CHARLOTTE — The CEO of LendingTree Inc., a Charlotte-based consumer lending company, was paid $42 million in total compensation in 2018, down from his compensation of $59.6 million in 2017.
Douglas Lebda is the founder of LendingTree and has served as CEO and president of the Charlotte-based company since 2008.
A filing with the Securities and Exchange Commission Friday shows that Ledba’s base salary increased to $750,000 in 2018 from $639,231 in 2017.
In 2018, Lebda also received $27.6 million in stock awards compensation in 2018 after receiving no stock awards in 2017.
Lebda’s option awards compensation decreased to $13 million in 2018, down 77 percent from $57 million in 2017.
Lebda’s total compensation makes him the highest-paid CEO of a publicly traded company in North Carolina. He was also the highest-paid CEO in the state in 2017 in terms of total compensation.
The total compensation of Chief Financial Officer J.D. Moriarty decreased by about 94 percent to $601,704 in 2018 from $10.4 million in 2017.
LendingTree’s annual meeting will be held on June 12, 2019, at 11:00 am local time, at LendingTree’s corporate headquarters at 11115 Rushmore Drive in Charlotte,
LendingTree stock closed Friday at $390.97, up $21.38, or 5.8 percent.
This story is from the North Carolina Business News Wire, a service of the UNC-Chapel Hill School of Media and Journalism