New York Mortgage Trust CEO Steven Mumma's 2021 pay jumps 25% to $5.4M
New York Mortgage Trust reports 2021 executive compensation
By ExecPay News
Published: April 27, 2022
New York Mortgage Trust reported fiscal year 2021 executive compensation information on April 27, 2022.
In 2021, four executives at New York Mortgage Trust received on average a compensation package of $3.3M, a 26% increase compared to previous year.
Average pay of disclosed executives at New York Mortgage Trust
Steven R. Mumma, Chief Executive Officer, received $5.4M in total, which increased by 25% compared to 2020. 59% of Mumma's compensation, or $3.2M, was in stock awards. Mumma also received $1.2M in non-equity incentive plan, $900K in salary, as well as $145K in other compensation.
For fiscal year 2021, the median employee pay was $229,196 at New York Mortgage Trust. Therefore, the ratio of Steven R. Mumma's pay to the median employee pay was 23 to one.
Jason T. Serrano, President, received a compensation package of $4.5M, which increased by 25% compared to previous year. 58% of the compensation package, or $2.6M, was in stock awards.
Kristine R. Nario-Eng, Chief Financial Officer, earned $1.9M in 2021, a 27% increase compared to previous year.
Nathan R. Reese, Chief Operating Officer, received $1.6M in 2021, which increases by 29% compared to 2020.
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Source: SEC filing on April 27, 2022.