Sundar PichaiSundar Pichai earned $164M in 2023
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Stewart Zimmerman

Ex-CEO of MFA Financial

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1944 - 81 years ago

Economy Sector

Real Estate

Tenure

16 years 11 months (Jan 1997 - Dec 2013)

Previous Experience

Chairman of the Board since 2003

Stewart Zimmerman was the CEO of MFA Financial, a real estate investment trust, from 1997 until his retirement on December 31, 2013. During his tenure, he led the company through significant changes and played a key role in its investment...

Year

2013

Total Compensation

$2.48M

Salary

$900.00K

Board Justification

The compensation philosophy emphasizes alignment with stockholder interests and performance-based incentives.

Bonus

$1.20M

Board Justification

Annual performance-based bonus based on achievement of specified ROAE targets, paid entirely in cash due to retirement.

Other

$272.70K

Board Justification

Includes employer matching contributions under the 401(k) Plan and dividend equivalents paid on vested stock options.

Restricted Stock

$103.33K(12.33K Restricted Shares)

Board Justification

Restricted Shares granted as part of annual base salary, fully vested at grant.

Performance Metrics

Performance metrics include return on average equity (ROAE) targets.