Christopher Farrar is Chief Executive Officer of Velocity Financial, Inc. (VEL). The company reported total compensation of $6,564,245 for fiscal year 2025.
| Salary | $630,000 |
|---|---|
| Bonus | $480,000 |
| Stock awards | $2,900,000 |
| Option awards | $0 |
| Non-equity incentive plan | $2,520,000 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $34,245 |
| Total | $6,564,245 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Velocity Financial, Inc. filed April 10, 2026, accession 0001193125-26-150488.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chief Executive Officer | $630,000 | $480,000 | $2,900,000 | $0 | $2,520,000 | $0 | $34,245 | $6,564,245 |
| FY2024 | Chief Executive Officer | $630,000 | $0 | $2,205,000 | $0 | $2,520,000 | — | $19,001 | $5,374,001 |
| FY2023 | Chief Executive Officer | $630,000 | $0 | $1,417,500 | $0 | $1,830,465 | — | $17,840 | $3,895,805 |
| FY2022 | Chief Executive Officer | $630,000 | $0 | $1,136,700 | $0 | $1,228,500 | $0 | $21,339 | $3,016,539 |
| FY2021 | Chief Executive Officer | $600,000 | $0 | $1,267,200 | $0 | $760,000 | $0 | $20,184 | $2,647,384 |
| FY2020 | Chief Executive Officer | $450,000 | $600,000 | $0 | $1,470,000 | $18,419 | $0 | $0 | $2,538,419 |
Totals as disclosed in each year's own compensation disclosure for Velocity Financial, Inc..
| Peer-group chief executive median | $8,175,252 |
|---|---|
| Difference from that median | $-1,611,007 |
| Percentile within the disclosed peer group | 31st |
| Peers with a disclosed figure | 13 |
Medians and percentiles are computed across the peer group Velocity Financial, Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Christopher Farrar this page | Chief Executive Officer | $6,564,245 |
| Mark Szczepaniak | Chief Financial Officer | $2,419,250 |
| Jeffrey Taylor | Executive Vice President, Capital Markets | $2,157,013 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Velocity Financial, Inc. compensation brief.
Christopher Farrar's compensation sits inside Velocity Financial, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.