Moody's CEO Raymond McDaniel's 2018 pay slips 6% to $10.6M
Moody's reports 2018 executive compensation
Published: March 6, 2019
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 $3.1M, a 36% decrease compared to previous year.Average pay of disclosed executives at Moody's
Raymond W. McDaniel, Chief Executive Officer, received $10.6M in total, which decreased by 6% compared to 2017. 59.49% of McDaniel's compensation, or $6.3M, was in stock awards. McDaniel also received $1.7M in non-equity incentive plan, $1.6M in option awards, $1M in salary, as well as $40.4K 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 $3.5M, which decreased by 4% compared to previous year. 38.90% of the compensation package, or $1.3M, was in stock awards.
Risk Mark Kaye, Chief Financial Officer, earned $3.4M in 2018.
Robert Fauber, President of Moody's Investors Service, received $2.8M in 2018, which decreases by 11% compared to 2017.
John J. Goggins, General Counsel, earned $2.1M in 2018, a 26% decrease compared to previous year.
Jeffrey R. Hare, Senior Vice President Corporate Planning, received $1.2M in 2018.
Linda S. Huber, Chief Financial Officer, earned $1.1M in 2018, a 71% decrease compared to previous year.
Michael S. Crimmins, Former Senior Vice President - Corporate Controller, received $523K in 2018.