Flagstar Bancorp CEO Alessandro DiNello's 2019 pay falls 79% to $3.5M
Flagstar Bancorp reports 2019 executive compensation
By ExecPay News
Published: April 21, 2020
Flagstar Bancorp reported fiscal year 2019 executive compensation information on April 21, 2020.
In 2019, five executives at Flagstar Bancorp received on average a compensation package of $1.9M, a 67% decrease compared to previous year.
Average pay of disclosed executives at Flagstar Bancorp
Alessandro P. DiNello, Chief Executive Officer, received $3.5M in total, which decreased by 79% compared to 2018. 47% of DiNello's compensation, or $1.6M, was in non-equity incentive plan. DiNello also received $1M in salary, $735K in stock awards, as well as $98K in other compensation.
For fiscal year 2019, the median employee pay was $55,996 at Flagstar Bancorp. Therefore, the ratio of Alessandro P. DiNello's pay to the median employee pay was 62 to one.
Lee M. Smith, Chief Operating Officer, received a compensation package of $2.2M, which decreased by 75% compared to previous year. 47% of the compensation package, or $1M, was in non-equity incentive plan.
James K. Ciroli, Chief Financial Officer, earned $1.6M in 2019, a 10% increase compared to previous year.
Stephen V. Figliuolo, Executive Vice President and Chief Risk Officer, received $1.3M in 2019, which increases by 7% compared to 2018.
Kristy Williams Fercho, Executive Vice President and President of Mortgage, earned $1.1M in 2019, a 3% decrease compared to previous year.
Related executives
Alessandro DiNello
Flagstar Bancorp
Chief Executive Officer
Lee Smith
Flagstar Bancorp
Executive Vice President and President of Mortgage
James Ciroli
Flagstar Bancorp
Chief Financial Officer
Stephen Figliuolo
Flagstar Bancorp
Executive Vice President and Chief Risk Officer
Kristy Fercho
Flagstar Bancorp
Executive Vice President and President of Mortgage
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Source: SEC filing on April 21, 2020.