José Rafael Fernández

OFG Bancorp

President & Chief Executive Officer

Overview

José Rafael Fernández made an average of $1.8M in compensation at OFG Bancorp from 2008 to 2018.

Annual data

2018

In 2018, José Rafael Fernández earned a total compensation of $2.8M as President & Chief Executive Officer at OFG Bancorp.

Ranking3,387 out of 10,753
Percentile68.5%

José Rafael Fernández's 2018 compensation ranked 3,387th out of 10,753 executive pay records tracked by us this year.

Fernández earned more than 68.5% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking116 out of 850
Percentile86.4%

In the industry group of Commercial Banks, Fernández's pay ranked 116th out of 850 executive pay records tracked by us in 2018.

Fernández earned more than 86.4% of executives in this group.

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

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

Fernández also received $283.3K in bonus, $708.6K in non-equity incentive plan, $850.9K in stock awards and $92.6K in other compensation.

2017

In 2017, José Rafael Fernández earned a total compensation of $2.3M as President & Chief Executive Officer at OFG Bancorp.

Ranking4,519 out of 13,682
Percentile67.0%

José Rafael Fernández's 2017 compensation ranked 4,519th out of 13,682 executive pay records tracked by us this year.

Fernández earned more than 67.0% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking160 out of 1,056
Percentile84.8%

In the industry group of Commercial Banks, Fernández's pay ranked 160th out of 1,056 executive pay records tracked by us in 2017.

Fernández earned more than 84.8% of executives in this group.

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

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

Fernández also received $283.3K in bonus, $760.1K in non-equity incentive plan, $312K in stock awards and $95.6K in other compensation.

2016

In 2016, José Rafael Fernández earned a total compensation of $1.8M as President & Chief Executive Officer at OFG Bancorp.

Ranking5,416 out of 14,016
Percentile61.4%

José Rafael Fernández's 2016 compensation ranked 5,416th out of 14,016 executive pay records tracked by us this year.

Fernández earned more than 61.4% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking179 out of 1,086
Percentile83.5%

In the industry group of Commercial Banks, Fernández's pay ranked 179th out of 1,086 executive pay records tracked by us in 2016.

Fernández earned more than 83.5% of executives in this group.

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

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

Fernández also received $836.9K in non-equity incentive plan and $78.1K in other compensation.

2015

In 2015, José Rafael Fernández earned a total compensation of $1.4M as President & Chief Executive Officer at OFG Bancorp.

Ranking6,150 out of 13,575
Percentile54.7%

José Rafael Fernández's 2015 compensation ranked 6,150th out of 13,575 executive pay records tracked by us this year.

Fernández earned more than 54.7% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking217 out of 1,024
Percentile78.8%

In the industry group of Commercial Banks, Fernández's pay ranked 217th out of 1,024 executive pay records tracked by us in 2015.

Fernández earned more than 78.8% of executives in this group.

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

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

Fernández also received $197.3K in non-equity incentive plan, $283.4K in option awards and $103.9K in other compensation.

2014

In 2014, José Rafael Fernández earned a total compensation of $1.9M as President & Chief Executive Officer at OFG Bancorp.

Ranking4,731 out of 12,903
Percentile63.3%

José Rafael Fernández's 2014 compensation ranked 4,731st out of 12,903 executive pay records tracked by us this year.

Fernández earned more than 63.3% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking159 out of 993
Percentile84.0%

In the industry group of Commercial Banks, Fernández's pay ranked 159th out of 993 executive pay records tracked by us in 2014.

Fernández earned more than 84.0% of executives in this group.

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

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

Fernández also received $583.8K in non-equity incentive plan, $333.1K in option awards and $107.6K in other compensation.

2013

In 2013, José Rafael Fernández earned a total compensation of $2.1M as President & Chief Executive Officer at OFG Bancorp.

Ranking3,656 out of 12,010
Percentile69.6%

José Rafael Fernández's 2013 compensation ranked 3,656th out of 12,010 executive pay records tracked by us this year.

Fernández earned more than 69.6% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking116 out of 930
Percentile87.5%

In the industry group of Commercial Banks, Fernández's pay ranked 116th out of 930 executive pay records tracked by us in 2013.

Fernández earned more than 87.5% of executives in this group.

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

Fernández received $646K in salary, which accounts for 30.22% of total compensation.

Fernández also received $570.6K in non-equity incentive plan, $217.3K in option awards, $617.3K in stock awards and $86.6K in other compensation.

2012

In 2012, José Rafael Fernández earned a total compensation of $1.6M as President & Chief Executive Officer at OFG Bancorp.

Ranking4,185 out of 11,068
Percentile62.2%

José Rafael Fernández's 2012 compensation ranked 4,185th out of 11,068 executive pay records tracked by us this year.

Fernández earned more than 62.2% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking143 out of 890
Percentile83.9%

In the industry group of Commercial Banks, Fernández's pay ranked 143rd out of 890 executive pay records tracked by us in 2012.

Fernández earned more than 83.9% of executives in this group.

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

Fernández received $630.2K in non-equity incentive plan, which accounts for 38.66% of total compensation.

Fernández also received $100K in bonus, $244.7K in option awards, $509.6K in salary, $76.9K in stock awards and $68.7K in other compensation.

2011

In 2011, José Rafael Fernández earned a total compensation of $1.3M as President & Chief Executive Officer at OFG Bancorp.

Ranking4,501 out of 10,166
Percentile55.7%

José Rafael Fernández's 2011 compensation ranked 4,501st out of 10,166 executive pay records tracked by us this year.

Fernández earned more than 55.7% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking159 out of 864
Percentile81.6%

In the industry group of Commercial Banks, Fernández's pay ranked 159th out of 864 executive pay records tracked by us in 2011.

Fernández earned more than 81.6% of executives in this group.

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

Fernández received $763.3K in non-equity incentive plan, which accounts for 57.30% of total compensation.

Fernández also received $500K in salary and $68.7K in other compensation.

2010

In 2010, José Rafael Fernández earned a total compensation of $2.5M as President & Chief Executive Officer at OFG Bancorp.

Ranking2,349 out of 9,654
Percentile75.7%

José Rafael Fernández's 2010 compensation ranked 2,349th out of 9,654 executive pay records tracked by us this year.

Fernández earned more than 75.7% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking78 out of 832
Percentile90.6%

In the industry group of Commercial Banks, Fernández's pay ranked 78th out of 832 executive pay records tracked by us in 2010.

Fernández earned more than 90.6% of executives in this group.

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

Fernández received $850.3K in option awards, which accounts for 33.98% of total compensation.

Fernández also received $140K in bonus, $310.6K in non-equity incentive plan, $500K in salary, $637.8K in stock awards and $63.7K in other compensation.

2009

In 2009, José Rafael Fernández earned a total compensation of $1.2M as President & Chief Executive Officer at OFG Bancorp.

Ranking3,702 out of 8,889
Percentile58.4%

José Rafael Fernández's 2009 compensation ranked 3,702nd out of 8,889 executive pay records tracked by us this year.

Fernández earned more than 58.4% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking117 out of 782
Percentile85.0%

In the industry group of Commercial Banks, Fernández's pay ranked 117th out of 782 executive pay records tracked by us in 2009.

Fernández earned more than 85.0% of executives in this group.

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

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

Fernández also received $100K in bonus, $371K in non-equity incentive plan, $26.4K in option awards, $48.7K in stock awards and $116.8K in other compensation.

2008

In 2008, José Rafael Fernández earned a total compensation of $837.8K as President & Chief Executive Officer at OFG Bancorp.

Ranking4,472 out of 7,937
Percentile43.7%

José Rafael Fernández's 2008 compensation ranked 4,472nd out of 7,937 executive pay records tracked by us this year.

Fernández earned more than 43.7% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking186 out of 727
Percentile74.4%

In the industry group of Commercial Banks, Fernández's pay ranked 186th out of 727 executive pay records tracked by us in 2008.

Fernández earned more than 74.4% of executives in this group.

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

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

Fernández also received $143K in non-equity incentive plan, $131.2K in stock awards and $63.7K in other compensation.