Robert Rubino
2019
In 2019, Robert Rubino earned a total compensation of $9M as President of CIT Bank, N.A and Head of Commercial Banking at CIT Group.
Compensation breakdown
| Bonus | $2,800,000 |
|---|---|
| Non-Equity Incentive Plan | $1,100,000 |
| Salary | $678,974 |
| Stock Awards | $4,400,000 |
| Other | $11,535 |
| Total | $8,990,509 |
Rubino received $4.4M in stock awards, accounting for 49% of the total pay in 2019.
Rubino also received $2.8M in bonus, $1.1M in non-equity incentive plan, $679K in salary and $11.5K in other compensation.
Rankings
In 2019, Robert Rubino's compensation ranked 903rd out of 13,971 executives tracked by ExecPay. In other words, Rubino earned more than 93.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 903 out of 13,971 | 94th |
Division Finance, Insurance, And Real Estate | 180 out of 2,901 | 94th |
Major group Depository Institutions | 42 out of 1,223 | 97th |
Industry group Commercial Banks | 40 out of 1,011 | 96th |
Industry National Commercial Banks | 31 out of 373 | 92nd |
Pay ratio
| Robert Rubino's Pay | $8,990,509 |
|---|---|
| Median Employee's Pay | $93,434 |
| Pay Ratio | 96to 1 |
In 2019, the annual total compensation of Robert Rubino was $8,990,509.
The annual total compensation of the median employee at CIT Group was $93,434.
The ratio of Robert Rubino's pay to the pay of median employee was therefore 96 to one.
Source: SEC filing on April 2, 2020.
Rubino's colleagues
We found four more compensation records of executives who worked with Robert Rubino at CIT Group in 2019.