New York Mortgage Trust CEO Steven Mumma's 2020 pay slips 13% to $4.3M
New York Mortgage Trust reports 2020 executive compensation
By ExecPay News
Published: April 28, 2021
New York Mortgage Trust reported fiscal year 2020 executive compensation information on April 28, 2021.
In 2020, four executives at New York Mortgage Trust received on average a compensation package of $2.7M, a 16% decrease compared to previous year.
Average pay of disclosed executives at New York Mortgage Trust
Steven R. Mumma, Chief Executive Officer, received $4.3M in total, which decreased by 13% compared to 2019. 58% of Mumma's compensation, or $2.5M, was in stock awards. Mumma also received $810K in non-equity incentive plan, $900K in salary, as well as $99K in other compensation.
For fiscal year 2020, the median employee pay was $213,194 at New York Mortgage Trust. Therefore, the ratio of Steven R. Mumma's pay to the median employee pay was 20 to one.
Jason T. Serrano, President, received a compensation package of $3.6M, which decreased by 30% compared to previous year. 58% of the compensation package, or $2.1M, was in stock awards.
Kristine R. Nario-Eng, Chief Financial Officer, earned $1.5M in 2020, a 17% increase compared to previous year.
Nathan R. Reese, Chief Operating Officer, received $1.2M in 2020, which decreases by 6% compared to 2019.
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Source: SEC filing on April 28, 2021.