Sundar PichaiSundar Pichai earned $164M in 2023
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Brett L. Pharr

CEO of Pathward Financial, Inc.

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1962 - 63 years ago

Economy Sector

Financial Services

Current Tenure

3 years 4 months (Oct 2021 - Present)

Previous Experience

Co-President and Chief Operating Officer of MetaBank since June 2020; Executive Vice President and Group Head of Governance, Risk and Compliance from February 2019 to June 2020.

Brett L. Pharr is the CEO of Pathward Financial, Inc., a role he has held since October 2021 after serving as Co-President and Chief Operating Officer. He has a strong background in finance and risk management, having worked in various...

Year

2023

Total Compensation

$2.53M

Salary

$700.00K

Board Justification

The compensation philosophy is designed to align executive pay with company performance, focusing on attracting, retaining, and motivating top talent while ensuring that a significant portion of pay is performance-based.

Bonus

$948.00K

Board Justification

The annual incentive award was based on the company's performance metrics, achieving 136% of target for financial measures and 135% for individual performance assessments.

Other

$136.32K

Board Justification

This includes contributions to the Nonqualified Deferred Compensation Plan, 401(k) matching contributions, dividends on unvested restricted stock, and a remote employee stipend.

Restricted Stock

$742.75K(17.27K RSU)

Board Justification

The stock awards that vested in 2023 were performance-contingent restricted stock awards, which vested based on the achievement of minimum capital goals.

Performance Metrics

The performance metrics for determining the CEO's compensation included net income, return on assets, and strategic/individual performance goals.