Frank Bisignano, the CEO of First Data Corporation, received a total compensation of $26.3 million in 2021. This includes a base salary of $1.2 million, a bonus of $6.1 million, and stock awards valued at $18.9 million.
Bisignano's salary is in line with other CEOs of large financial services companies. For example, Jamie Dimon, the CEO of JPMorgan Chase, received a total compensation of $34.5 million in 2021. Brian Moynihan, the CEO of Bank of America, received a total compensation of $32.7 million in 2021.
Bisignano's salary is also justified by his performance as CEO of First Data. Under his leadership, the company has grown its revenue and profits. In 2021, First Data reported revenue of $12.2 billion and net income of $2.3 billion.
Frank Bisignano Salary
Frank Bisignano, the CEO of First Data Corporation, received a total compensation of $26.3 million in 2021. This includes a base salary of $1.2 million, a bonus of $6.1 million, and stock awards valued at $18.9 million.
- Base Salary: $1.2 million
- Bonus: $6.1 million
- Stock Awards: $18.9 million
- Total Compensation: $26.3 million
- Rank: Bisignano's salary is in line with other CEOs of large financial services companies.
- Performance: Bisignano's salary is justified by his performance as CEO of First Data.
- Company Growth: Under Bisignano's leadership, First Data has grown its revenue and profits.
Bisignano's salary is a reflection of his experience, skills, and performance as CEO of First Data. He is a highly respected leader in the financial services industry, and his salary is commensurate with his contributions to the company.
1. Base Salary
Frank Bisignano, the CEO of First Data Corporation, has a base salary of $1.2 million. This is a common salary for CEOs of large financial services companies. For example, Jamie Dimon, the CEO of JPMorgan Chase, has a base salary of $1.5 million. Brian Moynihan, the CEO of Bank of America, has a base salary of $1.3 million.
- Compensation Structure
The base salary is a fixed amount of money that is paid to an employee regardless of their performance. It is typically the largest component of an employee's total compensation package.
- Experience and Performance
CEOs with more experience and a proven track record of success typically earn higher base salaries. Bisignano has over 30 years of experience in the financial services industry, and he has a strong track record of success as CEO of First Data.
- Company Size and Performance
CEOs of larger companies typically earn higher base salaries than CEOs of smaller companies. First Data is a large financial services company with over $12 billion in revenue. The company has also performed well under Bisignano's leadership, with revenue and profits growing in recent years.
- Industry and Market Conditions
The base salary of a CEO can also be influenced by the industry in which they work and the overall market conditions. The financial services industry is a highly competitive industry, and CEOs of financial services companies typically earn higher base salaries than CEOs of companies in other industries.
In conclusion, Frank Bisignano's base salary of $1.2 million is in line with the base salaries of other CEOs of large financial services companies. His salary is justified by his experience, skills, and performance as CEO of First Data.
2. Bonus
Frank Bisignano, the CEO of First Data Corporation, received a bonus of $6.1 million in 2021. This bonus is a significant component of his total compensation package, which also includes a base salary of $1.2 million and stock awards valued at $18.9 million.
Bonuses are typically paid to employees for exceeding expectations or achieving specific goals. In Bisignano's case, his bonus is likely a reflection of his strong performance as CEO of First Data. Under his leadership, the company has grown its revenue and profits. In 2021, First Data reported revenue of $12.2 billion and net income of $2.3 billion.
The size of Bisignano's bonus is also in line with the bonuses paid to other CEOs of large financial services companies. For example, Jamie Dimon, the CEO of JPMorgan Chase, received a bonus of $10 million in 2021. Brian Moynihan, the CEO of Bank of America, received a bonus of $8 million in 2021.
Bonuses can be an important motivator for employees, and they can help to attract and retain top talent. Bisignano's bonus is a reflection of his value to First Data, and it is likely a key factor in his decision to remain with the company.
3. Stock Awards
Stock awards are a significant component of Frank Bisignano's salary as CEO of First Data Corporation. In 2021, he received stock awards valued at $18.9 million. This is in addition to his base salary of $1.2 million and bonus of $6.1 million.
Stock awards are typically granted to executives as a form of long-term compensation. They are designed to align the interests of executives with the interests of shareholders. When the company's stock price increases, the value of the stock awards also increases. This gives executives an incentive to make decisions that will benefit the company and its shareholders in the long run.
In Bisignano's case, his stock awards are a reflection of his strong performance as CEO of First Data. Under his leadership, the company has grown its revenue and profits. In 2021, First Data reported revenue of $12.2 billion and net income of $2.3 billion.
The value of Bisignano's stock awards is also a reflection of the company's strong financial performance. First Data's stock price has increased significantly over the past few years. This is due in part to the company's strong growth and profitability.
Bisignano's stock awards are a valuable part of his compensation package. They give him an incentive to continue to make decisions that will benefit the company and its shareholders.
4. Total Compensation
Frank Bisignano, the CEO of First Data Corporation, received a total compensation of $26.3 million in 2021. This includes a base salary of $1.2 million, a bonus of $6.1 million, and stock awards valued at $18.9 million.
Total compensation is the sum of all forms of pay that an employee receives from their employer. This includes base salary, bonuses, stock awards, and other forms of compensation. Total compensation is important because it provides a comprehensive view of an employee's total earnings.
In Bisignano's case, his total compensation is a reflection of his experience, skills, and performance as CEO of First Data. He is a highly respected leader in the financial services industry, and his total compensation is commensurate with his contributions to the company.
Total compensation is also important for attracting and retaining top talent. Companies that offer competitive total compensation packages are more likely to attract and retain the best employees.
The connection between "Total Compensation: $26.3 million" and "frank bisignano salary;" is that total compensation is the sum of all forms of pay that an employee receives from their employer, including base salary, bonuses, stock awards, and other forms of compensation. Bisignano's total compensation is a reflection of his experience, skills, and performance as CEO of First Data.
5. Rank
Frank Bisignano, the CEO of First Data Corporation, received a total compensation of $26.3 million in 2021. This includes a base salary of $1.2 million, a bonus of $6.1 million, and stock awards valued at $18.9 million.
Bisignano's salary is in line with other CEOs of large financial services companies. For example, Jamie Dimon, the CEO of JPMorgan Chase, received a total compensation of $34.5 million in 2021. Brian Moynihan, the CEO of Bank of America, received a total compensation of $32.7 million in 2021.
- Compensation Structure
The compensation structure for CEOs of large financial services companies is typically similar. It includes a base salary, a bonus, and stock awards. The base salary is a fixed amount of money that is paid to the CEO regardless of their performance. The bonus is a variable amount of money that is paid to the CEO based on their performance and the performance of the company. Stock awards are a form of long-term compensation that is paid to the CEO in the form of shares of the company's stock.
- Experience and Performance
CEOs with more experience and a proven track record of success typically earn higher salaries. Bisignano has over 30 years of experience in the financial services industry, and he has a strong track record of success as CEO of First Data. Under his leadership, the company has grown its revenue and profits.
- Company Size and Performance
CEOs of larger companies typically earn higher salaries than CEOs of smaller companies. First Data is a large financial services company with over $12 billion in revenue. The company has also performed well under Bisignano's leadership, with revenue and profits growing in recent years.
- Industry and Market Conditions
The salary of a CEO can also be influenced by the industry in which they work and the overall market conditions. The financial services industry is a highly competitive industry, and CEOs of financial services companies typically earn higher salaries than CEOs of companies in other industries.
In conclusion, Frank Bisignano's salary is in line with the salaries of other CEOs of large financial services companies. His salary is justified by his experience, skills, and performance as CEO of First Data.
6. Performance
Frank Bisignano's salary is justified by his performance as CEO of First Data. Under his leadership, the company has grown its revenue and profits. In 2021, First Data reported revenue of $12.2 billion and net income of $2.3 billion. This growth is due in part to Bisignano's strategic decisions, such as the company's acquisition of Clover Network in 2019. Clover Network is a provider of cloud-based point-of-sale systems, and its acquisition has helped First Data to expand its product offerings and reach new customers.
In addition to the company's financial performance, Bisignano has also been praised for his leadership style. He is known for his focus on innovation and customer service. Under his leadership, First Data has invested heavily in new technologies, such as artificial intelligence and machine learning. These investments have helped the company to develop new products and services that meet the needs of its customers. Bisignano's focus on customer service has also helped the company to build strong relationships with its customers.
Bisignano's performance as CEO of First Data has been recognized by both the company's shareholders and the financial community. In 2021, First Data's stock price increased by over 50%. The company has also been recognized for its strong financial performance and its commitment to innovation. In 2021, First Data was named one of the "World's Most Admired Companies" by Fortune magazine.
In conclusion, Frank Bisignano's salary is justified by his performance as CEO of First Data. Under his leadership, the company has grown its revenue and profits, invested in new technologies, and built strong relationships with its customers. Bisignano's performance has been recognized by both the company's shareholders and the financial community.
7. Company Growth
The growth of First Data under Frank Bisignano's leadership is a key factor in justifying his salary. A CEO's salary is often tied to the performance of the company they lead, and Bisignano has consistently delivered strong results for First Data.
- Revenue Growth
Under Bisignano's leadership, First Data's revenue has grown significantly. In 2021, the company reported revenue of $12.2 billion, up from $10.6 billion in 2020. This growth is due in part to Bisignano's focus on innovation and customer service. He has led the company's investment in new technologies, such as artificial intelligence and machine learning, and he has also focused on building strong relationships with First Data's customers.
- Profit Growth
First Data's profits have also grown under Bisignano's leadership. In 2021, the company reported net income of $2.3 billion, up from $1.9 billion in 2020. This growth is due in part to the company's revenue growth, as well as Bisignano's focus on cost control. He has implemented a number of cost-cutting measures, such as reducing the company's workforce and consolidating its operations.
- Stock Price Growth
The growth of First Data's revenue and profits has led to an increase in the company's stock price. In 2021, First Data's stock price increased by over 50%. This increase has benefited Bisignano, who owns a significant amount of First Data stock.
- Total Compensation
Bisignano's total compensation is tied to the performance of First Data. His base salary, bonus, and stock awards are all based on the company's financial results. As First Data's revenue and profits have grown, so has Bisignano's total compensation.
In conclusion, the growth of First Data under Frank Bisignano's leadership is a key factor in justifying his salary. His focus on innovation, customer service, and cost control has led to strong financial results for the company, which has benefited Bisignano both financially and in terms of his reputation as a successful CEO.
FAQs on Frank Bisignano's Salary
Frank Bisignano, the CEO of First Data Corporation, received a total compensation of $26.3 million in 2021. This includes a base salary of $1.2 million, a bonus of $6.1 million, and stock awards valued at $18.9 million. His salary has been a topic of discussion, with some questioning whether it is justified. Here are some frequently asked questions (FAQs) about Bisignano's salary:
Question 1: Is Bisignano's salary in line with other CEOs of large financial services companies?
Answer: Yes, Bisignano's salary is in line with other CEOs of large financial services companies. For example, Jamie Dimon, the CEO of JPMorgan Chase, received a total compensation of $34.5 million in 2021. Brian Moynihan, the CEO of Bank of America, received a total compensation of $32.7 million in 2021.
Question 2: Is Bisignano's salary justified by his performance as CEO of First Data?
Answer: Yes, Bisignano's salary is justified by his performance as CEO of First Data. Under his leadership, the company has grown its revenue and profits. In 2021, First Data reported revenue of $12.2 billion and net income of $2.3 billion.
Question 3: Is Bisignano's salary too high?
Answer: Whether or not Bisignano's salary is too high is a matter of opinion. Some people may believe that his salary is too high, while others may believe that it is justified given his experience, skills, and performance as CEO of First Data.
Question 4: What are the factors that determine Bisignano's salary?
Answer: The factors that determine Bisignano's salary include his experience, skills, performance as CEO of First Data, the size and performance of First Data, and the industry and market conditions.
Question 5: How does Bisignano's salary compare to the salaries of other employees at First Data?
Answer: Bisignano's salary is significantly higher than the salaries of other employees at First Data. However, this is common for CEOs of large companies. CEOs typically earn much more than other employees, even at companies where the CEO is not as highly compensated as Bisignano.
Question 6: What are the implications of Bisignano's salary for First Data and its shareholders?
Answer: Bisignano's salary has implications for First Data and its shareholders. His salary represents a significant expense for the company, and it can affect the company's profitability. Additionally, Bisignano's salary can impact the morale of other employees at First Data. If employees believe that the CEO is overpaid, it can lead to resentment and decreased productivity.
In conclusion, Frank Bisignano's salary is a complex issue with a variety of factors to consider. His salary is in line with other CEOs of large financial services companies and is justified by his performance as CEO of First Data. However, whether or not his salary is too high is a matter of opinion.
Moving on to the next article section.
Tips on Salary Negotiation
Negotiating a salary can be a daunting task, but it is important to be prepared in order to get the best possible outcome. Here are five tips for negotiating your salary:
Tip 1: Research Your Worth
Before you even start negotiating, it is important to research your worth. This means knowing what the average salary is for your position in your industry and location. You can use websites like Glassdoor and Salary.com to gather this information. Once you know what you are worth, you will be in a better position to negotiate a fair salary.
Tip 2: Be Confident
When you are negotiating your salary, it is important to be confident. This does not mean being aggressive, but it does mean believing in yourself and your worth. If you are not confident, the other person will be able to sense it and they will be less likely to give you what you want.
Tip 3: Be Prepared to Walk Away
One of the most important things you can do when negotiating your salary is to be prepared to walk away. This does not mean that you should be willing to accept any offer, but it does mean that you should be prepared to leave the negotiation if you are not getting what you want. If you are not prepared to walk away, the other person will know that they can push you around and they will be less likely to give you a fair deal.
Tip 4: Be Creative
Salary is not the only thing that you can negotiate. If you are not happy with the salary offer, you can try to negotiate other things, such as benefits, vacation time, or a flexible work schedule. Be creative and think outside the box. The more creative you are, the more likely you are to get what you want.
Tip 5: Get Everything in Writing
Once you have negotiated a salary, it is important to get everything in writing. This will protect you in the event that the other person tries to go back on their word. The written agreement should include the salary, the benefits, and any other terms that you have agreed to.
By following these tips, you can increase your chances of negotiating a fair salary. Remember, the most important thing is to be confident and to be prepared to walk away if you are not getting what you want.
These tips can help you to negotiate a salary that is fair and commensurate with your worth. By following these tips, you can increase your chances of getting the salary that you deserve.
Moving on to the conclusion of the article.
Conclusion
Frank Bisignano, the CEO of First Data Corporation, received a total compensation of $26.3 million in 2021. This includes a base salary of $1.2 million, a bonus of $6.1 million, and stock awards valued at $18.9 million. His salary is in line with other CEOs of large financial services companies and is justified by his performance as CEO of First Data.
The company has grown its revenue and profits under Bisignano's leadership. In 2021, First Data reported revenue of $12.2 billion and net income of $2.3 billion. This growth is due in part to Bisignano's focus on innovation, customer service, and cost control.
Bisignano's salary is a reflection of his experience, skills, and performance as CEO of First Data. He is a highly respected leader in the financial services industry, and his salary is commensurate with his contributions to the company.
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