How Lutnick was paid
$15M in total for 2024, 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 | Incentive | Total |
|---|---|---|---|
| Howard W. LutnickFormer Chairman of the Board of Directors and Chief Executive Officer | $1,000,000 | $14,000,000 | $15,000,000 |
| Stephen M. MerkelExecutive Vice President and General Counsel | $1,000,000 | $1,750,000 | $2,750,000 |
| Sean A. WindeattChief Operating Officer | $850,675 | $3,047,847 | $3,898,522 |
| Jason W. HaufChief Financial Officer | $700,000 | $750,000 | $1,450,000 |
What changed and why
- $15M$15,000,000 was the CEO’s 2024 total compensation, down from $17,044,535 in 2023.
- $14M$14,000,000 was the CEO’s 2024 Incentive Plan bonus, paid in cash.
- $3M$3,047,847 was the COO’s 2024 Incentive Plan bonus, including cash and RSUs-LLP.
- $1.8M$1,750,000 was the General Counsel’s 2024 Incentive Plan bonus, including cash and RSUs.
- 117-to-1 was the 2024 CEO-to-median-employee pay ratio.
- $128K$128,205 was the median employee’s 2024 annual total compensation.
Other BGC Group proxy statements
- 2026 proxy statement
John J. Abularrage paid $11.1M, pay ratio 77:1.
Filed Oct 08, 2026
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.