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The CEO Of Jefferies Wowed Wall Street With His Payday

Jan 29, 2013, 22:13 IST

Bloomberg TV reports that Jefferies awarded its CEO Richard Handler $58 million, including his 2012 compensation and future incentives.

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According to the firm's 10-K, Handler received $19 million in compensation for 2012. Goldman Sachs CEO Lloyd Blankfein took home $21 million.

To break it down, his base salary was $1 million, his bonus was $5,000,000 and he got a non-equity incentive compensation of $12.9 million, the filing shows.

Handler will also get $39 million in stock grants differed over three years, Bloomberg TV pointed out.

Last year, Handler took home $14 million in compensation for 2011. He chose not to take a bonus for 2011, according to Bloomberg News.

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In November 2012, Leucadia National said it would buy Jefferies. Handler will stay on as CEO.

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