Executive Chairman, President and Chief Executive Officer · FLAGSTAR BANK, NATIONAL ASSOCIATION (NYCB)

Joseph Otting

A named executive officer of FLAGSTAR BANK, NATIONAL ASSOCIATION in every fiscal year CompBrief holds from FY2024 to FY2025. 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, FY2025

$7,655,500

FY2024: $34,817,072

1st of 5 named executive officers at Flagstar Bank, National Association by FY2025 total.

5 named officers on file for FLAGSTAR BANK, NATIONAL ASSOCIATION, FY2025

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What this number hides

The filing gives the total. FLAGSTAR BANK, NATIONAL ASSOCIATION’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 30, 2026 (DEF 14A).

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Joseph Otting compensation by year

FLAGSTAR BANK, NATIONAL ASSOCIATION Summary Compensation Table · all 2 fiscal years held
In US dollars, as FLAGSTAR BANK, NATIONAL ASSOCIATION reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024FY2025
Salary$918,269$1,250,000
Bonus$0$0
Stock awards$0$3,000,000
Option awards$31,500,000$0
Non-equity incentive$2,250,000$3,375,000
Pension and deferred compensation$0$0
All other$148,803$30,500
Total$34,817,072$7,655,500

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: FLAGSTAR BANK, NATIONAL ASSOCIATION DEF 14A filed April 30, 2026, accession 0000910073-26-000039, and prior-year filings. Open the filing on EDGAR.

How this page was built: the FLAGSTAR BANK, NATIONAL ASSOCIATION filed document, accession 0000910073-26-000039. Every figure is read from that document and cited to the page and table it appears in. Filed April 30, 2026.

$34.8M
$7.7M
FY24
FY25
SalaryNon-equity incentiveStock awardsOption awardsAll other

FLAGSTAR BANK, NATIONAL ASSOCIATION’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Joseph Otting · this pageExecutive Chairman, President and CEO$7,655,500
Bao NguyenSenior EVP/General Counsel and Chief of Staff$3,175,428
Kris GagnonSenior EVP/ Chief Credit Officer$2,080,012
George BuchananSenior EVP/Chief Risk Officer$2,015,122
Lee SmithSenior EVP/ Chief Financial Officer$1,793,309

The full FLAGSTAR BANK, NATIONAL ASSOCIATION compensation record

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This page is one person within FLAGSTAR BANK, NATIONAL ASSOCIATION's record. The company brief lists every named executive, each linking to their own page.

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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 FLAGSTAR BANK, NATIONAL ASSOCIATION'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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Joseph Otting's compensation dossier