The charts on this page feature a breakdown of the total annual pay for the top executives at LEGG MASON INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. LEGG MASON INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. LEGG MASON INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Joseph A. Sullivan
Chief Executive Officer
Total Cash $2,990,000 Equity $5,246,904 Other $483,083 Total Compensation $8,719,987
Peter H. Nachtwey
Chief Financial Officer
Total Cash $1,756,250 Equity $1,556,076 Other $108,622 Total Compensation $3,420,948
Terence Johnson
Executive Vice President
Total Cash $1,486,845 Equity $1,251,298 Other $89,632 Total Compensation $2,827,775
Thomas C. Merchant
General Counsel
Total Cash $1,160,000 Equity $882,192 Other $72,142 Total Compensation $2,114,334
Thomas K. Hoops
Executive Vice President
Total Cash $263,826 Equity $4,189,937 Other $2,657,246 Total Compensation $7,111,009
Frances L. Cashman
Executive Vice President
Total Cash $263,826 Equity $2,855,179 Other $2,174,737 Total Compensation $5,293,742
Patricia Lattin
Chief Human Resources Officer
Total Cash $766,250 Equity $437,226 Other $42,387 Total Compensation $1,245,863
For its 2020 fiscal year, LEGG MASON INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Joseph A. Sullivan CEO Pay $8,719,987 Median Employee Pay $180,500 CEO Pay Ratio 48:1
For its 2019 fiscal year, LEGG MASON INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Alison A. Quirk Total Cash $212,008
Barry W. Huff Total Cash $237,502
Carol Anthony "John" Davidson Total Cash $242,583
John V. Murphy Total Cash $250,002
Kurt L. Schmoke Total Cash $268,928
Margaret Milner Richardson Total Cash $253,074
Michelle J. Goldberg Total Cash $222,398
Robert E. Angelica Total Cash $229,008
W. Allen Reed Total Cash $224,002

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.