Vandad Fartaj
2021 - PennyMac Financial Services
Compensation breakdown
| Non-Equity Incentive Plan | $3,389,250 |
|---|---|
| Option Awards | $349,350 |
| Salary | $425,000 |
| Stock Awards | $804,951 |
| Other | $64,697 |
| Total | $5,033,248 |
Fartaj received $3.4M in non-equity incentive plan, accounting for 67% of the total pay in 2021.
Fartaj also received $349.4K in option awards, $425K in salary, $805K in stock awards and $64.7K in other compensation.
Rankings
In 2021, Vandad Fartaj's compensation ranked 2,603rd out of 12,405 executives tracked by ExecPay. In other words, Fartaj earned more than 79.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,603 out of 12,405 | 79th |
Division Finance, Insurance, And Real Estate | 404 out of 2,278 | 82nd |
Major group Non-depository Credit Institutions | 16 out of 70 | 77th |
Industry group Mortgage Bankers And Brokers | 7 out of 16 | 56th |
Industry Mortgage Bankers and Loan Correspondents | 7 out of 16 | 56th |
Pay ratio
| Vandad Fartaj's Pay | $5,033,248 |
|---|---|
| Median Employee's Pay | $70,939 |
| Pay Ratio | 71to 1 |
In 2021, the annual total compensation of Vandad Fartaj was $5,033,248.
The annual total compensation of the median employee at PennyMac Financial Services was $70,939.
The ratio of Vandad Fartaj's pay to the pay of median employee was therefore 71 to one.
Fartaj's colleagues
We found four more compensation records of executives who worked with Vandad Fartaj at PennyMac Financial Services in 2021.
2021
David Spector
PennyMac Financial Services
Chief Executive Officer
2021
Doug Jones
PennyMac Financial Services
President and Chief Mortgage Banking Officer
2021
Andrew Chang
PennyMac Financial Services
Chief Operating Officer
2021
Daniel Perotti
PennyMac Financial Services
Chief Financial Officer
News
April 13, 2022
April 14, 2021
April 3, 2020
April 3, 2020
April 22, 2019