Why LendingTree’s CEO saw 3,157% increase in 2017 compensation

LendingTree Inc. Chief Executive Douglas Lebda saw a 3,157% increase in total compensation in 2017, according to a filing with the Securities and Exchange Commission.

Lebda’s compensation for 2017 totaled at $59.59 million, a $57 million increase from the previous year. His option awards compensation increased to $57.36 million in the fiscal year 2017, up from $207,621 in 2016. Lebda’s base salary for the fiscal year was $639,231, up from his 2016 base salary of $600,000.

The company notes…

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