TheStreet

James Levin, ‘Exec MD’ At Och-Ziff Earns $119M In 2013


And you think Jamie Dimon and the other bank CEOs make a lot? Well I guess they do, but its nothing compared to the compensation which James Levin of Och Ziff (NYSE:OZM) is getting. Greg Zuckerman of the WSJ who made this discovery notes:

In 2012, James Levin, a then 30-year old trader at Och-Ziff Capital Management LLC, turned heads with a bet of more than $7.5 billion on “structured credit” debt investments, or about a quarter of the money the firm managed when the investments were made. 

So what does James Levin do? Mr. Levin, 31, “who goes by Jimmy” according to Zuckerman now carries the titles of head of global credit and an executive managing director at Och-Ziff.

See more details below from the 14A below.

PS where can we apply?

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Summary Compensation Table for 2013

The following table provides summary information concerning the compensation of our Named Executive Officers, who include our Chief Executive Officer, our Chief Financial Officer and each of our three other most highly compensated employees who served as executive officers for the fiscal year ended December 31, 2013.

 

Name and Principal Position   Year     Salary
($)
    Bonus
($)(1)
    Stock
Awards
($)(2)(3)
    Non-Equity
Incentive Plan
Compensation
($)(4)
    All Other
Compensation
($)
    Total
($)
 
Daniel Och(5)Chief Executive Officer,Executive Managing Director     2013        —          —          21,135,145        —          1,203,064        22,238,209   
    2012        —          —          —          —          1,285,927        1,285,927   
    2011        —          —          10,485,533        —          484,878        10,970,411   
Joel M. Frank(6)     2013        —          4,120,459        936,482        368,094        63,357        5,488,392   
Chief Financial Officer, Senior Chief Operating Officer,Executive Managing Director     2012        —          —          —          —          66,693        66,693   
    2011        —          —          464,600        —          43,700        508,300   
             
David Windreich(7)Head of U.S. and European Investing,Executive Managing Director     2013        —          6,000,000        4,889,875        715,560        80,415        11,685,850   
    2012        —          —          —          —          75,631        75,631   
    2011        —          —          2,425,948        —          65,520        2,491,468   
James Levin(8)     2013        —          —          118,854,312        —          64,617        118,918,929   
Head of Global Credit,Executive Managing Director              
Zoltan Varga(9)Head of Asian Investing, Executive Managing Director     2013        200,000        7,762,517        1,764,233        693,451        88,151        10,508,352   
    2012        200,000        —          —          —          55,943        255,943   
    2011        200,000        —          875,259        —          47,876        1,123,135   

 

(1) The “Bonus” column reflects the cash portion of the Performance Award made to the individual under the PIP. The PIP is described in more detail above under the heading “Partner Incentive Plan.”

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