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Mark W. Begor

CEO at EQUIFAX
Since April 2018
Age
66 years
Tenure
Joined Equifax in April 2018 as CEO and a member of the Board of Directors, driving significant revenue growth, technological transformation, and strategic acquisitions.

Also at EQUIFAX

CC
Carla Chaney
EVP, Chief Human Resources Officer
CM
Cecilia Mao
EVP, Chief Product Officer
CMB
Chad M. Borton
EVP, President, Workforce Solutions

About

Mark W. Begor has served as the Chief Executive Officer of Equifax Inc. since April 2018, overseeing a transformative period that included a landmark $1.5 billion investment in Cloud-based technology, expansion through 25 strategic acquisitions worth over $4.5 billion, and sustained growth in revenue and market capitalization.

With an extensive career spanning over 35 years at General Electric, where he held multiple leadership roles including President and CEO of GE Energy Management, GE Capital Real Estate, and GE Capital Retail Finance, his experience has been integral to his strategic vision at Equifax.

Prior to Equifax, his leadership roles at Warburg Pincus further demonstrated his capability to drive business success. While detailed personal or educational background information is not available, his professional accomplishments highlight a committed focus on innovation, operational excellence, and creating long-term shareholder value.

$EFX Performance Under Mark W. Begor

Past Roles

Organization Role Date Range Details
Warburg Pincus Managing Director - Industrial and Business Services June 2016 - April 2018 Global private equity investment firm
Fair Isaac Corporation (FICO) Board of Directors 2016 - 2018 Data analytics company focused on credit scoring
General Electric President & CEO - GE Energy Management 2014 - 2016 Oversaw GE Energy Management operations
General Electric President & CEO - GE Capital Real Estate 2011 - 2014 Led GE Capital Real Estate operations
General Electric (Synchrony Financial) President & CEO - GE Capital Retail Finance 2002 - 2011 Managed GE Capital Retail Finance operations

External Roles

Organization Role Date Range
NCR Atleos Corp. Board of Directors N/A

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary$1,500,000AnnualAnnual base salary
Perquisites & Personal Benefits$244,735AnnualIncludes Tax & Financial Planning Services ($50,000) and Private Aircraft Usage ($186,573)
Company Contributions to Defined Contribution Plans$260,911AnnualContributions to defined contribution plans

Performance Compensation

Data from  FY 2023

Annual Cash Incentive Award Opportunity (2023)

MetricWeightThresholdTargetMaximumAdditional Details
Corporate Adjusted EPS81.25%$6.54$7.21$7.49Target is 10.2% above threshold; maximum is 14.5% above threshold; payouts interpolated; max payout is 200% of target
Corporate Operating Revenue18.75%$5.007B$5.355B$5.543BTarget is 7.0% above threshold; maximum is 10.7% above threshold

Long-Term Incentive Award (2023)

ComponentDetails
TSR Performance Shares (30%)Threshold: 6,262 shares; Target: 12,524 shares; Maximum: 25,048 shares; Valuation: $241.95 per share (117.36% of grant date stock price)
Adjusted EBITDA Performance Shares (30%)Threshold: 8,370 shares; Target: 16,740 shares; Maximum: 33,480 shares; Valuation: $181.01 per share (87.80% of grant date stock price)
Premium-Priced Stock Options (20%)Granted in two tranches with exercise prices set at 110% ($226.78) and 120% ($247.39) of the grant date stock price ($206.16); Tranche 1: 16,580 options; Tranche 2: 18,346 options; Vest on February 10, 2026; Term of eight years
Time-Based RSUs (20%)9,799 RSUs; Vest on February 10, 2026; subject to continued employment
General Grant DetailsGrant Date: February 10, 2023; Total Grant Date Fair Value: $10,100,000 (Stock Awards: $8,080,418; Option Awards: $2,019,634); Performance shares require a 12-month post-vesting holding period; Dividend equivalents accrue to unvested shares