Waddell & Reed Financial CEO Philip Sanders' 2018 pay slips 7% to $4.5M

Waddell & Reed Financial reports 2018 executive compensation

Published: March 6, 2019

Waddell & Reed Financial reported fiscal year 2018 executive compensation information on March 6, 2019.

In 2018, seven executives at Waddell & Reed Financial received on average a compensation package of $2.3M, a 18% decrease compared to previous year.

Average pay of disclosed executives at Waddell & Reed Financial

Philip J. Sanders, Chief Executive Officer, received $4.5M in total, which decreased by 7% compared to 2017. 66.58% of Sanders' compensation, or $3M, was in stock awards. Sanders also received $750K in non-equity incentive plan, $725K in salary, as well as $18.5K in other compensation.

Brent. K. Bloss, Chief Operating Officer, received a compensation package of $2.6M, which decreased by 6% compared to previous year. 57.83% of the compensation package, or $1.5M, was in stock awards.

Wendy J. Hills, Chief Legal Officer, earned $2.5M in 2018, a 9% increase compared to previous year.

Shawn M. Mihal, SVP - Broker-Dealer, received $1.9M in 2018.

Amy J. Scupham, SVP - Distribution, earned $1.5M in 2018.

Benjamin R. Clouse, Chief Financial Officer, received $1.4M in 2018.

Mark P. Buyle, Chief Legal Officer, earned $1.4M in 2018.