José Rafael Fernández
2009
In 2009, José Rafael Fernández earned a total compensation of $1.2M as President & Chief Executive Officer at OFG Bancorp, a 39% increase compared to previous year.
Compensation breakdown
| 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, accounting for 43% of the total pay in 2009.
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.
Rankings
In 2009, José Rafael Fernández's compensation ranked 3,942nd out of 9,885 executives tracked by ExecPay. In other words, Fernández earned more than 60.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,942 out of 9,885 | 60th |
Division Finance, Insurance, And Real Estate | 749 out of 2,204 | 66th |
Major group Depository Institutions | 144 out of 1,006 | 86th |
Industry group Commercial Banks | 118 out of 833 | 86th |
Industry State Commercial Banks | 44 out of 506 | 91st |
Source: SEC filing on March 10, 2011.
Fernández's colleagues
We found three more compensation records of executives who worked with José Rafael Fernández at OFG Bancorp in 2009.