Steven Solk
2018
In 2018, Steven Solk earned a total compensation of $2.1M as President, Consumer Banking at CIT Group, a 9% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $625,000 |
|---|---|
| Salary | $550,000 |
| Stock Awards | $850,000 |
| Other | $29,352 |
| Total | $2,054,352 |
Solk received $850K in stock awards, accounting for 41% of the total pay in 2018.
Solk also received $625K in non-equity incentive plan, $550K in salary and $29.4K in other compensation.
Rankings
In 2018, Steven Solk's compensation ranked 5,588th out of 14,244 executives tracked by ExecPay. In other words, Solk earned more than 60.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,588 out of 14,244 | 61st |
Division Finance, Insurance, And Real Estate | 1,022 out of 2,994 | 66th |
Major group Depository Institutions | 219 out of 1,316 | 83rd |
Industry group Commercial Banks | 199 out of 1,072 | 81st |
Industry National Commercial Banks | 104 out of 352 | 71st |
Pay ratio
| Steven Solk's Pay | $2,054,352 |
|---|---|
| Median Employee's Pay | $93,603 |
| Pay Ratio | 22to 1 |
In 2018, the annual total compensation of Steven Solk was $2,054,352.
The annual total compensation of the median employee at CIT Group was $93,603.
The ratio of Steven Solk's pay to the pay of median employee was therefore 22 to one.
Source: SEC filing on April 4, 2019.
Solk's colleagues
We found four more compensation records of executives who worked with Steven Solk at CIT Group in 2018.