Why It Costs So Much To Take That GMAT Test

What Non-Profit GMAC Paid Its Execs

Executive	Title	Total Pay	Salary	Bonus	Other
David Wilson	Former CEO	$1,198,438	——–	$535,800	$662,638
Sangeet Chowfla	CEO	$1,101,605	$425,000	$60,000	$616,605
Robert Rosecrans	Former CIO	$1,064,539	$269,306	$157,389	$637,844
Margaret Jobst	Executive VP	$797,625	$395,666	$201,501	$200,458
Lawrence Rudder	Vice President	$771,807	$210,676	$226,386	$334,745
Ramesh Thadani	Executive VP	$670,303	$333,267	$153,170	$183,866
Shelli Arnold	COO	$661,377	$323,426	$164,710	$173,241
Samuel Reimer	CFO	$635,431	$306,155	$149,627	$179,649
Julia Tyler	Executive VP	$587,090	$151,845	$254,659	$180,586
Sherri Sampson	Chief Counsel	$580,418	$281,837	$139,390	$159,191
Fanmin Guo	Vice President	$456,226	$208,683	$134,134	$113,409
Jose Carreras	Vice President	$438,561	$132,837	$154,428	$151,296
Andrew Martelli	Vice President	$431,763	$194,157	$123,804	$113,802
David Moldavsky	Vice President	$414,061	$208,746	$83,512	$121,803
Ashok Sarathy	Vice President	$405,065	$207,119	$83,503	$114,443
Richard D’Amato	Vice President	$394,982	$185,514	$112,529	$96,939
Robert Alig	Executive VP	$229,006	$145,000	——–	$84,006

Source: 2014 Form 990 for the Graduate Management Admission Council

DON’T MISS: 60 YEARS LATER: A GMAT TEST WITH PROFIT MARGINS BETTER THAN APPLE or THE CASE AGAINST THE GMAT

© Copyright 2026 Poets & Quants. All rights reserved. This article may not be republished, rewritten or otherwise distributed without written permission. To reprint or license this article or any content from Poets & Quants, please submit your request HERE.