José Rafael Fernández

OFG Bancorp

President & Chief Executive Officer

Overview

José Rafael Fernández received an average compensation of $1,803,239 at OFG Bancorp from 2008 to 2018.

Annual data

2018

Bonus$283,333
Non-Equity Incentive Plan$708,600
Salary$865,000
Stock Awards$850,940
Other$92,604
Total$2,800,477

In 2018, José Rafael Fernández earned a total compensation of $2,800,477 as President & Chief Executive Officer at OFG Bancorp.

Fernández received $865,000 in salary, which accounts for 30.89% of total compensation.

Fernández also received $283,333 in bonus, $708,600 in non-equity incentive plan, $850,940 in stock awards and $92,604 in other compensation.

2017

Bonus$283,333
Non-Equity Incentive Plan$760,100
Salary$865,000
Stock Awards$312,040
Other$95,552
Total$2,313,025

In 2017, José Rafael Fernández earned a total compensation of $2,313,025 as President & Chief Executive Officer at OFG Bancorp.

Fernández received $865,000 in salary, which accounts for 37.40% of total compensation.

Fernández also received $283,333 in bonus, $760,100 in non-equity incentive plan, $312,040 in stock awards and $95,552 in other compensation.

2016

Non-Equity Incentive Plan$836,900
Salary$865,000
Other$78,122
Total$1,780,022

In 2016, José Rafael Fernández earned a total compensation of $1,780,022 as President & Chief Executive Officer at OFG Bancorp.

Fernández received $865,000 in salary, which accounts for 48.59% of total compensation.

Fernández also received $836,900 in non-equity incentive plan and $78,122 in other compensation.

2015

Non-Equity Incentive Plan$197,300
Option Awards$283,388
Salary$865,000
Other$103,933
Total$1,449,621

In 2015, José Rafael Fernández earned a total compensation of $1,449,621 as President & Chief Executive Officer at OFG Bancorp.

Fernández received $865,000 in salary, which accounts for 59.67% of total compensation.

Fernández also received $197,300 in non-equity incentive plan, $283,388 in option awards and $103,933 in other compensation.

2014

Non-Equity Incentive Plan$583,800
Option Awards$333,125
Salary$865,000
Other$107,637
Total$1,889,562

In 2014, José Rafael Fernández earned a total compensation of $1,889,562 as President & Chief Executive Officer at OFG Bancorp.

Fernández received $865,000 in salary, which accounts for 45.78% of total compensation.

Fernández also received $583,800 in non-equity incentive plan, $333,125 in option awards and $107,637 in other compensation.

2013

Non-Equity Incentive Plan$570,600
Option Awards$217,327
Salary$645,962
Stock Awards$617,292
Other$86,583
Total$2,137,764

In 2013, José Rafael Fernández earned a total compensation of $2,137,764 as President & Chief Executive Officer at OFG Bancorp.

Fernández received $645,962 in salary, which accounts for 30.22% of total compensation.

Fernández also received $570,600 in non-equity incentive plan, $217,327 in option awards, $617,292 in stock awards and $86,583 in other compensation.

2012

Bonus$100,000
Non-Equity Incentive Plan$630,200
Option Awards$244,690
Salary$509,615
Stock Awards$76,895
Other$68,674
Total$1,630,074

In 2012, José Rafael Fernández earned a total compensation of $1,630,074 as President & Chief Executive Officer at OFG Bancorp.

Fernández received $630,200 in non-equity incentive plan, which accounts for 38.66% of total compensation.

Fernández also received $100,000 in bonus, $244,690 in option awards, $509,615 in salary, $76,895 in stock awards and $68,674 in other compensation.

2011

Non-Equity Incentive Plan$763,300
Salary$500,000
Other$68,710
Total$1,332,010

In 2011, José Rafael Fernández earned a total compensation of $1,332,010 as President & Chief Executive Officer at OFG Bancorp.

Fernández received $763,300 in non-equity incentive plan, which accounts for 57.30% of total compensation.

Fernández also received $500,000 in salary and $68,710 in other compensation.

2010

Bonus$140,000
Non-Equity Incentive Plan$310,600
Option Awards$850,269
Salary$500,000
Stock Awards$637,750
Other$63,710
Total$2,502,329

In 2010, José Rafael Fernández earned a total compensation of $2,502,329 as President & Chief Executive Officer at OFG Bancorp.

Fernández received $850,269 in option awards, which accounts for 33.98% of total compensation.

Fernández also received $140,000 in bonus, $310,600 in non-equity incentive plan, $500,000 in salary, $637,750 in stock awards and $63,710 in other compensation.

2009

Bonus$100,000
Non-Equity Incentive Plan$371,000
Option Awards$26,407
Salary$500,000
Stock Awards$48,703
Other$116,787
Total$1,162,897

In 2009, José Rafael Fernández earned a total compensation of $1,162,897 as President & Chief Executive Officer at OFG Bancorp.

Fernández received $500,000 in salary, which accounts for 43.00% of total compensation.

Fernández also received $100,000 in bonus, $371,000 in non-equity incentive plan, $26,407 in option awards, $48,703 in stock awards and $116,787 in other compensation.

2008

Non-Equity Incentive Plan$142,973
Salary$500,000
Stock Awards$131,160
Other$63,710
Total$837,843

In 2008, José Rafael Fernández earned a total compensation of $837,843 as President & Chief Executive Officer at OFG Bancorp.

Fernández received $500,000 in salary, which accounts for 59.68% of total compensation.

Fernández also received $142,973 in non-equity incentive plan, $131,160 in stock awards and $63,710 in other compensation.