OFG · Ofg Bancorp · Executive Compensation

$52.55 +0.00 (+0.00%)

S&P 600 member Russell 2000 member Rebalance outlook locked

Market Cap

$2.25B

42.27M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
José Fernández	President & Chief Executive Officer	$981,750	$600	$1,179,020	—	$1,117,600	$200,327	$3,479,297
Maritza Arizmendi	Chief Financial Officer	$478,170	$600	$324,815	—	$381,100	$71,752	$1,256,437
Mari Evelyn Rodríguez	Chief Retail Banking Officer	$380,363	$600	$165,330	—	$241,800	$42,410	$829,903
Ada García	Managing Director Customer Intelligence and Operations	$350,625	$600	$165,330	—	$223,000	$44,668	$783,623
Cesar Ortiz	Chief Risk Officer	$350,625	$600	$165,330	—	$204,900	$53,962	$774,817

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
José Fernández	President & Chief Executive Officer	$981,750	—	$4,110,237	—	$1,004,723	$209,132	$6,305,842
Ganesh Kumar	Chief Strategy Officer, U.S. Business	$550,000	—	$380,858	—	—	$1,533,987	$2,424,652
Maritza Arizmendi	Chief Financial Officer	$462,000	—	$305,405	—	$330,968	$75,230	$1,173,602
Mari Evelyn Rodríguez	Chief Retail Banking Officer	$367,500	—	$154,499	—	$202,700	$31,930	$756,629
Cesar Ortiz	Chief Risk Officer	$330,000	—	$154,499	—	$166,800	$57,613	$729,312
Ada García	Managing Director Customer Intelligence and Operations	$330,000	—	$154,499	—	$182,000	$43,555	$710,054

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
José Fernández	President & Chief Executive Officer	$935,000	—	$1,197,394	—	$1,188,300	$168,781	$3,489,475
Ganesh Kumar	Chief Strategy Officer, U.S. Business	$550,000	—	$747,268	—	$465,900	$145,013	$1,908,181
Maritza Arizmendi	Chief Financial Officer	$432,892	—	$300,084	—	$391,500	$64,478	$1,188,954
Mari Evelyn Rodríguez	Chief Retail Banking Officer	$234,231	—	$351,540	—	$244,500	$11,506	$841,776
Cesar Ortiz	Chief Risk Officer	$292,442	—	$132,390	—	$169,846	$42,620	$637,298

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
José Fernández	President & Chief Executive Officer	$935,000	—	$1,129,545	—	$872,200	$124,762	$3,061,507
Ganesh Kumar	Chief Strategy Officer, U.S. Business	$700,000	—	$373,634	—	$523,100	$121,521	$1,718,255
Maritza Arizmendi	Chief Financial Officer	$393,750	—	$264,955	—	$289,600	$53,334	$1,001,639
Cesar Ortiz	Chief Risk Officer	$273,807	—	$80,881	—	$123,100	$38,215	$516,003
Patrick Haggarty	Managing Director, Commercial Banking	$282,000	—	$80,881	—	$116,400	$34,091	$513,372

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
José Fernández	President & Chief Executive Officer	$935,000	—	$1,082,452	—	$878,700	$124,685	$3,020,837
Ganesh Kumar	Chief Strategy Officer, U.S. Business	$700,000	—	$729,764	—	$585,000	$120,239	$2,135,003
Maritza Arizmendi	Chief Financial Officer	$375,000	—	$273,896	—	$235,400	$26,361	$910,657
José Cabrera	Chief Risk and Compliance Officer	$225,000	$47,000	$131,320	—	$117,400	$55,945	$576,665
Cesar Ortiz	Chief Risk Officer	$263,989	—	$131,320	—	$83,300	$17,465	$496,074

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
José Fernández	President & Chief Executive Officer	$865,000	—	$1,211,341	—	$617,700	$88,659	$2,782,700
Ganesh Kumar	Chief Operating Officer	$700,000	—	$684,650	—	$444,400	$107,747	$1,936,797
Maritza Arizmendi	Chief Financial Officer	$375,000	—	$276,700	—	$178,600	$27,211	$857,511
Cesar Ortiz	Managing Director, Retail Business Development	$257,550	—	$106,078	—	$65,200	$49,667	$478,495
José Cabrera	Chief Risk and Compliance Officer	$193,239	—	$75,425	—	$57,972	$26,473	$353,109

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
José Fernández	President & Chief Executive Officer	$865,000	$283,333	$736,368	—	$850,200	$117,703	$2,852,604
Ganesh Kumar	Chief Operating Officer	$484,500	$250,000	$545,536	—	$476,300	$124,373	$1,880,709
Maritza Arizmendi	Chief Financial Officer	$307,000	—	$181,976	—	$201,200	$25,873	$716,049
Ramón Rosado-Linera	Senior Vice President & U.S. Loan Program Director	$273,910	—	$71,944	—	$70,200	$9,309	$425,363
Rafael Cruz	Senior Vice President and Chief Risk and Compliance Officer	$247,797	—	$71,944	—	$80,400	$24,282	$424,423

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
José Fernández	President & Chief Executive Officer	$865,000	$283,333	$850,940	—	$708,600	$92,604	$2,800,477
Ganesh Kumar	Chief Operating Officer	$484,500	$335,667	$431,060	—	$529,200	$76,603	$1,857,030
Maritza Arizmendi	Chief Financial Officer	$284,000	—	$134,400	—	$186,100	$17,594	$622,094
Ramón Rosado-Linera	Senior Vice President & U.S. Loan Program Director	$258,813	—	$39,200	—	$82,600	$6,686	$387,299
Rafael Cruz	Senior Vice President and Chief Risk and Compliance Officer	$222,798	—	$28,000	—	$76,300	$15,938	$343,036

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
José Fernández	President & Chief Executive Officer	$865,000	$283,333	$312,040	—	$760,100	$92,552	$2,313,025
Ganesh Kumar	Senior Executive Vice President & Chief Operating Officer	$475,000	$335,667	—	—	$417,400	$76,571	$1,304,638
Maritza Arizmendi	Executive Vice President & Chief Financial Officer	$259,309	—	$67,250	—	$116,900	$16,792	$460,251
Ramón Rosado-Linera	Senior Vice President & U.S. Loan Program Director	$253,834	—	$25,555	—	$73,700	$6,562	$359,651

Key facts CIK 1030469 CUSIP 67103X102 13F (30d) 167 filings 166 filers Visit website