James L. Hudak

2018

In 2018, James L. Hudak earned a total compensation of $2.2M as President, Commercial Finance at CIT Group, a 7% decrease compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$24,041
Non-Equity Incentive Plan$550,000
Salary$591,667
Stock Awards$1,000,000
Other$14,102
Total$2,179,810

Hudak received $1M in stock awards, accounting for 46% of the total pay in 2018.

Hudak also received $24K of change in pension value and nonqualified deferred compensation earnings, $550K in non-equity incentive plan, $591.7K in salary and $14.1K in other compensation.

Rankings

In 2018, James L. Hudak's compensation ranked 5,282nd out of 14,244 executives tracked by ExecPay. In other words, Hudak earned more than 62.9% of executives.

ClassificationRankingPercentile
All
5,282
out of 14,244
63rd
Division
Finance, Insurance, And Real Estate
962
out of 2,994
68th
Major group
Depository Institutions
203
out of 1,316
85th
Industry group
Commercial Banks
183
out of 1,072
83rd
Industry
National Commercial Banks
101
out of 352
71st

Pay ratio

James L. Hudak's Pay$2,179,810
Median Employee's Pay$93,603
Pay Ratio

23

to 1

In 2018, the annual total compensation of James L. Hudak was $2,179,810.

The annual total compensation of the median employee at CIT Group was $93,603.

The ratio of James L. Hudak's pay to the pay of median employee was therefore 23 to one.

Source: SEC filing on April 4, 2019.

Hudak's colleagues

We found four more compensation records of executives who worked with James L. Hudak at CIT Group in 2018.

2018

Ellen Alemany

CIT Group

Chief Executive Officer

2018

John Fawcett

CIT Group

Chief Financial Officer

2018

Denise Menelly

CIT Group

Executive Vice President and Head of Technology and Operations

2018

Steven Solk

CIT Group

President, Consumer Banking

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