sentences:  SIFMA's highest-paid officers that year were Donald Kittel (then CFO), $2.1 million, Marc Lackritz (then president & CEO), $1.5 million, and Randolph Snook (SMD), $1.1 million.SIFMA's highest-paid officer in 2008 was its new president and CEO Tim Ryan (at approximately $2 million, for January–October).Ryan had been hired to replace Lackritz in January 2008, at a 43% ($600,000) higher level of compensation, for less than a full year.