Top 50 Lehman Brothers salaries in 2007
2 mins. to read
A year before the investment bank, Lehman Brothers, collapsed into bankruptcy in September 2008 under the leadership of Dick Fuld aka “The Gorilla”, the salaries of the top 50 employees were as follows. The list is topped by Robert Millard in the Global Trading Strategies unit, who received $51 million in total including $25 million cash. Millard is now managing partner of Realm Partners LLC, a New York-based hedge fund.
1. Millard, Robert B: $51,347,377 (MD, Global Trading Strategies)
2. Schwartz, Marvin C: $31,141,337 (MD, Asset Management)
3. Hoffman, Jonathan: $30,850,000 (MD, Trading – Global Rates)
4. Cassarini, John: $18,500,000 (SVP, Trading – US Proprietary)
5. Klein, Henry: $18,200,000 (MD, Global Trading Strategies)
6. Penkett, Paul Alexis: $18,000,000 (SVP Trading – Asia Proprietary)
7. Savoret, Benoit C: $18,000,000 (MD, Executive Administration)
8. Walsh, Mark A: $17,500,000 (MD, Fixed Income Administration)
9. Kirk, Alex: $17,000,000 (MD, Fixed Income Administration)
10. Glasebrook II, Richard J: $16,757,246 (MD, Asset Management)
11. Shafiroff, Martin: $16,495,404 (MD, Private Investment Management)
12. Bouzouba, Rachid: $15,000,000 (MD, Equities Administration)
13. Felder, Eric J: $15,000,000 (MD, Trading – High Grade)
14. Fee, Hyung S: $15,000,000 (MD, Fixed Income Administration)
15. Taussig, Andrew R: $14,085,000 (MD, Retail/Transportation Investment Banking)
16. Donini, Gerald A: $14,000,000 (MD, Equites Administration)
17. Whalen, Patrick J: $13,005,000 MD, Equites Administration)
18. Kramer, Jeremy R: $12,875,403 (MD, Asset Management)
19. Amin, Kaushik: $12,500,000 (MD, Fixed Income Administration)
20. Fuchs, Benjamin A: $12,500,000 (MD, Global Opportunities Group)
21. Morton, Andrew: $12,500,000 (MD, Fixed Income Administration)
22. Mumphrey, Thomas P: $12,500,000 (MD, Fixed Income Administration)
23. Banchetti, Riccardo: $12,000,000 (MD, Executive Administration)
24. Nagpal, Ajay: $12,000,000 (MD, Equities Administration)
25. Thorkeisson, Sigurbjorn: $12,000,000 (MD, Equities Administration)
26. Weiner, David: $11,922,906 (MD, Asset Management)
27. Duramel, Olivier: $11,700,000 (SVP, Quants – US Systemic Trading)
28. Schneider, Gregoire: $11,700,000 (SVP, Quants – US Systemic Trading)
29. Shafir, Mark G: $11,500,000 (MD, Global M&A Investment Banking)
30. Weiss, Jeffrey L: $11,500,000 (MD, Financial Services Investment Banking)
31. Jotwani, Tarun: $11,250,000 (MD, Executive Administration)
32. Wickham, John R: $11,250,000 (MD, Equities Administration)
33. L’Esperance, Ros: $11,000,000 (MD, Financial Sponsors Investment Banking)
34. Parkor, Paul G: $11,000,000 (MD, Global M&A Investment Banking)
35. Rieder, Rick: $11,000,000 (MD, Global Principal Strategies)
36. Wieseneck, Larry: $11,000,000 (MD, Global Finance Administration)
37. Dauhajre, Munir: $10,000,000 (MD, Equities Administration)
38. Gatto, Joseph D: $10,000,000 (MD, Global M&A Investment Banking)
39. Higgins, Kieran Noel: $10,000,000 (MD, Trading – Global Rates)
40. Hoffmeister, Perry C: $10,000,000 (MD, Investment Banking Administration)
41. Meissner, Christian Andrea: $10,000,000 (MD, Investment Banking Administration)
42. Psaki, Jeffrey: $10,000,000 (SVP, Trading – High Grade)
43. Pearson, Thomas M: $9,000,000 (MD, Origination – Real Estate)
44. Ramallo, Henry: $8,579,023 (MD, Asset Management)
45. Assi, Georges: $8,500,000 (MD, Tradlng – Collaterallzed Debt)
46. Corcoran, Joseph: $8,500,000 (MD, Equites Administration)
47. Jordan, Nicholas: $8,500,000 (MD, Equities Administration)
48. Bacha, Mohamed-Ali: $8,250,000 (SVP, Trading – Volatility)
49. Mattu, Ravi K: $8,250,000 (MD, Fixed Income Administration)
50. Brewer, Paul E: $8,250,000 (MD, Global Trading Strategies)
2. Schwartz, Marvin C: $31,141,337 (MD, Asset Management)
3. Hoffman, Jonathan: $30,850,000 (MD, Trading – Global Rates)
4. Cassarini, John: $18,500,000 (SVP, Trading – US Proprietary)
5. Klein, Henry: $18,200,000 (MD, Global Trading Strategies)
6. Penkett, Paul Alexis: $18,000,000 (SVP Trading – Asia Proprietary)
7. Savoret, Benoit C: $18,000,000 (MD, Executive Administration)
8. Walsh, Mark A: $17,500,000 (MD, Fixed Income Administration)
9. Kirk, Alex: $17,000,000 (MD, Fixed Income Administration)
10. Glasebrook II, Richard J: $16,757,246 (MD, Asset Management)
11. Shafiroff, Martin: $16,495,404 (MD, Private Investment Management)
12. Bouzouba, Rachid: $15,000,000 (MD, Equities Administration)
13. Felder, Eric J: $15,000,000 (MD, Trading – High Grade)
14. Fee, Hyung S: $15,000,000 (MD, Fixed Income Administration)
15. Taussig, Andrew R: $14,085,000 (MD, Retail/Transportation Investment Banking)
16. Donini, Gerald A: $14,000,000 (MD, Equites Administration)
17. Whalen, Patrick J: $13,005,000 MD, Equites Administration)
18. Kramer, Jeremy R: $12,875,403 (MD, Asset Management)
19. Amin, Kaushik: $12,500,000 (MD, Fixed Income Administration)
20. Fuchs, Benjamin A: $12,500,000 (MD, Global Opportunities Group)
21. Morton, Andrew: $12,500,000 (MD, Fixed Income Administration)
22. Mumphrey, Thomas P: $12,500,000 (MD, Fixed Income Administration)
23. Banchetti, Riccardo: $12,000,000 (MD, Executive Administration)
24. Nagpal, Ajay: $12,000,000 (MD, Equities Administration)
25. Thorkeisson, Sigurbjorn: $12,000,000 (MD, Equities Administration)
26. Weiner, David: $11,922,906 (MD, Asset Management)
27. Duramel, Olivier: $11,700,000 (SVP, Quants – US Systemic Trading)
28. Schneider, Gregoire: $11,700,000 (SVP, Quants – US Systemic Trading)
29. Shafir, Mark G: $11,500,000 (MD, Global M&A Investment Banking)
30. Weiss, Jeffrey L: $11,500,000 (MD, Financial Services Investment Banking)
31. Jotwani, Tarun: $11,250,000 (MD, Executive Administration)
32. Wickham, John R: $11,250,000 (MD, Equities Administration)
33. L’Esperance, Ros: $11,000,000 (MD, Financial Sponsors Investment Banking)
34. Parkor, Paul G: $11,000,000 (MD, Global M&A Investment Banking)
35. Rieder, Rick: $11,000,000 (MD, Global Principal Strategies)
36. Wieseneck, Larry: $11,000,000 (MD, Global Finance Administration)
37. Dauhajre, Munir: $10,000,000 (MD, Equities Administration)
38. Gatto, Joseph D: $10,000,000 (MD, Global M&A Investment Banking)
39. Higgins, Kieran Noel: $10,000,000 (MD, Trading – Global Rates)
40. Hoffmeister, Perry C: $10,000,000 (MD, Investment Banking Administration)
41. Meissner, Christian Andrea: $10,000,000 (MD, Investment Banking Administration)
42. Psaki, Jeffrey: $10,000,000 (SVP, Trading – High Grade)
43. Pearson, Thomas M: $9,000,000 (MD, Origination – Real Estate)
44. Ramallo, Henry: $8,579,023 (MD, Asset Management)
45. Assi, Georges: $8,500,000 (MD, Tradlng – Collaterallzed Debt)
46. Corcoran, Joseph: $8,500,000 (MD, Equites Administration)
47. Jordan, Nicholas: $8,500,000 (MD, Equities Administration)
48. Bacha, Mohamed-Ali: $8,250,000 (SVP, Trading – Volatility)
49. Mattu, Ravi K: $8,250,000 (MD, Fixed Income Administration)
50. Brewer, Paul E: $8,250,000 (MD, Global Trading Strategies)
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