Cowen Group CEO Jeffrey Solomon's 2019 pay jumps 47% to $7.5M
Cowen Group reports 2019 executive compensation
By ExecPay News
Published: May 22, 2020
Cowen Group reported fiscal year 2019 executive compensation information on May 22, 2020.
In 2019, four executives at Cowen Group received on average a compensation package of $4.2M, a 23% increase compared to previous year.
Jeffrey M. Solomon, Chief Executive Officer, received $7.5M in total, which increased by 47% compared to 2018. 47.98% of Solomon's compensation, or $3.6M, was in stock awards. Solomon also received $1.3M in bonus, $950K in salary, as well as $1.6M in other compensation.
For fiscal year 2019, the median employee pay was $185,000 at Cowen Group. Therefore, the ratio of Jeffrey M. Solomon's pay to the median employee pay was 40 to one.
John Holmes, Chief Operating Officer, received a compensation package of $3.2M, which increased by 8% compared to previous year. 38.56% of the compensation package, or $1.2M, was in bonus.
Owen S. Littman, General Counsel, earned $3.2M in 2019, a 10% increase compared to previous year.
Stephen A. Lasota, Chief Financial Officer, received $3.1M in 2019, which increases by 10% compared to 2018.