Nelson J. Chai
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, a 11% decrease compared to previous year.
Compensation breakdown
| 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, accounting for 58% of the total pay in 2013.
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.
Rankings
In 2013, Nelson J. Chai's compensation ranked 1,494th out of 12,286 executives tracked by ExecPay. In other words, Chai earned more than 87.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,494 out of 12,286 | 88th |
Division Finance, Insurance, And Real Estate | 319 out of 2,693 | 88th |
Major group Depository Institutions | 60 out of 1,185 | 95th |
Industry group Commercial Banks | 55 out of 956 | 94th |
Industry National Commercial Banks | 40 out of 331 | 88th |
Source: SEC filing on April 11, 2016.
Chai's colleagues
We found four more compensation records of executives who worked with Nelson J. Chai at CIT Group in 2013.