Focus Financial Partners CEO Ruediger Adolf's 2021 pay jumps 110% to $12M
Focus Financial Partners reports 2021 executive compensation
By ExecPay News
Published: April 14, 2022
Focus Financial Partners reported fiscal year 2021 executive compensation information on April 14, 2022.
In 2021, five executives at Focus Financial Partners received on average a compensation package of $7.4M, a 115% increase compared to previous year.
Average pay of disclosed executives at Focus Financial Partners
Ruediger Adolf, Chief Executive Officer, received $12M in total, which increased by 110% compared to 2020. 40% of Adolf's compensation, or $4.8M, was in option awards. Adolf also received $4.3M in non-equity incentive plan, $909K in salary, $1.7M in stock awards, as well as $201K in other compensation.
For fiscal year 2021, the median employee pay was $75,202 at Focus Financial Partners. Therefore, the ratio of Ruediger Adolf's pay to the median employee pay was 158 to one.
Rajini Sundar Kodialam, Chief Operating Officer, received a compensation package of $8M, which increased by 117% compared to previous year. 42% of the compensation package, or $3.3M, was in option awards.
Leonard Chang, Co-Founder, earned $6.2M in 2021, a 114% increase compared to previous year.
James Shanahan, Chief Financial Officer, received $5.8M in 2021, which increases by 125% compared to 2020.
J. Russell McGranahan, General Counsel, earned $4.9M in 2021, a 111% increase compared to previous year.
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Source: SEC filing on April 14, 2022.