Chairman & Chief Executive Officer · Mr. Cooper Group Inc. (COOP)

Jay Bray

A named executive officer of Mr. Cooper in every fiscal year CompBrief holds from FY2022 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2024

$13,618,538

FY2023: $30,310,962

1st of 6 named executive officers at Mr. Cooper by FY2024 total.

6 named officers on file for Mr. Cooper, FY2024

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What this number hides

The filing gives the total. Mr. Cooper’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed April 10, 2025 (DEF 14A).

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Jay Bray compensation by year

Mr. Cooper Summary Compensation Table · all 3 fiscal years held
In US dollars, as Mr. Cooper reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2022FY2023FY2024
Salary$1,000,000$1,000,000$1,000,000
Bonus$0$0$0
Stock awards$7,250,173$24,668,773$7,977,273
Option awards$0$0$0
Non-equity incentive$2,500,000$4,625,000$4,625,000
Pension and deferred compensation$0$0$0
All other$12,200$17,189$16,265
Total$10,762,373$30,310,962$13,618,538

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Mr. Cooper Group Inc. DEF 14A filed April 10, 2025, accession 0001193125-25-077327, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Mr. Cooper Group Inc. filed document, accession 0001193125-25-077327. Every figure is read from that document and cited to the page and table it appears in. Filed April 10, 2025.

$10.8M
$30.3M
$13.6M
FY22
FY23
FY24
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
PSU318,416$30,571,120—
PSU166,324$15,968,767—
PSU129,562$12,439,248—
RSU106,139$10,190,405—
PSU101,712$9,765,369—
RSU52,077$4,999,913—
RSU50,856$4,882,685—
RSU22,999$2,208,134—

Per the Outstanding Equity Awards at Fiscal Year-End table in Mr. Cooper Group Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments Mr. Cooper discloses, by trigger · FY2024
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Death—$50,844,688—$53,344,688
Disability—$50,844,688—$50,844,688
Involuntary termination without cause$2,000,000$12,090,731$48,809$23,389,540
Retirement—$12,090,731—$12,090,731
Change in control, no termination$2,000,000$74,901,530$48,809$86,200,338

Per the Potential Payments Upon Termination or Change in Control table in Mr. Cooper Group Inc.'s FY2024 proxy. Estimates as the company printed them; a dash means it printed no figure.

Mr. Cooper’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Jay Bray · this pageChairman & Chief Executive Officer$13,618,538
Christopher MarshallFormer Vice Chairman & Former President$8,075,120
Michael WeinbachPresident$5,844,799
Kurt JohnsonExecutive Vice President & Chief Financial Officer$3,528,032
Michael RawlsExecutive Vice President & CEO Xome$2,557,314
Carlos PelayoExecutive Vice President & Chief Legal Officer$1,461,145

Board service

Mr. Cooper board · FY2022–FY2024

How this board is paid

Company policy: Mr. Cooper pays directors a $85,000 cash retainer and $125,000 in RSUs. As stated in Mr. Cooper's FY2024 proxy.

The full Mr. Cooper compensation record

free company brief

This page is one person within Mr. Cooper's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Mr. Cooper proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Mr. Cooper's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Mr. Cooper's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Jay Bray's compensation dossier