Assured Guaranty CEO Dominic Frederico's 2018 pay slips 6% to $13M
Assured Guaranty reports 2018 executive compensation
By ExecPay News
Published: March 27, 2019
Assured Guaranty reported fiscal year 2018 executive compensation information on March 27, 2019.
In 2018, five executives at Assured Guaranty received on average a compensation package of $5.5M, a 4% decrease compared to previous year.
Average pay of disclosed executives at Assured Guaranty
Dominic J. Frederico, Chief Executive Officer, received $13M in total, which decreased by 6% compared to 2017. 54% of Frederico's compensation, or $6.9M, was in stock awards. Frederico also received $3.8M in non-equity incentive plan, $1.3M in salary, as well as $844K in other compensation.
For fiscal year 2018, the median employee pay was $250,144 at Assured Guaranty. Therefore, the ratio of Dominic J. Frederico's pay to the median employee pay was 51 to one.
Robert A. Bailenson, Chief Financial Officer, received a compensation package of $4.8M, which increased by 8% compared to previous year. 41% of the compensation package, or $1.9M, was in non-equity incentive plan.
Russell B. Brewer II, Chief Surveillance Officer, earned $3.7M in 2018, a 3% decrease compared to previous year.
Ling Chow, General Counsel, received $3.6M in 2018.
Bruce E. Stern, Executive Officer, earned $2.9M in 2018, a 5% increase compared to previous year.
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Source: SEC filing on March 27, 2019.