Joseph Otting is Executive Chairman, President and Chief Executive Officer of Flagstar Bank, National Association (NYCB). 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.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Joseph Otting this page | Executive Chairman, President and Chief Executive Officer | $7,655,500 |
| Bao Nguyen | Senior EVP/General Counsel and Chief of Staff | $3,175,428 |
| Kris Gagnon | Senior EVP/ Chief Credit Officer | $2,080,012 |
| George Buchanan | Senior EVP/Chief Risk Officer | $2,015,122 |
| Lee Smith | Senior EVP/ 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 (NYCB) compensation brief