Moody's reports 2018 executive compensation

CEO Raymond W. McDaniel receives $10.6M

Moody's reported fiscal year 2018 executive compensation information on March 6, 2019.

In 2018, eight Moody's executives received on average a compensation package of $3,135,472, a 36% decrease compared to previous year.

Average pay of disclosed executives at Moody's

Raymond W. McDaniel, Chief Executive Officer, received $10,556,511 in total, which decreased by 6% compared to 2017. 59.49% of McDaniel's compensation, or $6,279,911, was in stock awards. McDaniel also received $1,666,200 in non-equity incentive plan, $1,569,992 in option awards, $1,000,000 in salary, as well as $40,408 in other compensation.

For fiscal year 2018, the median employee pay was $67,772 at Moody's. Therefore, the ratio of Raymond W. McDaniel's pay to the median employee pay was 156 to one.

Mark E. Almeida, President of Moody's Analytics, received a compensation package of $3,454,726, which decreased by 4% compared to previous year. 38.90% of the compensation package, or $1,344,020, was in stock awards.

Risk Mark Kaye, Chief Financial Officer, earned $3,368,222 in 2018.

Robert Fauber, President of Moody's Investors Service, received $2,817,611 in 2018, which decreases by 11% compared to 2017.

John J. Goggins, General Counsel, earned $2,060,241 in 2018, a 26% decrease compared to previous year.

Jeffrey R. Hare, Senior Vice President Corporate Planning, received $1,229,347 in 2018.

Linda S. Huber, Chief Financial Officer, earned $1,074,137 in 2018, a 71% decrease compared to previous year.

Michael S. Crimmins, Former Senior Vice President - Corporate Controller, received $522,981 in 2018.