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.
Average pay of disclosed executives at Cowen Group
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.

Related executives

Jeffrey Solomon

Cowen Group

Chief Executive Officer

Stephen Lasota

Cowen Group

Chief Financial Officer

John Holmes

Cowen Group

Chief Operating Officer

Owen Littman

Cowen Group

General Counsel

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Source: SEC filing on May 22, 2020.