LendingClub CEO Scott Sanborn's 2021 pay rises 17% to $6.9M
LendingClub reports 2021 executive compensation
By ExecPay News
Published: April 19, 2022
LendingClub reported fiscal year 2021 executive compensation information on April 19, 2022.
In 2021, five executives at LendingClub received on average a compensation package of $3.7M, a 8% increase compared to previous year.
Average pay of disclosed executives at LendingClub
Scott Sanborn, Chief Executive Officer, received $6.9M in total, which increased by 17% compared to 2020. 84% of Sanborn's compensation, or $5.8M, was in stock awards. Sanborn also received $625K in non-equity incentive plan, $500K in salary, as well as $7.9K in other compensation.
Thomas Casey, Chief Financial Officer, received a compensation package of $4M, which increased by 6% compared to previous year. 79% of the compensation package, or $3.2M, was in stock awards.
Ronnie Momen, Chief Consumer Banking Officer, earned $3.4M in 2021, a 57% increase compared to previous year.
Brandon Pace, Chief Administrative Officer, received $2.2M in 2021, which increases by 16% compared to 2020.
Valerie Kay, Chief Capital Officer, earned $2.1M in 2021.
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Source: SEC filing on April 19, 2022.