VEL · Velocity Financial, Inc.

$18.16 +0.06 (+0.33%) At close · Aug 14

Market Cap

$716.98M

39.48M

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
Christopher Farrar	Chief Executive Officer	$630,000	$480,000	$2,900,000	—	$2,520,000	$34,245	$6,564,245
Mark Szczepaniak	Chief Financial Officer	$393,750	$118,750	$700,000	—	$1,181,250	$25,500	$2,419,250
Jeffrey T. Taylor	Executive Vice President, Capital Markets	$315,000	$155,000	$700,000	—	$945,000	$42,013	$2,157,013

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Farrar	Chief Executive Officer	$630,000	—	$2,205,000	—	$2,520,000	$19,001	$5,374,001
Mark Szczepaniak	Chief Financial Officer	$393,750	—	$767,813	—	$1,181,250	$10,350	$2,353,163
Jeffrey T. Taylor	Executive Vice President, Capital Markets	$315,000	—	$708,750	—	$945,000	$26,681	$1,995,431

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Farrar	Chief Executive Officer	$630,000	—	$1,417,500	—	$1,830,465	$17,840	$3,895,805
Mark Szczepaniak	Chief Financial Officer	$393,750	—	$433,124	—	$767,813	$9,900	$1,604,587
Jeffrey T. Taylor	Executive Vice President, Capital Markets	$315,000	—	$345,500	—	$589,680	$24,510	$1,274,690

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Farrar	Chief Executive Officer	$630,000	—	$1,136,700	—	$1,228,500	$21,339	$3,016,539
Mark Szczepaniak	Chief Financial Officer	$393,750	—	$378,900	—	$639,844	$9,352	$1,421,846
Jeffrey T. Taylor	Executive Vice President, Capital Markets	$315,000	—	$378,900	—	$491,400	$23,649	$1,208,949

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Farrar	Chief Executive Officer	$600,000	—	$1,267,200	—	$760,000	$20,184	$2,647,384
Mark Szczepaniak	Chief Financial Officer	$375,000	—	$422,400	—	$405,000	$8,850	$1,211,250
Jeffrey T. Taylor	Executive Vice President, Capital Markets	$300,000	—	$422,400	—	$330,000	$21,498	$1,073,898

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Farrar	Chief Executive Officer	$450,000	$600,000	—	$1,470,000	—	$18,419	$2,538,419
Jeffrey T. Taylor	Executive Vice President, Capital Markets	$275,000	$250,000	—	$392,000	—	$44,719	$961,719
Mark Szczepaniak	Chief Financial Officer	$325,000	$165,000	—	$392,000	—	$8,848	$890,848

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Farrar	Chief Executive Officer	$348,077	$500,000	—	—	—	$15,775	$863,852
Jeffrey T. Taylor	Executive Vice President,Capital Markets	$250,000	$210,000	—	—	—	$15,945	$475,945

Executive changes

Person	Role	Change	Effective	Filed
Omar Maasarani	new independent member of our Board	Appointed	2023-04-07	2023-04-07
Katherine Verner	director	Resigned	2023-04-06	2023-04-07

Key facts CIK 1692376 CUSIP 92262D101 13F (30d) 99 filings 98 filers Visit website Investor relations