Nelnet CEO Jeffrey Noordhoek's 2013 pay rises 8% to $1.1M
Nelnet reports 2013 executive compensation
By ExecPay News
Published: April 9, 2014
Nelnet reported fiscal year 2013 executive compensation information on April 9, 2014.
In 2013, five Nelnet executives received on average a compensation package of $887K, a 6% increase compared to previous year.
Average pay of disclosed executives at Nelnet
Jeffrey R. Noordhoek, Chief Executive Officer, received $1.1M in total, which increased by 8% compared to 2012. 52% of Noordhoek's compensation, or $575K, was in bonus. Noordhoek also received $500K in salary and $38K in other compensation.
Terry J. Heimes, Chief Operating Officer, received a compensation package of $1.1M, which is about the same as previous year. 50% of the compensation package, or $538K, was in bonus.
Michael S. Dunlap, Chairman, earned $1M in 2013, a 1% increase compared to previous year.
Timothy A. Tewes, President, received $694K in 2013, which increases by 7% compared to 2012.
William J. Munn, General Counsel, earned $534K in 2013, a 36% increase compared to previous year.
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Source: SEC filing on April 9, 2014.