Nelson J. Chai
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, a 210% increase compared to previous year.
Compensation breakdown
| 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, accounting for 65% of the total pay in 2015.
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.
Rankings
In 2015, Nelson J. Chai's compensation ranked 257th out of 13,638 executives tracked by ExecPay. In other words, Chai earned more than 98.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 257 out of 13,638 | 98th |
Division Finance, Insurance, And Real Estate | 50 out of 2,968 | 98th |
Major group Depository Institutions | 12 out of 1,318 | 99th |
Industry group Commercial Banks | 12 out of 1,040 | 99th |
Industry National Commercial Banks | 10 out of 345 | 97th |
Source: SEC filing on April 11, 2016.
Chai's colleagues
We found seven more compensation records of executives who worked with Nelson J. Chai at CIT Group in 2015.
2015
Joseph Otting
CIT Group
Chief Executive Officer
2015
John Thain
CIT Group
Chief Executive Officer
2015
C Knittel
CIT Group
President, CIT Transportation
2015
Scott Parker
CIT Group
Chief Financial Officer
2015
Ellen Alemany
CIT Group
Chief Executive Officer
2015
James Hudak
CIT Group
President, Commercial Banking
2015
E Hayles
CIT Group