Affiliated Managers Group CEO Jay Horgen's 2021 pay rises 19% to $9.1M
Affiliated Managers Group reports 2021 executive compensation
By ExecPay News
Published: April 15, 2022
Affiliated Managers Group reported fiscal year 2021 executive compensation information on April 15, 2022.
In 2021, five executives at Affiliated Managers Group received on average a compensation package of $5M, a 13% increase compared to previous year.
Average pay of disclosed executives at Affiliated Managers Group
Jay C. Horgen, Chief Executive Officer, received $9.1M in total, which increased by 19% compared to 2020. 52% of Horgen's compensation, or $4.8M, was in non-equity incentive plan. Horgen also received $750K in salary, $3.5M in stock awards, as well as $58K in other compensation.
For fiscal year 2021, the median employee pay was $183,137 at Affiliated Managers Group. Therefore, the ratio of Jay C. Horgen's pay to the median employee pay was 49 to one.
Thomas M. Wojcik, Chief Financial Officer, received a compensation package of $5M, which increased by 37% compared to previous year. 48% of the compensation package, or $2.4M, was in non-equity incentive plan.
Rizwan M. Jamal, Head of Affiliate Investments, earned $4.7M in 2021.
John R. Erickson, Head of Affiliate Engagement, received $3.1M in 2021.
David M. Billings, General Counsel, earned $3M in 2021, a 54% increase compared to previous year.
Related executives
Jay Horgen
Affiliated Managers Group
Chief Executive Officer
Thomas Wojcik
Affiliated Managers Group
Chief Financial Officer
Rizwan Jamal
Affiliated Managers Group
Head of Affiliate Investments
John Erickson
Affiliated Managers Group
Head of Affiliate Engagement
David Billings
Affiliated Managers Group
General Counsel
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Source: SEC filing on April 15, 2022.