Eric Cantor has landed on his feet, to say the least.
Eric Cantor plans to join boutique investment bank Moelis & Co., as the recently defeated House majority leader embarks on a new career on Wall Street. Here are the terms of his compensation, as disclosed by Moelis in an SEC filing. Including all elements of his pay package for this first year, Mr. Cantor’s pay package totals $3.4 million for the remainder of this year through the end of calendar 2015.
Mr. Cantor had a salary of $193,400 as House majority leader, according to Congress’s pay guidelines.