Chad R. Abraham's wealth is primarily tied to his role at Piper Sandler, especially since he became CEO in 2018. His compensation has varied significantly over the years, reflecting his performance and the firm’s success. In 2019, he earned around...
Chad R. Abraham's wealth is primarily tied to his role at Piper Sandler, especially since he became CEO in 2018. His compensation has varied significantly over the years, reflecting his performance and the firm’s success. In 2019, he earned around $5.5 million, which included bonuses tied directly to the company's performance. In 2020, that amount dropped to about $7.2 million due to the business impacts of COVID-19. However, in 2021, his total compensation rose dramatically to $12 million, benefiting from the company's strong financial recovery and growth. This shows that most of his wealth is strongly connected to how well Piper Sandler is performing financially.