Business

Jefferies Group CEO Handler turns down $2 million bonus

Jefferies Group CEO Richard Handler must have gotten used to the ice water.

The investment bank boss — who led his company through a 2014 scarred by headlines about an allegedly coke-addled, sex-swapping Jefferies banker — turned down a $2.2 million bonus, it was revealed on Wednesday.

The decision leaves Handler out in the cold as one of Wall Street’s lowest paid CEOs. While his 2014 salary was not disclosed, he earned a salary of $1 million in 2013.

In 2012, Handler earned $45.2 million in salary, cash and restricted stock, according to regulatory documents.

To add insult to injury, Handler’s long-term equity was reduced by 67,040 shares “because net earnings attributable to Jefferies Group LLC were below performance target.”

Jefferies, owned by Leucadia, reported a loss of $92.4 million in the three months ended Dec. 31 — the result, in part, of a 73 percent drop in profit from its distressed debt group.

The headlines about substance abuse and promiscuity sprung from a bitter child custody battle involving Jefferies banker Sage Kelly. His ex-wife accused him of receiving client business in exchange for a four-way sex romp — involving her — and engaging in profligate cocaine use.

The ex-wife, Christina Di Mauro, also named in court papers Kelly’s boss, Ben Lorello, as partaking in the drug use.

The bank denied the accusation, and Di Mauro, as part of a settlement, rescinded the claims. Jefferies previously said that the “impact from the unusual publicity in late October and November was immaterial.”

A shirtless Handler made news himself by posting a YouTube video showing him getting dunked in an ice water-filled tub for charity.

Leucadia shares fell 3 cents Wednesday, to $23.27.