Nomura CEO's pay almost doubles after profitable year

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Nomura almost doubled Chief Executive Officer Koji Nagai’s compensation to $2.9m last year as profit surged.

Bloomberg News reports that Nagai received a basic salary of $999,600, plus $166,600 in stock options, $588,000 in cash bonuses and $1.2m in deferred bonuses for the year ended March 31, the company said in a filing to the Finance Ministry Thursday. His compensation was $1.63m a year earlier.

Net income at Nomura climbed to an eight-year high of $20.9m in the period as Prime Minister Shinzo Abe’s stimulus policies triggered a stock rally that spurred brokerage commissions and investment-banking fees. Compensation for Chief Operating Officer Atsushi Yoshikawa and Chairman Nobuyuki Koga also rose, the filing showed.

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Nomura Almost Doubles CEO's compensation to $2.9 Million

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