Capstead Mortgage CEO Andrew Jacobs' 2009 pay rises 1% to $2.9M
Capstead Mortgage reports 2009 executive compensation
By ExecPay News
Published: March 17, 2010
Capstead Mortgage reported fiscal year 2009 executive compensation information on March 17, 2010.
In 2009, four executives at Capstead Mortgage received on average a compensation package of $2M, a 2% increase compared to previous year.
Average pay of disclosed executives at Capstead Mortgage
Andrew F. Jacobs, Chief Executive Officer, received $2.9M in total, which increased by 1% compared to 2008. 49% of Jacobs' compensation, or $1.5M, was in bonus. Jacobs also received $908K in salary, $460K in stock awards, as well as $132K in other compensation.
Robert R. Spears, Jr, Executive Vice President, Director of Residential Mortgage Investments, received a compensation package of $2.3M, which increased by 5% compared to previous year. 51% of the compensation package, or $1.2M, was in bonus.
Phillip A. Reinsch, Chief Financial Officer, earned $1.7M in 2009, a 3% increase compared to previous year.
Michael W. Brown, Senior Vice President, Asset and Liability Management and Treasurer, received $1.1M in 2009, which increases by 1% compared to 2008.
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Source: SEC filing on March 17, 2010.