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Jay Farner
Executive Compensation
Data Year:
2022
2021
Trend Analysis
As Chief Executive Officer at Rocket Companies, Inc., Jay Farner made $9,468,874 in total compensation. Of this total $800,000 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $8,656,917 was awarded as stock and $11,957 came from other types of compensation. This information is according to proxy statements filed for the 2022 fiscal year.
Chief Executive Officer
Rocket Companies, Inc.
Fiscal Year Ended in 2022
View local and national averages for
salaries
The chart on this page features a breakdown of the total annual pay for Jay Farner, Chief Executive Officer at Rocket Companies, Inc. as reported in their proxy statements.
Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Rocket Companies, Inc. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Rocket Companies, 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.
Other Executives at this Company
- Angelo Vitale
- Julie Booth
- Bob Walters
- Tina V. John
- Brian Brown
Jay Farner
BASE PAY
$800,000
BONUS + INCENTIVE COMP
$0
TOTAL CASH COMPENSATION
$800,000
STOCK AWARD VALUE
$8,656,917
OPTION AWARD VALUE
$0
TOTAL EQUITY
$8,656,917
TOTAL OTHER
$11,957
TOTAL COMPENSATION
$9,468,874
CEO Pay Ratio
For its 2022 fiscal year, Rocket Companies, 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 |
|---|---|---|---|
| Jay Farner | CEO Pay $9,468,874 | Median Employee Pay $86,476 | CEO Pay Ratio 109:1 |
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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.
Use of Data / Disclaimer
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.
What is a proxy statement?
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.
