Michael Hagedorn Comp
Friday, July 19, 2019
Valley National Bancorp (NASDAQ: VLY) $3.52b Michael Hagedorn named CFO x- UMB Financial CEO VChair x- CFO succeeds Alan Eskow
Base Salary: $590k
Annual Cash Bonus Target: 45% of Base
Annual Long-Term Stock Target: $725k
Long-Term Incentive Plan: A one-time restricted stock award of $300k 3-year vesting
Relocation Sign-on: Bonus of $125k