Sundar PichaiSundar Pichai earned $164M in 2023

Steven P. Weber is the Executive Vice President and Chief Financial Officer of Fair Isaac Corporation, a role he stepped into on May 15, 2023. Before his promotion, he was Vice President and Interim CFO, a position he held since...

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Steven P. Weber

CEO of Fair Isaac

Education

Bachelor's degree in Business Administration

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

Born

January 1, 1963 - 62 years ago

CEO of Fair Isaac for

1 year 10 months (May 2023 - Present)

Previous Experience

Vice President of Investor Relations, Tax and Treasury at Fair Isaac Corporation

Holdings

See how much did Steven P. Weber make over time.

Steven P. Weber's insider trading activity illustrates a strong belief in Fair Isaac's performance. Between 2019 and 2023, he made multiple trades, with the highest value of his holdings peaking at $8.89 million in April 2023. Following that peak, his...

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Total Stock Sold

$5.67M

FICO

$5.67M

4,263 FICO shares

What if they kept their stock?

If Steven P. Weber didn't sell their stock, today they would have:
Extra FICO4,263 shares worth $1.27M.
This is -77.62% and $4.40M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Steven P. Weber.

FICO

$273.05K

FICO at $1.96K/share

Jan 9, 2025

Sale

FICO

$3.12M

FICO at $1.74K/share

Aug 9, 2024

Sale

FICO

$157.71K

FICO at $1.16K/share

Jan 9, 2024

Sale

FICO

$2.34M

FICO at $1.01K/share

Nov 13, 2023

Sale

FICO

$13.80K

FICO at $575.78/share

May 15, 2023

Received

Compensation History

See how much did Steven P. Weber make over time.

In 2023, Steven P. Weber's total compensation was about $1.8 million, primarily driven by a base salary of $750,000 and a substantial performance-based bonus of $1.2 million linked to the company's specific financial goals. This structured pay package aligns his interests with the company’s success, making a significant portion of his earnings contingent upon meeting performance metrics. Additionally, he received around $56,630 in other compensations, which encompassed benefits like retirement plan matching and insurance premiums. This compensation lays the groundwork for Weber to focus on initiatives that drive Fair Isaac's success and shareholder value.

Year

2023

Total Compensation

$2.01M

Salary

$750.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and stockholder interests, with a significant portion of total compensation linked to long-term incentives.

Bonus

$1.20M

Board Justification

The bonus is based on the company's performance against measurable financial goals and individual performance, with a target payout equal to 100% of base salary.

Other

$56.63K

Board Justification

Includes 401(k) match, life insurance premiums, spousal travel, tax gross-up, and other compensation.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2023 as the focus is on performance-based equity awards that vest over time.

Performance Metrics

Performance metrics include Adjusted Revenue and Adjusted EBITDA, with the Company Performance Factor for fiscal 2023 set at 125%.

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