Sundar PichaiSundar Pichai earned $164M in 2023

Gary Taylor is the Chief Operating Officer of Ready Capital Corporation, a role he has held since April 2019. With over 25 years of experience in operations and risk management, his career spans multiple asset types, including small balance commercial...

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Gary Taylor

Ex-CEO of Ready Capital

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Real Estate

Born

January 1, 1963 - 62 years ago

CEO of Ready Capital for

3 years 7 months (Apr 2019 - Nov 2022)

Previous Experience

President and Chief Operating Officer of Newtek Business Credit, Managing Director at Brevet Capital Management, Chief Operating Officer of CIT Small Business Lending.

Holdings

See how much did Gary Taylor make over time.

Gary Taylor's financial interests are aligned with his role at Ready Capital Corporation. His compensation reflects a strong performance-based structure, with significant variations over the years. In 2023, he received an overall cash compensation of $1.5 million, which included a...

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RC

$104.60K

RC at $5.23/share

Mar 10, 2025

Purchase

RC

59,524 shares

RC

Feb 22, 2025

Received

RC

44,150 shares

RC

Feb 22, 2024

Received

RC

30,817 shares

RC

Feb 12, 2023

Received

RC

22,903 shares

RC

Feb 12, 2022

Received

RC

16,505 shares

RC

Feb 12, 2021

Received

RC

$49.82K

RC at $6.04/share

May 20, 2020

Purchase

RC

15,282 shares

RC

Feb 14, 2020

Received

Compensation History

See how much did Gary Taylor make over time.

Gary Taylor's compensation as COO of Ready Capital has varied significantly over the years, highlighting his contribution to the company’s performance. In 2022, he earned a total of $1.98 million, which included a substantial cash bonus of $941,250 based on the achievement of performance metrics. His focus on cash compensation has been evident, as he did not receive any stock awards in recent years, emphasizing the company’s strategy on linking executive earnings to immediate business results rather than long-term stock growth. In contrast, his 2023 compensation totaled $1.5 million, underscoring consistent performance in a competitive financial environment. This structure indicates a clear alignment between Taylor's goals and the company’s focus on delivering shareholder value, reinforcing his future with the firm and the importance of responsible operational management.

Year

2022

Total Compensation

$455.85K

Salary

$431.25K

Board Justification

The compensation philosophy aligns executive compensation with company performance and market practices, focusing on cash compensation for the year 2022.

Bonus

$0.00

Board Justification

No cash bonus was awarded for the year 2022.

Other

$24.60K

Board Justification

This includes employer 401(k) matching contributions, employer cash balance plan contributions, and medical and dental benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2022 as the focus is on cash compensation only.

Performance Metrics

Performance metrics include Distributable Return on Equity (ROE) and Total Shareholder Return (TSR) relative to peer group.

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