LPL Financial Holdings CEO Dan Arnold's 2020 pay slips 5% to $7.3M

LPL Financial Holdings reports 2020 executive compensation

By ExecPay News

Published: March 22, 2021

LPL Financial Holdings reported fiscal year 2020 executive compensation information on March 22, 2021.
In 2020, five executives at LPL Financial Holdings received on average a compensation package of $3.4M, a 7% decrease compared to previous year.
Average pay of disclosed executives at LPL Financial Holdings
Dan H. Arnold, Chief Executive Officer, received $7.3M in total, which decreased by 5% compared to 2019. 57% of Arnold's compensation, or $4.2M, was in stock awards. Arnold also received $2.2M in non-equity incentive plan, $850K in salary, as well as $36K in other compensation.
Matthew J. Audette, Chief Financial Officer, received a compensation package of $2.8M, which decreased by 15% compared to previous year. 42% of the compensation package, or $1.2M, was in non-equity incentive plan.
Richard Steinmeier, Managing Director, Divisional President, earned $2.4M in 2020, a 10% increase compared to previous year.
Scott Seese, Managing Director, Chief Information Officer, received $2.4M in 2020, which decreases by 15% compared to 2019.
Dayton Semerjian, Managing Director, Chief Customer Care Officer, earned $2.3M in 2020, a 4% decrease compared to previous year.

Related executives

Dan Arnold

LPL Financial Holdings

Chief Executive Officer

Matthew Audette

LPL Financial Holdings

Chief Financial Officer

Scott Seese

LPL Financial Holdings

Managing Director, Chief Information Officer

Dayton Semerjian

LPL Financial Holdings

Managing Director, Chief Customer Care Officer

Richard Steinmeier

LPL Financial Holdings

Managing Director, Divisional President

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Source: SEC filing on March 22, 2021.