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

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. POPULAR INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. POPULAR 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
Carlos J. Vázquez
Executive Vice President and Chief Financial Officer
Total Cash $1,368,587 Equity $631,998 Other $23,610 Total Compensation $2,024,195
Ignacio Alvarez
President and Chief Executive Officer
Total Cash $2,643,823 Equity $3,081,501 Other $43,120 Total Compensation $5,768,444
Javier D. Ferrer
Executive Vice President, Chief Operating Officer and Head of Business Strategy
Total Cash $1,436,560 Equity $1,134,107 Other $15,774 Total Compensation $2,586,441
Lidio V. Soriano
Executive Vice President and Chief Risk Officer
Total Cash $1,043,419 Equity $486,157 Other $22,868 Total Compensation $1,552,444
Manuel Chinea
Executive Vice President and Chief Operating Officer Popular Bank
Total Cash $944,371 Equity $464,082 Other $47,725 Total Compensation $1,456,178
For its 2023 fiscal year, POPULAR 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
Ignacio Alvarez CEO Pay $5,768,783 Median Employee Pay $49,113 CEO Pay Ratio 117:1
For its 2023 fiscal year, POPULAR INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Alejandro M. Ballester Total Cash $244,165
Alejandro M. Sánchez Total Cash $200,000
Betty DeVita Total Cash $209,748
C. Kim Goodwin Total Cash $254,165
Carlos A. Unanue Total Cash $238,588
Joaquín E. Bacardí, III Total Cash $224,165
John W. Diercksen Total Cash $302,154
José R. Rodríguez Total Cash $215,425
María Luisa Ferré Total Cash $244,165
Myrna M. Soto Total Cash $234,821
Richard L. Carrión Total Cash $373,367
Robert Carrady Total Cash $238,588

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.