Steven J. Smits
2019
In 2019, Steven J. Smits earned a total compensation of $790.4K as Chief Credit Officer at Live Oak Bancshares, a 36% decrease compared to previous year.
Compensation breakdown
| Bonus | $40,000 |
|---|---|
| Salary | $400,008 |
| Stock Awards | $307,800 |
| Other | $42,588 |
| Total | $790,396 |
Smits received $400K in salary, accounting for 51% of the total pay in 2019.
Smits also received $40K in bonus, $307.8K in stock awards and $42.6K in other compensation.
Rankings
In 2019, Steven J. Smits' compensation ranked 10,267th out of 13,971 executives tracked by ExecPay. In other words, Smits earned more than 26.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 10,267 out of 13,971 | 27th |
Division Finance, Insurance, And Real Estate | 1,963 out of 2,901 | 32nd |
Major group Depository Institutions | 614 out of 1,223 | 50th |
Industry group Commercial Banks | 530 out of 1,011 | 48th |
Industry State Commercial Banks | 283 out of 627 | 55th |
Pay ratio
| Steven J. Smits' Pay | $790,396 |
|---|---|
| Median Employee's Pay | $82,439 |
| Pay Ratio | to 1 |
In 2019, the annual total compensation of Steven J. Smits was $790,396.
The annual total compensation of the median employee at Live Oak Bancshares was $82,439.
The ratio of Steven J. Smits' pay to the pay of median employee was therefore to one.
Source: SEC filing on April 2, 2021.
Smits' colleagues
We found five more compensation records of executives who worked with Steven J. Smits at Live Oak Bancshares in 2019.