Medallion Financial: Pay

Medallion Financial paid its 5 named executives $11.7M in total in FY2024 (Dec). CEO Alvin Murstein was paid $2.6M of that.

Pay$100 in the stock at the end of FY21 → $285
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Andrew M. MursteinPresident, Chief Operating Officer, and Director
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
3 years
Alvin MursteinChairman, Chief Executive Officer, and Director
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
3 years
Donald S. PoultonChief Executive Officer and President of Medallion Bank
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
3 years
Anthony N. CutroneExecutive Vice President and Chief Financial Officer
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
3 years
D. Justin HaleyExecutive Vice President and Chief Financial Officer of Medallion Bank
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
3 years

CEO pay against the pay peers

In FY2024 (Dec), the median CEO pay of the 7 peers with pay on file was $4.9M. The CEO of Medallion Financial was paid $2.6M, 47% below the median.

  1. 1Bancorp
  2. 2Pra Group
  3. 3Metropolitan Bank Holding
  4. 4Regional Management
  5. 5LendingTree
  6. 6Medallion Financial
  7. 7Oportun Financial
  8. 8World Acceptance
  9. 9Arrow FinancialNot disclosed
  10. 10CURO Group Holdings Corp.Not disclosed
  11. 11Consumer Portfolio ServicesNot disclosed
  12. 12EzcorpNot disclosed
  13. 13Finwise BancorpNot disclosed
  14. 14MoneyLion Inc.Not disclosed
  15. 15Old Market Capital CorporationNot disclosed
  16. 16Willis Lease FinanceNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.