In 2017, Stanford L. Kurland earned $9.18M in total compensation at PennyMac Mortgage Investment Trust, including $1.00M salary, $4.25M bonus and $3.71M in stock. Most recently sold 31,000 shares in Jan 2021. Currently holds stock worth $18.39M. Has donated $10.85M in stock to charitable causes. Led PennyMac Mortgage Investment Trust as CEO for 7 years.
Compensation History
Annual executive compensation data for Stanford L. Kurland, including salary, bonuses, and stock awards.
Year
2017
Total Compensation
$9.18M
Salary
$1.00M
Bonus
$4.25M
Other
$218.06K
Salary
$1.00MBoard Justification
The compensation program aims to create a pay-for-performance culture that rewards executives for high company and individual performance, aligning their interests with those of stockholders.
Bonus
$4.25MBoard Justification
Annual performance-based cash bonuses based on the achievement of actual earnings per share and pretax income performance goals.
Other Compensation
$218.06KBoard Justification
Includes insurance premiums, gross-up payments for self-employment tax liabilities, and other benefits.
Restricted Stock
Board Justification
Performance-based RSUs that vested based on the achievement of target level performance as of December 31, 2017.
Performance Metrics
Annual performance-based cash bonuses are based on the achievement of actual earnings per share and pretax income performance goals.
Stanford L. Kurland
Founder and Ex-CEO of PennyMac Mortgage Investment Trust
Education
Bachelor's degree in Economics from California State University, Northridge
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Real Estate
Born
October 1, 1953 - 72 years ago
CEO of PennyMac Mortgage Investment Trust for
7 years 8 months (May 2009 - Jan 2017)
Previous Experience
Former President of Countrywide Financial Corporation
Other PennyMac Mortgage Investment Trust CEOs
Holdings
Track Stanford L. Kurland's stock holdings and portfolio value over time.
Total Stock Sold
$52.43M
$52.43M
1,352,832 PFSI shares
What if they kept their stock?
If Stanford L. Kurland didn't sell their stock, today they would have:
Extra PFSI1,352,832 shares worth $179.36M.
This is 242.11% and $126.93M more than what they got when they sold the stock.
Charitable Transactions
81,849 shares
PFSI
Recent Charitable Transactions
81,849 shares
PFSI
Apr 14, 2020
Charity
Insider Trading
Stanford L. Kurland's recent stock transactions, purchases, and sales filed with the SEC.
$1.88M
PFSI at $60.51/share
Jan 20, 2021
Sale
$1.85M
PFSI at $59.72/share
Jan 5, 2021
Sale
$2.10M
PFSI at $67.67/share
Dec 21, 2020
Sale
$1.84M
PFSI at $59.40/share
Dec 9, 2020
Sale
$1.77M
PFSI at $57.05/share
Nov 20, 2020
Sale
$1.67M
PFSI at $53.85/share
Nov 9, 2020
Sale
$1.64M
PFSI at $53.03/share
Oct 27, 2020
Sale
$2.06M
PFSI at $66.41/share
Oct 13, 2020
Sale
$1.76M
PFSI at $56.62/share
Sep 24, 2020
Sale
$1.66M
PFSI at $53.05/share
Sep 9, 2020
Sale
Rivals
Compare Stanford L. Kurland with competitor CEOs and industry peers.
Phillip J. Kardis II
CEO of Chimera Investment Corp.
2023 Compensation
Stock
$1.68M
Salary
$850.00K
Bonus
$0.00
Other
$19.80K
Total Holdings
$6.47M
Andrew J. Sossen
CEO of Starwood Property Trust
2023 Compensation
Stock
$608.18K
Salary
$425.00K
Bonus
$0.00
Other
$0.00
Total Holdings
$3.26M
Michael Nierenberg
CEO of Rithm Capital
2023 Compensation
Stock
$1.79M
Salary
$1.25M
Bonus
$10.00M
Other
$160.04K
Total Holdings
$3.45M
William Greenberg
CEO of Two Harbors Investment Corporation
2021 Compensation
Stock
$0.00
Salary
$829.12K
Bonus
$0.00
Other
$130.76K
Total Holdings
$4.53M