Radian Group CEO Richard Thornberry's 2018 pay jumps 39% to $9.5M
Radian Group reports 2018 executive compensation
By ExecPay News
Published: April 5, 2019
Radian Group reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, five executives at Radian Group received on average a compensation package of $3.9M, a 16% increase compared to previous year.
Average pay of disclosed executives at Radian Group
Richard G. Thornberry, Chief Executive Officer, received $9.5M in total, which increased by 39% compared to 2017. 50% of Thornberry's compensation, or $4.8M, was in stock awards. Thornberry also received $2.8M in bonus, $1.1M in non-equity incentive plan, $800K in salary, as well as $80K in other compensation.
For fiscal year 2018, the median employee pay was $85,132 at Radian Group. Therefore, the ratio of Richard G. Thornberry's pay to the median employee pay was 112 to one.
Derek V. Brummer, Senior Executive V.P., Mortgage Insurance and Risk Services, received a compensation package of $2.9M, which increased by 51% compared to previous year. 35% of the compensation package, or $1M, was in stock awards.
Edward J. Hoffman, General Counsel, earned $2.4M in 2018, a 39% increase compared to previous year.
J. Franklin Hall, Chief Financial Officer, received $2.3M in 2018, which increases by 43% compared to 2017.
Brien J. McMahon, Senior Executive V.P., Chief Franchise Officer, earned $2.3M in 2018, a 38% increase compared to previous year.
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Source: SEC filing on April 5, 2019.