Thomas C. Merchant
2019
In 2019, Thomas C. Merchant earned a total compensation of $2.1M as General Counsel at Legg Mason, a 4% increase compared to previous year.
Compensation breakdown
| Bonus | $857,500 |
|---|---|
| Salary | $350,000 |
| Stock Awards | $876,624 |
| Other | $52,621 |
| Total | $2,136,745 |
Merchant received $876.6K in stock awards, accounting for 41% of the total pay in 2019.
Merchant also received $857.5K in bonus, $350K in salary and $52.6K in other compensation.
Rankings
In 2019, Thomas C. Merchant's compensation ranked 5,585th out of 13,971 executives tracked by ExecPay. In other words, Merchant earned more than 60.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,585 out of 13,971 | 60th |
Division Finance, Insurance, And Real Estate | 1,054 out of 2,901 | 64th |
Major group Security And Commodity Brokers, Dealers, Exchanges, And Services | 158 out of 254 | 38th |
Industry group Services Allied With The Exchange Of Securities | 80 out of 132 | 39th |
Industry Investment Advice | 80 out of 132 | 39th |
Pay ratio
| Thomas C. Merchant's Pay | $2,136,745 |
|---|---|
| Median Employee's Pay | $165,165 |
| Pay Ratio | 13to 1 |
In 2019, the annual total compensation of Thomas C. Merchant was $2,136,745.
The annual total compensation of the median employee at Legg Mason was $165,165.
The ratio of Thomas C. Merchant's pay to the pay of median employee was therefore 13 to one.
Source: SEC filing on June 20, 2019.
Merchant's colleagues
We found four more compensation records of executives who worked with Thomas C. Merchant at Legg Mason in 2019.