Medallion Financial COO Andrew Murstein's 2019 pay jumps 22% to $3.1M
Medallion Financial reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
Medallion Financial reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, five executives at Medallion Financial received on average a compensation package of $1.3M, a 16% increase compared to previous year.
Average pay of disclosed executives at Medallion Financial
Andrew M. Murstein, Chief Operating Officer, received $3.1M in total, which increased by 22% compared to 2018. 43% of Murstein's compensation, or $1.3M, was in bonus. Murstein also received $297K in option awards, $1M in salary, $297K in stock awards, as well as $139K in other compensation.
For fiscal year 2019, the median employee pay was $74,692 at Medallion Financial. Therefore, the ratio of Andrew M. Murstein's pay to the median employee pay was 42 to one.
Alvin Murstein, Chief Executive Officer, received a compensation package of $1.5M, which increased by 13% compared to previous year. 59% of the compensation package, or $891K, was in salary.
Donald S. Poulton, Chief Executive Officer, earned $728K in 2019, a 9% increase compared to previous year.
Larry D. Hall, Chief Financial Officer, received $718K in 2019, which increases by 19% compared to 2018.
Alexander S. Travis, President of Medallion Capital, Inc, earned $455K in 2019.
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Source: SEC filing on April 28, 2020.