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Tag Archives: CEO

Which Banking CEO Came Out on Top?

Both Citigroup and Bank of America recently released the 2016 earnings for their CEOs—with one receiving a compensation cut, while the other saw a boost thanks to a profitable year.

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Altisource Residential CEO Stepping Down

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Altisource Residential Corporation recently announced in a press release that Ashish Pandey has decided to step down as CEO of the company, effective June 30, 2015. Pandey stated that he will purse personal interests in India following his departure from Altisource.

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Bank of America CEO Took Pay Cut in 2014

Moynihan was awarded $13 million in stock and cash last year, according to the bank’s proxy statement released Thursday. That was down from the $14 million he received in 2013. And again, the head of the firm’s investment bank, Thomas K. Montag, was paid more than his boss. Montag was awarded $14 million in compensation, down from $15.5 million in 2013.

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MGIC Hires Patrick Sinks as CEO

Sinks has served as President and COO since January 2006. Previously, Sinks served as EVP ¬of Field Operations from 2002. Sinks has also served as SVP of Controller and Chief Accounting Officer, and before that held a variety of positions within the accounting and finance Departments. Sinks earned his MBA from the University of Wisconsin – Milwaukee, and holds a Bachelor of Science degree in accounting from the University of Mary.

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