New York Mortgage Trust CEO Steven Mumma's 2018 pay jumps 39% to $3.3M
New York Mortgage Trust reports 2018 executive compensation
By ExecPay News
Published: April 29, 2019
New York Mortgage Trust reported fiscal year 2018 executive compensation information on April 29, 2019.
In 2018, three executives at New York Mortgage Trust received on average a compensation package of $1.8M, a 84% increase compared to previous year.
Average pay of disclosed executives at New York Mortgage Trust
Steven R. Mumma, Chief Executive Officer, received $3.3M in total, which increased by 39% compared to 2017. 48% of Mumma's compensation, or $1.6M, was in stock awards. Mumma also received $728K in non-equity incentive plan, $800K in salary, as well as $199K in other compensation.
For fiscal year 2018, the median employee pay was $219,249 at New York Mortgage Trust. Therefore, the ratio of Steven R. Mumma's pay to the median employee pay was 15 to one.
Nathan R. Reese, Chief Operating Officer, received a compensation package of $1M, which increased by 46% compared to previous year. 39% of the compensation package, or $400K, was in salary.
Kristine R. Nario-Eng, Chief Financial Officer, earned $1M in 2018, a 59% increase compared to previous year.
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Source: SEC filing on April 29, 2019.