José Rafael Fernández
2020
In 2020, José Rafael Fernández earned a total compensation of $2.8M as President & Chief Executive Officer at OFG Bancorp, a 2% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $617,700 |
|---|---|
| Salary | $865,000 |
| Stock Awards | $1,211,341 |
| Other | $88,659 |
| Total | $2,782,700 |
Fernández received $1.2M in stock awards, accounting for 44% of the total pay in 2020.
Fernández also received $617.7K in non-equity incentive plan, $865K in salary and $88.7K in other compensation.
Rankings
In 2020, José Rafael Fernández's compensation ranked 4,153rd out of 13,090 executives tracked by ExecPay. In other words, Fernández earned more than 68.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 4,153 out of 13,090 | 68th |
Division Finance, Insurance, And Real Estate | 698 out of 2,551 | 73rd |
Major group Depository Institutions | 130 out of 1,117 | 88th |
Industry group Commercial Banks | 116 out of 897 | 87th |
Industry State Commercial Banks | 52 out of 569 | 91st |
Source: SEC filing on March 16, 2021.
Fernández's colleagues
We found four more compensation records of executives who worked with José Rafael Fernández at OFG Bancorp in 2020.