In 2013, Albert L. Lord earned $18.83M in total compensation at SLM, including $434.62K salary and $2.70M in stock. Most recently sold 20,000 shares in May 2013. Currently holds stock worth $25.78M. Led SLM as CEO for 5 years.
Compensation History
Annual executive compensation data for Albert L. Lord, including salary, bonuses, and stock awards.
Year
2013
Total Compensation
$18.83M
Salary
$434.62K
Bonus
$0.00
Other
$15.70M
Salary
$434.62KBoard Justification
The company emphasizes pay for performance and aligns executive compensation with company performance and shareholder interests.
Bonus
$0.00Board Justification
No bonus payments were made under the Management Incentive Plan for 2013 due to his departure from the Company.
Other Compensation
$15.70MBoard Justification
Includes severance payments and other compensation related to his retirement.
Restricted Stock
Board Justification
Performance Stock Units granted in 2013 that are subject to performance-based vesting conditions, which remain outstanding.
Performance Metrics
Performance metrics included earnings per share, loan originations, operating expense reductions, and improvement in loan delinquency rates.
Albert L. Lord
Ex-CEO of SLM
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1951 - 74 years ago
CEO of SLM for
5 years 5 months (Dec 2007 - May 2013)
Previous Experience
Vice Chairman and CEO of SLM Corporation, various executive positions with the Student Loan Marketing Association
Other SLM CEOs
Holdings
Track Albert L. Lord's stock holdings and portfolio value over time.
Total Stock Sold
$1.59M
$1.59M
223,840 SLM shares
What if they kept their stock?
If Albert L. Lord didn't sell their stock, today they would have:
Extra SLM223,840 shares worth $6.13M.
This is 284.81% and $4.53M more than what they got when they sold the stock.
Insider Trading
Albert L. Lord's recent stock transactions, purchases, and sales filed with the SEC.
$411.40K
SLM at $20.57/share
May 1, 2013
Sale
$408.13K
SLM at $20.41/share
Apr 1, 2013
Sale
$376.60K
SLM at $18.83/share
Mar 1, 2013
Sale
$379.00K
SLM at $18.95/share
Feb 19, 2013
Sale
200,155 shares
SLM
Feb 7, 2013
Received
244,943 shares
SLM
Feb 3, 2012
Received
244,943 shares
SLM
Feb 3, 2012
Received
$1.37M
SLM at $13.70/share
Nov 2, 2011
Purchase
Rivals
Compare Albert L. Lord with competitor CEOs and industry peers.
Timothy S. Crane
CEO of Wintrust Financial
2023 Compensation
Stock
$276.30K
Salary
$1.00M
Bonus
$1.14M
Other
$33.85K
Total Holdings
$10.29M
David L. Yowan
CEO of Navient
2023 Compensation
Stock
$1.60M
Salary
$800.00K
Bonus
$729.83K
Other
$6.26K
Total Holdings
$15.24M
Vincent J. Delie, Jr.
CEO of F.N.B. Corporation
2023 Compensation
Stock
$11.00M
Salary
$1.19M
Bonus
$0.00
Other
$649.18K
Total Holdings
$24.28M
Brian Doubles
CEO of Synchrony Financial
2023 Compensation
Stock
$0.00
Salary
$1.15M
Bonus
$3.87M
Other
$613.41K
Total Holdings
$42.94M