SLM CEO Raymond Quinlan's 2019 pay slips 2% to $6.1M
SLM reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
SLM reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, five SLM executives received on average a compensation package of $2.6M, a 6% increase compared to previous year.
Average pay of disclosed executives at SLM
Raymond J. Quinlan, Chief Executive Officer, received $6.1M in total, which decreased by 2% compared to 2018. 60% of Quinlan's compensation, or $3.7M, was in stock awards. Quinlan also received $1.4M in non-equity incentive plan, $921K in salary, as well as $114K in other compensation.
For fiscal year 2019, the median employee pay was $72,550 at SLM. Therefore, the ratio of Raymond J. Quinlan's pay to the median employee pay was 84 to one.
Donna F. Vieira, Chief Marketing Officer, received a compensation package of $2.1M. 26% of the compensation package, or $555K, was in non-equity incentive plan.
Steven J. McGarry, Chief Financial Officer, earned $2M in 2019, a 8% decrease compared to previous year.
Paul F. Thome, Chief Administrative Officer, received $1.6M in 2019, which decreases by 3% compared to 2018.
Nicolas Jafarieh, General Counsel, earned $1.3M in 2019, a 4% decrease compared to previous year.
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Source: SEC filing on April 28, 2020.