Sundar PichaiSundar Pichai earned $164M in 2023

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...

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Jay Bray

CEO of Mr. Cooper Group Inc.

Education

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

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1968 - 57 years ago

CEO of Mr. Cooper Group Inc. for

6 years 3 months (Dec 2018 - Present)

Previous Experience

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

Holdings

See how much did Jay Bray make over time.

Jay Bray has a substantial stake in Mr. Cooper Group that has seen significant fluctuation. In December 2023, his holdings were valued at around $85 million, marking a peak following strategic acquisitions. Notably, in 2020, his holdings value had dipped...

Mar 18, 2025

Total Stock Sold

$46.37M

COOP

$46.37M

852,000 COOP shares

What if they kept their stock?

If Jay Bray didn't sell their stock, today they would have:
Extra COOP852,000 shares worth $7.11M.
This is -84.67% and $39.26M less than what they got when they sold the stock.

Charitable Transactions

COOP

846,221 shares

COOP

Recent Charitable Transactions

COOP

6,420 shares

COOP

Feb 29, 2024

Charity

COOP

1,770 shares

COOP

Aug 22, 2023

Charity

COOP

2,050 shares

COOP

Jun 9, 2023

Charity

COOP

6,500 shares

COOP

Mar 8, 2023

Charity

COOP

2,920 shares

COOP

Dec 28, 2022

Charity

COOP

2,250 shares

COOP

Aug 22, 2022

Charity

Insider Trading

See recent insider trades of Jay Bray.

COOP

$2.31M

COOP at $92.57/share

Aug 29, 2024

Sale

COOP

$2.30M

COOP at $92.12/share

Jul 29, 2024

Sale

COOP

$2.02M

COOP at $80.93/share

Jun 28, 2024

Sale

COOP

$2.04M

COOP at $81.42/share

May 29, 2024

Sale

COOP

$1.97M

COOP at $78.79/share

Apr 29, 2024

Sale

COOP

$1.95M

COOP at $78.09/share

Mar 28, 2024

Sale

COOP

50,856 shares

COOP

Feb 29, 2024

Received

COOP

6,420 shares

COOP

Feb 29, 2024

Charity

COOP

$1.79M

COOP at $71.61/share

Feb 29, 2024

Sale

COOP

$1.69M

COOP at $67.56/share

Jan 29, 2024

Sale

Compensation History

See how much did Jay Bray make over time.

In 2023, Jay Bray's total compensation reached approximately $30 million. His pay came from a combination of base salary, a performance-based bonus, and vested stock units, with the vast majority linked to the company's success. He earned a base salary of $1 million and a bonus of around $4.6 million based on the company's financial metrics. His stock awards, which vested in 2023, had a total value of about $30.4 million. This structure not only incentivizes him to focus on the long-term growth of the company but also aligns his interests with shareholders. His compensation package reflects a careful balance between rewarding performance while ensuring that a significant portion remains at risk, contingent on meeting specific business goals.

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.

Other Mr. Cooper Group Inc. CEOs

Here are other CEOs of Mr. Cooper Group Inc.