How Frederico was paid
$13.8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Dominic J. FredericoPresident and Chief Executive Officer | $1,250,000 | $9,413,231 | $2,510,955 | $667,530 | $13,841,716 |
| Robert A. BailensonChief Operating Officer | $900,000 | $6,462,918 | $1,761,946 | $443,754 | $9,568,618 |
| Ling ChowGeneral Counsel | $675,000 | $3,661,709 | $1,556,391 | $326,322 | $6,219,422 |
| Benjamin G. RosenblumChief Financial Officer | $675,000 | $1,882,584 | $1,717,766 | $329,957 | $4,605,307 |
| Stephen DonnarummaChief Credit Officer | $600,000 | $1,075,852 | $1,383,458 | $279,810 | $3,339,120 |
What changed and why
- $13.8MDominic J. Frederico received total compensation of $13,841,716 for fiscal 2025, representing a decrease from the prior year total of $14,933,252.
- The Compensation Committee added formal performance and payout ranges with threshold, target, and maximum levels for financial measures.
- 0%One financial performance measure result fell below the threshold, resulting in a 0% score on that specific measure.
- 60%Long-term equity incentives are structured as 60% performance-based restricted share units and 40% restricted share units.
- 80%Shareholders supported the say-on-pay proposal with over 80% approval at the 2025 annual meeting.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.