Farid Tan
2023
In 2023, Farid Tan earned a total compensation of $2.2M as President at MetroCity Bankshares, a 4% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $705,000 |
|---|---|
| Salary | $455,000 |
| Stock Awards | $1,028,058 |
| Total | $2,188,058 |
Tan received $1M in stock awards, accounting for 47% of the total pay in 2023.
Tan also received $705K in non-equity incentive plan and $455K in salary.
Rankings
In 2023, Farid Tan's compensation ranked 476th out of 3,006 executives tracked by ExecPay. In other words, Tan earned more than 84.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 476 out of 3,006 | 84th |
Division Finance, Insurance, And Real Estate | 34 out of 429 | 92nd |
Major group Depository Institutions | 7 out of 256 | 97th |
Industry group Commercial Banks | 4 out of 150 | 97th |
Industry State Commercial Banks | 4 out of 120 | 97th |
Source: SEC filing on April 12, 2024.
Tan's colleagues
We found two more compensation records of executives who worked with Farid Tan at MetroCity Bankshares in 2023.
News
MetroCity Bankshares CEO Nack Paek's 2023 pay slips 4% to $2.2M
April 12, 2024
MetroCity Bankshares CEO Nack Paek's 2022 pay jumps 39% to $2.3M
April 13, 2023
MetroCity Bankshares CEO Nack Paek's 2021 pay slips 5% to $1.6M
April 14, 2022
MetroCity Bankshares CEO Nack Paek's 2020 pay jumps 27% to $1.7M
April 16, 2021
MetroCity Bankshares CEO Nack Paek's 2019 pay falls 42% to $1.4M
April 17, 2020