In 2012, Ian M. Cumming earned $29.08M in total compensation at Jefferies Financial Group, including $783.22K salary and $27.55M bonus. Most recently acquired 63 shares in Dec 2012. Led Jefferies Financial Group as CEO for 11 years.
Compensation History
Annual executive compensation data for Ian M. Cumming, including salary, bonuses, and stock awards.
Year
2012
Total Compensation
$29.08M
Salary
$783.22K
Bonus
$27.55M
Other
$744.79K
Salary
$783.22KBoard Justification
The compensation philosophy emphasizes rewarding executives for performance and aligning their interests with those of shareholders, with a significant portion of compensation tied to company earnings and performance metrics.
Bonus
$27.55MBoard Justification
The bonus for 2012 was determined based on the company's performance and was the maximum awardable under the Bonus Plan, reflecting the company's strong earnings.
Other Compensation
$744.79KBoard Justification
Other compensation includes personal use of corporate aircraft, directors fees, contributions to the Deferred Compensation Plan, and life insurance premiums.
Restricted Stock
Board Justification
No stock grants were vested in 2012 as the options granted were not exercisable until 2014.
Performance Metrics
The performance metrics for determining the bonus included the company's audited consolidated pre-tax earnings.
Ian M. Cumming
Ex-CEO of Jefferies Financial Group
Education
N/A
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
July 12, 1945 - 80 years ago
CEO of Jefferies Financial Group for
11 years 10 months (Jan 2001 - Nov 2012)
Previous Experience
Chairman and Chief Executive Officer of Leucadia National Corporation
Other Jefferies Financial Group CEOs
Holdings
Track Ian M. Cumming's stock holdings and portfolio value over time.
Total Stock Sold
$480.59M
$96.00K
8,000 SKYW shares
$480.49M
20,845,718 MLI shares
What if they kept their stock?
If Ian M. Cumming didn't sell their stock, today they would have:
Extra SKYW8,000 shares worth $818.08K and MLI20,845,718 shares worth $2.36B.
This is 390.4% and $1.88B more than what they got when they sold the stock.
Insider Trading
Ian M. Cumming's recent stock transactions, purchases, and sales filed with the SEC.
Rivals
Compare Ian M. Cumming with competitor CEOs and industry peers.
David M. Solomon
CEO of Goldman Sachs Group
2024 Compensation
Stock
$23.70M
Salary
$2.00M
Bonus
$8.33M
Other
$1.13M
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$80.00M
John F. Woods
CEO of Citizens Financial Group
2023 Compensation
Stock
$150.00K
Salary
$950.00K
Bonus
$300.00K
Other
$100.00K
Total Holdings
$11.21M
Jim Cracchiolo
CEO of Ameriprise Financial
2023 Compensation
Stock
$0.00
Salary
$1.25M
Bonus
$8.38M
Other
$0.00
Total Holdings
$56.18M
John S. Weinberg
CEO of Evercore
2023 Compensation
Stock
$0.00
Salary
$500.00K
Bonus
$3.13M
Other
$0.00
Total Holdings
$159.01M
Ronald J. Kruszewski
CEO of Stifel Financial
2023 Compensation
Stock
$0.00
Salary
$200.00K
Bonus
$2.26M
Other
$822.06K
Total Holdings
$123.55M
Kenneth M. Jacobs
CEO of Lazard
2023 Compensation
Stock
$12.04M
Salary
$862.50K
Bonus
$1.87M
Other
$245.14K
Total Holdings
$298.41M