Jay Bray is the CEO of Mr. Cooper Group, a leading player in the mortgage servicing industry. He has over 30 years of experience in finance, and he's been instrumental in transforming the company into the largest non-bank servicer of...

Number of Employees

6.8K

Year

2023

Total Compensation

$36.04M

Salary

$1.00M

Board Justification

The compensation philosophy aligns executive pay with performance, emphasizing long-term value creation and retention of key executives.

Bonus

$4.63M

Board Justification

Annual cash incentive based on performance metrics for the fiscal year 2023, paid in the first quarter of 2024.

Other

$17.19K

Board Justification

Includes contributions to 401(k) plan and other benefits.

Restricted Stock

$30.40M(651.19K RSU)

Board Justification

Restricted stock units that vested in 2023, based on performance and time-based vesting schedules.

Performance Metrics

Key performance metrics included Adjusted EBT, Tangible Book Value, and Relative TSR.

SEC Filing

From April 11, 2024

Jay Bray

CEO of Mr. Cooper Group Inc.

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Education

Bachelor's degree in Business Administration from the University of Texas at Arlington.

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1968 - 57 years ago

Is Founder?

No

Current Tenure

6 years 1 month (Dec 2018 - Present)

Previous Experience

Various leadership roles in the mortgage industry, including at Nationstar Mortgage.