Joseph Otting is Executive Chairman, President and Chief Executive Officer of Flagstar Bank, National Association (FLG). The company reported total compensation of $7,655,500 for fiscal year 2025.
| Salary | $1,250,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $3,000,000 |
| Option awards | $0 |
| Non-equity incentive plan | $3,375,000 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $30,500 |
| Total | $7,655,500 |
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 Flagstar Bank, National Association filed April 30, 2026, accession 0000910073-26-000039.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Executive Chairman, President and Chief Executive Officer | $1,250,000 | $0 | $3,000,000 | $0 | $3,375,000 | $0 | $30,500 | $7,655,500 |
| FY2024 | Executive Chairman, President and CEO | $918,269 | $0 | $0 | $31,500,000 | $2,250,000 | $0 | $148,803 | $34,817,072 |
Totals as disclosed in each year's own compensation disclosure for Flagstar Bank, National Association.
| Peer-group chief executive median | $10,288,983 |
|---|---|
| Difference from that median | $-2,633,482 |
| Percentile within the disclosed peer group | 29th |
| Peers with a disclosed figure | 14 |
Medians and percentiles are computed across the peer group Flagstar Bank, National Association discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Joseph Otting this page | Executive Chairman, President and Chief Executive Officer | $7,655,500 |
| Bao Nguyen | Senior Executive Vice President and General Counsel/Chief of Staff | $3,175,428 |
| Kris Gagnon | Senior Executive Vice President and Chief Credit Officer | $2,080,012 |
| George Buchanan | Executive Vice President and Chief Risk Officer | $2,015,122 |
| Lee Smith | Senior Executive Vice President and Chief Financial Officer | $1,793,309 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Flagstar Bank, National Association compensation brief.
Joseph Otting's compensation sits inside Flagstar Bank, National Association's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.
The Flagstar Bank, National Association (FLG) compensation brief