New York Mortgage Trust CEO David Akre receives $551K in 2006

New York Mortgage Trust reports 2006 executive compensation

By ExecPay News

Published: April 26, 2007

New York Mortgage Trust reported fiscal year 2006 executive compensation information on April 26, 2007.
In 2006, six executives at New York Mortgage Trust received on average a compensation package of $413K.
Average pay of disclosed executives at New York Mortgage Trust
David A. Akre, Chief Executive Officer, received $551K in total. 77% of Akre's compensation, or $423K, was in salary. Akre also received $86K in stock awards and $41K in other compensation.
Steven B. Schnall, Chief Executive Officer, received a compensation package of $534K. 79% of the compensation package, or $423K, was in salary.
Steven R. Mumma, Chief Executive Officer, earned $388K in 2006.
Joseph V. Fierro, Chief Operating Officer, received $388K in 2006.
Michael I. Wirth, Chief Financial Officer, earned $383K in 2006.
A. Bradley Howe, General Counsel, received $231K in 2006.

Related executives

David Akre

New York Mortgage Trust

Chief Executive Officer

Steven Mumma

New York Mortgage Trust

Chief Executive Officer

A Howe

New York Mortgage Trust

General Counsel

Steven Schnall

New York Mortgage Trust

Chief Executive Officer

Joseph Fierro

New York Mortgage Trust

Chief Operating Officer

Michael Wirth

New York Mortgage Trust

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Source: SEC filing on April 26, 2007.