Last $28.04 USD
Change Today -0.87 / -3.01%
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As of 8:04 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

William Charles Erbey

Executive Chairman and Chairman of Executive Committee, Ocwen Financial Corp.
AgeTotal Calculated CompensationThis person is connected to 23 board members in 6 different organizations across 7 different industries.

See Board Relationships
64$2,942,858
As of Fiscal Year 2013

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*

Former 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
2010-Present
Founder, Chairman, Chairman of Executive Committee and Chairman of Ocwen
2012-Present
Chairman and Chairman of Nomination/Governance Committee

Education*

MBA
Harvard University
BA
Allegheny College

Other Affiliations*

Annual Compensation*

Salary$725,000
Total Annual Compensation$725,000

Stock Options*

All Other Compensation$985,358
Exercised Options63,679
Exercised Options Value$2,916,696
Exercisable Options2,845,498
Unexercisable Options1,275,000
Total Value of Options$2,916,696
Total Number of Options4,684,177

Total Compensation*

Total Annual Cash Compensation$2,942,858
Total Short Term Compensation$725,000
Other Long Term Compensation$985,358
Total Calculated Compensation$2,942,858
*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.
$1.4M
Jay Bray Chief Executive Officer and Director
Nationstar Mortgage Holdings Inc.
$450.0K
Glen A. Messina Chief Executive Officer, President and Director
PHH Corporation
$857.2K
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.
$325.0K
Compensation as of Fiscal Year 2013.

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