KKR Legal Chief Sorkin Nearly Triples Pay to $20.6 Million

KKR & Co.‘s longtime legal chief David Sorkin saw his pay package balloon to more than $20.6 million in 2021 as the investment firm reported a banner year.

His total compensation nearly tripled from the $7.2 million he was paid during 2020, according to a 10-K filed Feb. 28 by KKR.

The package included a $300,000 base salary, $4.5 million in cash payments of carried interest, and a nearly $5.5 million bonus, according to the filing. Sorkin received stock awards valued at more than $10.2 million.

Unlike the cash-focused compensation that law firm partners receive, Sorkin has long ...