Post 200: Top D.C.-Area Businesses

Thomas J. Fitzpatrick / 2008 Executive Compensation Report

Title: Former Chief Executive Officer
Company: Sallie Mae
Industry: Financial Services
Category: Public Companies

2008 Compensation Details

Total Compensation $8,095,761
Salary $320,192
Bonus $945,000
Stock Awards $454,100
Option Awards $2,299,770
Change in Pension Value $715,945
Other Compensation $3,360,754

Equity Gains & Retirement Plans

Gains from options exercised $17,730,190
Gains from stock vested $13,047,703
Pension balance $3,418,780

Other Executives at This Company

Charles Elliott Andrews
President

Salary: $629,711
June M. McCormack
Former Executive Vice President
$5,232,326
Salary: $424,038
[Photo] Thomas J. Fitzpatrick
Former Chief Executive Officer

Salary: $320,192

More: Executives by Salary | Executives by Total Compensation

EXECUTIVE NAME: Mr. Fitzpatrick left the CEO position and the Company on May 22, 2007. OTHER: Includes severance. NQDC BALANCE: Mr. Fitzpatrick withdrew his balance of $20,851,857 prior to the fiscal year end.

Company Performance

2008 Revenue $9,171,131,000
Net income $-896,394,000

Source: Compensation data provided by Equilar, Inc..

© The Washington Post Company