Sundar PichaiSundar Pichai earned $164M in 2023
M

Craig L. Knutson

Ex-CEO of MFA Financial

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1959 - 66 years ago

Economy Sector

Real Estate

Tenure

7 years 3 months (Aug 2017 - Nov 2024)

Previous Experience

President and COO

Craig L. Knutson has been at the forefront of MFA Financial, Inc. since mid-2017, where he is currently the CEO and President. Born in 1959, he brings over 30 years of experience in finance and mortgage trading to the table....

Year

2023

Total Compensation

$1.44M

Salary

$800.00K

Board Justification

The compensation philosophy aims to align executive compensation with company performance, focusing on attracting, motivating, and retaining top talent while ensuring competitive pay.

Bonus

$625.00K

Board Justification

The IRM Bonus was determined by the Compensation Committee based on individual performance and overall company performance, resulting in a payout of 125% of the target IRM Bonus for 2023.

Other

$13.20K

Board Justification

Employer matching contributions under the 401(k) Plan.

Restricted Stock

$0.00(0 TRSU and PRSU)

Board Justification

No stock was vested in 2023 as the TRSUs and PRSUs granted in January 2023 have not yet vested.

Performance Metrics

Adjusted Distributable Earnings ROAE and Adjusted GAAP ROAE were the primary performance metrics used to determine the annual incentive compensation.