Michigan Billionaire Matt Ishbia’s Compensation Grew Nearly 75% in 2023 When Company Posted Loss

Billionaire mortgage mogul Mat Ishbia, CEO of Pontiac-based United Wholesale Mortgage, saw his compensation grow nearly 75 percent in 2023, the year his company posted the first net loss as a publicly traded company, Crain’s Detroit Business reports. The annual proxy filing shows Ishbia’s compensation went from just under $7…

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