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Executive Profile*

William Charles Erbey

Executive Chairman and Chairman of Executive Committee, Ocwen Financial Corp.
AgeTotal Calculated CompensationThis person is connected to 26 board members in 7 different organizations across 7 different industries.

See Board Relationships
63$19,621,886
As of Fiscal Year 2012

Background*

Mr. William Charles Erbey is the Founder of Home Loan Servicing Solutions, Ltd. Mr. Erbey served as the President of Investors Mortgage Insurance Holding Company. He served as the Chief Executive Officer of Ocwen Financial Corp. (“OFC“) since January 1988 to October 28, 2010. Mr. Erbey served as the Chief Executive Officer of Ocwen Federal Bank FSB, a subsidiary of Ocwen Financial Corp., since June 1990. He served as the Chief Investment Officer of Ocwen Financial Corp. ...

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Corporate Headquarters*

2002 Summit Boulevard
Atlanta, Georgia 30319

United States

Phone: 561-682-8000
Fax: --

Board Members Memberships*

Chairman, Chief Executive Officer, Treasurer, Chairman of the Board of Ocwen Financial Corporation, Chairman of the Board of Ocwen Federal Bank Fsb, Chief Executive Officer of Ocwen Federal Bank FSB, Chief Executive Officer of Ocwen Financial Corporation ("ofc"), President of Ocwen Federal Bank FSB, President of Ocwen Financial Corporation ("ofc"), Director of Ocwen Financial Corporation and Director of Ocwen Federal Bank Fsb
Chairman and Chief Executive Officer
Executive Chairman
Chairman
1988-Present
Executive Chairman and Chairman of Executive Committee
2009-Present
Chairman, Chairman of Nomination/Governance Committee and Chairman of Executive Committee
2009-Present
Chairman of the Board
2010-Present
Founder, Chairman, Chairman of Executive Committee and Chairman of Ocwen

Education*

MBA
Harvard University
BA
Allegheny College

Other Affiliations*

Annual Compensation*

Salary$569,231
Total Annual Compensation$569,231

Stock Options*

All Other Compensation$264,201
Exercised Options226,163
Exercised Options Value$4,329,557
Exercisable Options2,384,177
Unexercisable Options800,000
Total Value of Options$4,329,557
Total Number of Options4,910,340

Total Compensation*

Total Annual Cash Compensation$1,706,886
Total Short Term Compensation$569,231
Other Long Term Compensation$264,201
Total Calculated Compensation$19,621,886
*Data is at least as current as the most recent Definitive Proxy.
 

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COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Alessandro P. DiNello Chief Executive Officer, President, Director, Chief Executive Officer of Flagstar Bank, President of Flagstar Bank and Director of Flagstar Bank
Flagstar Bancorp Inc.
$312.0K
Jay Bray Chief Executive Officer and Director
Nationstar Mortgage Holdings Inc.
$450.0K
Glen A. Messina Chief Executive Officer, President and Director
PHH Corporation
$1.0M
Mark J. O'Brien Chairman and Chief Executive Officer
Walter Investment Management Corp.
$575.0K
John P. Van Vlack Principal Executive Officer, President, Director and Member of Executive Committee
Home Loan Servicing Solutions, Ltd.
$268.2K
Compensation as of Fiscal Year 2009.

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