, $389.1K in stock awards and $27.2K in other compensation.
Rankings
In 2021, Daniel P. Kennedy's compensation ranked 6,158th out of 12,405 executives tracked by ExecPay. In other words, Kennedy earned more than 50.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,158 out of 12,405 | 50th |
Division Finance, Insurance, And Real Estate | 970 out of 2,278 | 57th |
Major group Non-depository Credit Institutions | 42 out of 70 | 40th |
Industry group Personal Credit Institutions | 24 out of 36 | 33rd |
Industry Personal Credit Institutions | 24 out of 36 | 33rd |
Pay ratio
| Daniel P. Kennedy's Pay | $1,938,364 |
|---|---|
| Median Employee's Pay | $88,566 |
| Pay Ratio | 22to 1 |
In 2021, the annual total compensation of Daniel P. Kennedy was $1,938,364.
The annual total compensation of the median employee at SLM was $88,566.
The ratio of Daniel P. Kennedy's pay to the pay of median employee was therefore 22 to one.
Source: SEC filing on April 28, 2022.
Kennedy's colleagues
We found four more compensation records of executives who worked with Daniel P. Kennedy at SLM in 2021.