Medallion Financial Management
Management criteria checks 2/4
Medallion Financial's CEO is Alvin Murstein, appointed in Feb 1996, has a tenure of 28.75 years. total yearly compensation is $3.04M, comprised of 30.5% salary and 69.5% bonuses, including company stock and options. directly owns 7.94% of the company’s shares, worth $16.86M. The average tenure of the management team and the board of directors is 9.7 years and 7.2 years respectively.
Key information
Alvin Murstein
Chief executive officer
US$3.0m
Total compensation
| CEO salary percentage | 30.5% |
| CEO tenure | 28.8yrs |
| CEO ownership | 7.9% |
| Management average tenure | 9.7yrs |
| Board average tenure | 7.2yrs |
Recent management updates
Recent updates
Medallion Financial (NASDAQ:MFIN) Is Increasing Its Dividend To $0.11
Nov 02
Medallion Financial: Dividend Growth Opportunity In Preferred Shares
Apr 15Here's Why We Think Medallion Financial (NASDAQ:MFIN) Might Deserve Your Attention Today
Feb 17Medallion Financial (NASDAQ:MFIN) Is Due To Pay A Dividend Of $0.08
Jul 30Is Now The Time To Put Medallion Financial (NASDAQ:MFIN) On Your Watchlist?
Jan 16Medallion Financial goes ex-dividend tomorrow
Aug 11Medallion Financial GAAP EPS of $0.54 beats by $0.32, revenue of $46.24M beats by $8.86M
Jul 27Medallion Financial - Buy The Dip As Recent SEC Charges Increase Probability Of A Sale
Jan 05Increases to CEO Compensation Might Be Put On Hold For Now at Medallion Financial Corp. (NASDAQ:MFIN)
Jun 11Medallion Financial EPS beats by $0.09, misses on revenue
May 03Medallion Financial Corp. (NASDAQ:MFIN) Could Be Less Than A Year Away From Profitability
Mar 23Medallion Financial raises $33.6M from private placement of notes
Dec 23What Type Of Shareholders Own The Most Number of Medallion Financial Corp. (NASDAQ:MFIN) Shares?
Dec 22Medallion Financial EPS of -$0.97
Nov 02Medallion Financial misses on revenue
Oct 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$40m |
| Jun 30 2024 | n/a | n/a | US$43m |
| Mar 31 2024 | n/a | n/a | US$50m |
| Dec 31 2023 | US$3m | US$926k | US$55m |
| Sep 30 2023 | n/a | n/a | US$54m |
| Jun 30 2023 | n/a | n/a | US$50m |
| Mar 31 2023 | n/a | n/a | US$49m |
| Dec 31 2022 | US$3m | US$926k | US$44m |
| Sep 30 2022 | n/a | n/a | US$50m |
| Jun 30 2022 | n/a | n/a | US$59m |
| Mar 31 2022 | n/a | n/a | US$56m |
| Dec 31 2021 | US$2m | US$891k | US$54m |
| Sep 30 2021 | n/a | n/a | US$41m |
| Jun 30 2021 | n/a | n/a | US$2m |
| Mar 31 2021 | n/a | n/a | -US$13m |
| Dec 31 2020 | US$1m | US$891k | -US$35m |
| Sep 30 2020 | n/a | n/a | -US$42m |
| Jun 30 2020 | n/a | n/a | -US$13m |
| Mar 31 2020 | n/a | n/a | -US$17m |
| Dec 31 2019 | US$2m | US$891k | -US$2m |
| Sep 30 2019 | n/a | n/a | US$8m |
| Jun 30 2019 | n/a | n/a | -US$2m |
| Mar 31 2019 | n/a | n/a | -US$9m |
| Dec 31 2018 | US$1m | US$869k | -US$25m |
| Sep 30 2018 | n/a | n/a | -US$31m |
| Jun 30 2018 | n/a | n/a | -US$26m |
| Mar 31 2018 | n/a | n/a | -US$16m |
| Dec 31 2017 | US$1m | US$869k | US$278k |
Compensation vs Market: Alvin's total compensation ($USD3.04M) is above average for companies of similar size in the US market ($USD1.47M).
Compensation vs Earnings: Alvin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Alvin Murstein (89 yo)
28.8yrs
Tenure
US$3,038,040
Compensation
Mr. Alvin Murstein has been the Chairman of Medallion Financial Corp. since 1995 and has been its Chief Executive Officer since February 1996. Mr. Murstein has also been the Chairman, President and Chief E...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 28.8yrs | US$3.04m | 7.94% $ 16.9m | |
| President | 29.8yrs | US$6.49m | 10.12% $ 21.5m | |
| Executive VP & CFO | 2.8yrs | US$1.86m | 0.34% $ 712.7k | |
| Executive VP & CFO of Medallion Bank | 3.6yrs | US$1.26m | 0.35% $ 750.5k | |
| CEO & President of Medallion Bank | 9.5yrs | US$2.22m | 0.91% $ 1.9m | |
| Executive VP | 9.7yrs | no data | 0.34% $ 719.4k | |
| Executive VP & Chief Credit Officer | 7.6yrs | no data | 0.24% $ 505.6k | |
| Executive VP & Chief Lending Officer of Medallion Bank. | no data | no data | no data | |
| Acting President & Executive VP of Medallion Capital | 11.8yrs | US$500.20k | no data | |
| Senior Vice President of Medallion Capital | 26.8yrs | US$494.52k | no data |
9.7yrs
Average Tenure
59yo
Average Age
Experienced Management: MFIN's management team is seasoned and experienced (9.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 29.8yrs | US$3.04m | 7.94% $ 16.9m | |
| President | 27.1yrs | US$6.49m | 10.12% $ 21.5m | |
| Independent Director | 7.3yrs | US$232.76k | 0.32% $ 669.9k | |
| Independent Director | 3.3yrs | US$246.26k | 0.013% $ 28.1k | |
| Non-Independent Director | 28.8yrs | US$223.01k | 1% $ 2.1m | |
| Independent Director | 7.1yrs | US$223.51k | 0.20% $ 426.5k | |
| Independent Director | 4.4yrs | US$218.51k | 0% $ 0 | |
| Lead Independent Director | 2.5yrs | US$266.01k | 0.015% $ 32.9k |
7.2yrs
Average Tenure
77.5yo
Average Age
Experienced Board: MFIN's board of directors are considered experienced (7.2 years average tenure).