Cohen Management
Management criteria checks 3/4
Cohen's CEO is Lester Brafman, appointed in Sep 2013, has a tenure of 10.67 years. total yearly compensation is $2.01M, comprised of 32.5% salary and 67.5% bonuses, including company stock and options. directly owns 20.25% of the company’s shares, worth $7.63M. The average tenure of the management team and the board of directors is 8.6 years and 17.6 years respectively.
Key information
Lester Brafman
Chief executive officer
US$2.0m
Total compensation
| CEO salary percentage | 32.5% |
| CEO tenure | 10.7yrs |
| CEO ownership | 20.2% |
| Management average tenure | 8.6yrs |
| Board average tenure | 17.6yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$655k | -US$5m |
| Sep 30 2023 | n/a | n/a | -US$13m |
| Jun 30 2023 | n/a | n/a | -US$13m |
| Mar 31 2023 | n/a | n/a | -US$8m |
| Dec 31 2022 | US$3m | US$630k | -US$13m |
| Sep 30 2022 | n/a | n/a | -US$6m |
| Jun 30 2022 | n/a | n/a | -US$9m |
| Mar 31 2022 | n/a | n/a | -US$5m |
| Dec 31 2021 | US$12m | US$630k | US$12m |
| Sep 30 2021 | n/a | n/a | US$22m |
| Jun 30 2021 | n/a | n/a | US$27m |
| Mar 31 2021 | n/a | n/a | US$27m |
| Dec 31 2020 | US$10m | US$630k | US$14m |
| Sep 30 2020 | n/a | n/a | US$228k |
| Jun 30 2020 | n/a | n/a | -US$3m |
| Mar 31 2020 | n/a | n/a | -US$4m |
| Dec 31 2019 | US$877k | US$630k | -US$2m |
| Sep 30 2019 | n/a | n/a | -US$3m |
| Jun 30 2019 | n/a | n/a | -US$3m |
| Mar 31 2019 | n/a | n/a | -US$2m |
| Dec 31 2018 | US$1m | US$630k | -US$2m |
| Sep 30 2018 | n/a | n/a | -US$532k |
| Jun 30 2018 | n/a | n/a | -US$428k |
| Mar 31 2018 | n/a | n/a | -US$82k |
| Dec 31 2017 | US$1m | US$630k | US$2m |
Compensation vs Market: Lester's total compensation ($USD2.01M) is above average for companies of similar size in the US market ($USD663.90K).
Compensation vs Earnings: Lester's compensation has been consistent with company performance over the past year.
CEO
Lester Brafman (61 yo)
10.7yrs
Tenure
US$2,013,825
Compensation
Mr. Lester Raymond Brafman has served as the Chief Executive Officer of Cohen & Company Inc. and Cohen & Company, LLC and of IFMI, LLC since September 16, 2013. Mr. Brafman served as the President of the C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 17.6yrs | US$2.00m | 11.72% $ 4.4m | |
| Chief Executive Officer | 10.7yrs | US$2.01m | 20.25% $ 7.6m | |
| Executive VP | 14.4yrs | US$1.06m | 4.41% $ 1.7m | |
| Chief Accounting Officer & Assistant Treasurer | 14.4yrs | no data | 0.77% $ 289.9k | |
| General Counsel & Secretary | 4.1yrs | no data | no data | |
| Managing Director of U.S. Insurance Strategy | 6.5yrs | no data | no data | |
| Chief Operating Officer of Asset Management | no data | no data | no data | |
| Portfolio Manager | no data | no data | no data |
8.6yrs
Average Tenure
54yo
Average Age
Experienced Management: COHN's management team is seasoned and experienced (8.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 17.6yrs | US$2.00m | 11.72% $ 4.4m | |
| Independent Director | 19.3yrs | US$111.95k | 1.85% $ 698.7k | |
| Vice Chairman of the Board | 10.7yrs | US$89.95k | 1.27% $ 479.2k | |
| Independent Director | 17.6yrs | US$94.20k | 0.67% $ 253.3k | |
| Independent Director | 8.4yrs | US$94.20k | 0.93% $ 351.3k |
17.6yrs
Average Tenure
65yo
Average Age
Experienced Board: COHN's board of directors are seasoned and experienced ( 17.6 years average tenure).