Nelson J. Chai

CIT Group

Former Co-President of CIT Group Inc., and Vice Chairman of CIT Bank

Overview

Nelson J. Chai made an average of $5.5M in compensation at CIT Group from 2010 to 2015.

Annual data

2015

In 2015, Nelson J. Chai earned a total compensation of $14.4M as Former Co-President of CIT Group Inc., and Vice Chairman of CIT Bank at CIT Group.

Ranking257 out of 13,574
Percentile98.1%

Nelson J. Chai's 2015 compensation ranked 257th out of 13,574 executive pay records tracked by us this year.

Chai earned more than 98.1% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking12 out of 1,024
Percentile98.8%

In the industry group of Commercial Banks, Chai's pay ranked 12th out of 1,024 executive pay records tracked by us in 2015.

Chai earned more than 98.8% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$3,448
Salary$798,718
Stock Awards$9,417,500
Other$4,226,641
Total$14,446,307

Chai received $9.4M in stock awards, which accounts for 65.19% of total compensation.

Chai also received $3.4K of change in pension value and nonqualified deferred compensation earnings, $798.7K in salary and $4.2M in other compensation.

2014

In 2014, Nelson J. Chai earned a total compensation of $4.7M as Former Co-President of CIT Group Inc., and Vice Chairman of CIT Bank at CIT Group.

Ranking1,721 out of 12,876
Percentile86.6%

Nelson J. Chai's 2014 compensation ranked 1,721st out of 12,876 executive pay records tracked by us this year.

Chai earned more than 86.6% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking64 out of 993
Percentile93.6%

In the industry group of Commercial Banks, Chai's pay ranked 64th out of 993 executive pay records tracked by us in 2014.

Chai earned more than 93.6% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$5,174
Non-Equity Incentive Plan$1,132,500
Salary$752,885
Stock Awards$2,750,000
Other$19,051
Total$4,659,609

Chai received $2.8M in stock awards, which accounts for 59.02% of total compensation.

Chai also received $5.2K of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $752.9K in salary and $19.1K in other compensation.

2013

In 2013, Nelson J. Chai earned a total compensation of $4.4M as Former Co-President of CIT Group Inc., and Vice Chairman of CIT Bank at CIT Group.

Ranking1,476 out of 11,965
Percentile87.7%

Nelson J. Chai's 2013 compensation ranked 1,476th out of 11,965 executive pay records tracked by us this year.

Chai earned more than 87.7% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking55 out of 930
Percentile94.1%

In the industry group of Commercial Banks, Chai's pay ranked 55th out of 930 executive pay records tracked by us in 2013.

Chai earned more than 94.1% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$2,999
Non-Equity Incentive Plan$1,075,000
Salary$752,885
Stock Awards$2,590,000
Other$21,360
Total$4,442,244

Chai received $2.6M in stock awards, which accounts for 58.30% of total compensation.

Chai also received $3K of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $752.9K in salary and $21.4K in other compensation.

2012

In 2012, Nelson J. Chai earned a total compensation of $5M as President of CIT Group Inc. & North American Commercial Finance, and Chairman and CEO of CIT Bank at CIT Group.

Ranking1,195 out of 10,949
Percentile89.1%

Nelson J. Chai's 2012 compensation ranked 1,195th out of 10,949 executive pay records tracked by us this year.

Chai earned more than 89.1% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking53 out of 884
Percentile94.0%

In the industry group of Commercial Banks, Chai's pay ranked 53rd out of 884 executive pay records tracked by us in 2012.

Chai earned more than 94.0% of executives in this group.

Bonus$1,160,000
Change in Pension Value and Nonqualified Deferred Compensation Earnings$79,530
Salary$736,538
Stock Awards$3,008,333
Other$8,460
Total$4,992,861

Chai received $3M in stock awards, which accounts for 60.25% of total compensation.

Chai also received $1.2M in bonus, $79.5K of change in pension value and nonqualified deferred compensation earnings, $736.5K in salary and $8.5K in other compensation.

2011

In 2011, Nelson J. Chai earned a total compensation of $1.7M as President at CIT Group.

Ranking3,692 out of 10,038
Percentile63.2%

Nelson J. Chai's 2011 compensation ranked 3,692nd out of 10,038 executive pay records tracked by us this year.

Chai earned more than 63.2% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking135 out of 853
Percentile84.2%

In the industry group of Commercial Banks, Chai's pay ranked 135th out of 853 executive pay records tracked by us in 2011.

Chai earned more than 84.2% of executives in this group.

Bonus$1,166,667
Change in Pension Value and Nonqualified Deferred Compensation Earnings$11,574
Salary$500,000
Other$8,352
Total$1,686,593

Chai received $1.2M in bonus, which accounts for 69.17% of total compensation.

Chai also received $11.6K of change in pension value and nonqualified deferred compensation earnings, $500K in salary and $8.4K in other compensation.

2010

In 2010, Nelson J. Chai earned a total compensation of $2.8M as President at CIT Group.

Ranking2,064 out of 9,480
Percentile78.2%

Nelson J. Chai's 2010 compensation ranked 2,064th out of 9,480 executive pay records tracked by us this year.

Chai earned more than 78.2% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking72 out of 829
Percentile91.3%

In the industry group of Commercial Banks, Chai's pay ranked 72nd out of 829 executive pay records tracked by us in 2010.

Chai earned more than 91.3% of executives in this group.

Salary$296,154
Stock Awards$2,500,000
Other$5,421
Total$2,801,575

Chai received $2.5M in stock awards, which accounts for 89.24% of total compensation.

Chai also received $296.2K in salary and $5.4K in other compensation.