Neil L. Underwood

2021

In 2021, Neil L. Underwood earned a total compensation of $979.1K as President at Live Oak Bancshares, a 19% increase compared to previous year.

Compensation breakdown

Bonus$80,000
Salary$707,712
Other$191,372
Total$979,084

Underwood received $707.7K in salary, accounting for 72% of the total pay in 2021.

Underwood also received $80K in bonus and $191.4K in other compensation.

Rankings

In 2021, Neil L. Underwood's compensation ranked 8,848th out of 12,405 executives tracked by ExecPay. In other words, Underwood earned more than 28.7% of executives.

ClassificationRankingPercentile
All
8,848
out of 12,405
29th
Division
Finance, Insurance, And Real Estate
1,421
out of 2,278
38th
Major group
Depository Institutions
422
out of 1,000
58th
Industry group
Commercial Banks
362
out of 800
55th
Industry
State Commercial Banks
192
out of 512
63rd

Pay ratio

Neil L. Underwood's Pay$979,084
Median Employee's Pay$94,806
Pay Ratio

10

to 1

In 2021, the annual total compensation of Neil L. Underwood was $979,084.

The annual total compensation of the median employee at Live Oak Bancshares was $94,806.

The ratio of Neil L. Underwood's pay to the pay of median employee was therefore 10 to one.

Source: SEC filing on April 1, 2022.

Underwood's colleagues

We found five more compensation records of executives who worked with Neil L. Underwood at Live Oak Bancshares in 2021.

2021

M Garriott

Live Oak Bancshares

President, Bank

2021

William Losch

Live Oak Bancshares

Chief Financial Officer

2021

Renato Derraik

Live Oak Bancshares

Chief Information and Digital Officer, Bank

2021

James Mahan

Live Oak Bancshares

Chief Executive Officer

2021

S Caines

Live Oak Bancshares

Chief Financial Officer

News

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