Executive Compensation at Selected Banks and Thrifts

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Executive Compensation at Selected Banks and Thrifts

Executive Compensation at Selected Banks and Thrifts
In 2006. Ranked by total compensation
Published May 11, 2007
        Base Salary ($) Annual Bonus ($) Total Annual
Compensation ($)
Stock Awards ($) Option Awards ($) Non-Equity IP Comp ($) Change in Pension Value ($) Other Compensation ($) Total Compensation ($)  
  Name Institution Title Total Assets
1 James Dimon JPMorgan Chase & Co. President 1,000,000 13,000,000 14,487,858 7,165,705 17,353,321 0 46,445 487,858 39,053,329 1,351,520,000
2 Richard D. Fairbank Capital One Financial Corp. Chairman and President 0 0 151,484 6,389,113 30,892,792 0 5,310 151,484 37,438,699 149,739,285
3 Richard M. Kovacevich Wells Fargo & Co. Chairman 995,000 0 1,538,521 0 16,826,148 8,500,000 2,982,214 543,521 29,846,883 481,996,000
4 Kenneth D. Lewis Bank of America Corp. Chairman and Pres. 1,500,000 0 1,719,969 11,698,865 4,966,715 6,500,000 2,987,799 219,969 27,873,348 1,459,737,000
5 Ronald E. Logue State Street Corp. Chairman and President 1,000,000 0 1,109,820 9,499,318 8,450,054 5,000,000 2,698,318 109,820 26,757,510 107,353,000
6 Charles O. Prince Citigroup Inc. Chairman and CEO 1,000,000 13,200,000 14,458,338 10,633,333 746,607 0 137,441 258,338 25,975,719 1,884,318,000
7 G. Kennedy Thompson Wachovia Corp. Chairman and President 1,090,000 0 1,306,178 9,064,002 8,144,728 5,150,000 181,374 216,178 23,846,282 707,121,000
8 C. Dowd Ritter Regions Financial Corp. President 995,000 0 1,738,243 6,641,780 1,511,191 7,410,440 1,132,335 743,243 18,433,989 143,369,021
9 James E. Rohr PNC Financial Services Group Inc. Chairman 950,000 0 1,221,917 5,380,000 5,281,000 2,850,000 3,337,609 271,917 18,070,526 101,820,000
10 Robert P. Kelly Mellon Financial Corp. Chairman and President 864,205 5,000,000 6,802,182 2,898,462 649,973 0 6,135,191 937,977 16,485,808 41,478,000
11 Kerry K. Killinger Washington Mutual Inc. Chairman and CEO 1,000,000 0 1,501,572 2,251,139 5,148,464 4,074,000 1,270,684 501,572 14,245,859 346,288,000
12 Thomas A. Renyi Bank of New York Co. Inc. Chairman 1,000,000 1,592,000 2,828,000 3,869,100 2,253,000 4,684,000 0 236,000 13,634,100 103,370,000
13 Henry L. Meyer KeyCorp Chairman and President 992,308 0 1,347,465 2,658,239 1,885,540 2,966,400 3,167,141 355,157 12,024,785 92,337,000
14 William A. Osborn Northern Trust Corp. Chairman 1,037,500 0 1,128,399 2,028,844 4,266,274 2,500,000 1,086,801 90,899 11,010,318 60,712,200
15 Alvaro G. de Molina Bank of America Corp. Chief Financial Officer 700,000 0 853,202 4,176,078 2,104,373 3,310,000 191,220 153,202 10,634,873 1,459,737,000
16 Sallie L. Krawcheck Citigroup Inc. Chief Financial Officer 500,000 5,820,000 6,320,000 2,946,251 645,701 0 6,315 0 9,918,267 1,884,318,000
17 David A. Daberko National City Corp. Chairman 1,000,000 0 1,500,671 1,883,237 2,658,372 3,036,000 0 500,671 9,078,280 140,190,842
18 Ralph W. Babb Comerica Inc. Chairman and President 927,025 0 1,009,504 2,139,189 2,588,650 1,923,576 946,572 82,479 8,607,491 58,001,000
19 John A. Allison BB&Trust Corp. Chairman 927,000 0 1,177,343 1,144,891 1,737,584 2,969,550 1,414,205 250,343 8,443,573 121,351,065
20 Dennis J. Kuester Marshall & Ilsley Corp. Chairman 925,000 0 1,230,929 2,163,344 1,760,171 1,452,250 1,479,013 305,929 8,085,707 56,230,257
21 William J. Ryan TD Banknorth Inc. Chairman 966,808 993,145 2,060,310 3,009,284 801,733 0 1,680,000 100,357 7,551,327 40,159,085
22 Michael J. Cavanagh JPMorgan Chase & Co. Executive VP and CFO 500,000 3,000,000 3,500,000 1,407,365 2,221,760 0 23,380 0 7,152,505 1,351,520,000
23 Stanley A. Lybarger BOK Financial Corp. President 828,600 0 860,613 712,304 3,004,945 1,242,900 879,312 32,013 6,700,074 18,059,624
24 Edward J. Resch State Street Corp. Executive VP 644,231 0 667,308 2,680,365 1,089,005 1,722,000 255,414 23,077 6,414,092 107,353,000
25 George A. Schaefer Fifth Third Bancorp Chairman 990,018 0 1,205,923 744,798 4,154,453 0 0 215,905 6,105,173 100,669,000
26 Richard K. Davis U.S. Bancorp President 625,024 0 646,587 99,678 2,421,794 1,500,000 1,248,437 21,563 5,916,496 219,232,000
27 Gary L. Perlin Capital One Financial Corp. Chief Financial Officer 583,333 520,800 1,239,671 1,151,769 2,316,510 869,476 0 135,538 5,577,426 149,739,285
28 Thomas P. Gibbons Bank of New York Co. Inc. Senior EVP and CFO 625,000 1,166,000 1,904,500 1,889,100 823,400 799,000 8,500 113,500 5,424,500 103,370,000
29 Gerald H. Lipkin Valley National Bancorp Chairman and Pres. 680,000 0 734,854 548,163 178,326 575,000 3,345,712 54,854 5,382,055 12,395,027
30 Howard I. Atkins Wells Fargo & Co. Senior EVP 600,000 0 850,947 116,669 1,119,091 3,000,000 202,576 250,947 5,289,283 481,996,000
31 Jeffrey D. Kelly National City Corp. Vice Chairman 555,000 337,906 1,030,674 1,722,995 312,591 1,544,018 384,573 137,768 4,994,851 140,190,842
32 David M. Moffett U.S. Bancorp Vice Chairman 550,021 0 582,462 99,678 1,863,678 1,000,000 1,393,171 32,441 4,938,989 219,232,000
33 Thomas W. Casey Washington Mutual Inc. Executive VP 620,000 0 715,983 878,838 1,517,087 1,356,060 97,613 95,983 4,565,581 346,288,000
34 Russell D. Goldsmith City National Corp. Vice Chairman 978,528 0 1,043,367 591,530 1,349,133 636,043 510,800 64,839 4,130,873 14,884,381
35 Richard E. Anthony Synovus Financial Corp. Chairman 819,000 0 1,266,929 615,086 728,840 1,433,250 0 447,929 4,044,095 31,854,773
36 Mack I. Whittle South Financial Group Inc. Chairman and President 879,640 0 1,259,808 777,174 40,090 584,500 992,853 380,168 3,654,155 14,210,516
37 Vernon W. Hill Commerce Bancorp Inc. Chairman and President 100,000 1,500,000 1,763,544 0 947,031 0 0 163,544 3,610,575 45,271,816
38 Richard L. Carrion Popular Inc. Chairman and Pres. 741,600 31,050 1,040,610 951,336 0 178,139 1,124,121 267,960 3,294,206 47,403,987
39 Thomas J. Wurtz Wachovia Corp. Senior Executive VP and CFO 420,833 0 458,588 527,162 328,606 1,750,000 62,159 37,755 3,126,515 707,121,000
40 James C. Smith Webster Financial Corp. Chairman 850,000 0 983,701 306,228 754,546 637,500 402,500 133,701 3,084,475 17,097,471
41 J. Kenneth Glass First Horizon National Corp. Chairman and President 939,692 0 1,002,963 299,220 986,056 0 780,115 63,271 3,068,354 37,918,259
42 William R. Hartman Citizens Republic Bancorp Cheif Executive Officer 721,507 0 764,543 538,195 0 299,175 1,438,449 43,036 3,040,362 14,002,612
43 Jeffrey B. Weeden KeyCorp Senior EVP 525,000 0 631,210 840,514 581,341 875,000 83,849 106,210 3,011,914 92,337,000
44 Richard W. Evans Cullen/Frost Bankers Inc. Chairman 675,000 0 927,040 984,541 376,896 472,500 198,273 252,040 2,959,250 13,224,189
45 Thomas E. Hoaglin Huntington Bancshares Inc. Chairman and President 841,083 0 908,290 116,657 856,578 820,477 134,338 67,207 2,836,340 35,329,019
46 Elizabeth S. Acton Comerica Inc. Executive Vice President 484,000 0 517,022 817,490 734,550 577,775 101,876 33,022 2,748,713 58,001,000
47 Robert E. Lowder Colonial BancGroup Inc. Chairman and Pres. 1,117,800 0 1,743,670 346 215,882 659,502 0 625,870 2,619,400 22,784,249
48 David W. Kemper Commerce Bancshares Inc. Chairman and President 778,151 0 901,061 165,551 832,894 527,000 157,822 122,910 2,584,328 15,230,349
49 Ted T. Cecala Wilmington Trust Corp. Chairman 634,400 525,150 1,181,415 180,356 650,100 0 535,525 21,865 2,547,396 11,157,036
50 Aubrey B. Patterson BancorpSouth Inc. Chairman 686,685 0 749,001 0 22,790 824,022 863,946 62,316 2,459,759 12,040,521
51 Michael A. Bryson Mellon Financial Corp. Chief Financial Officer 525,000 500,000 1,046,616 713,523 221,753 0 406,073 21,616 2,387,965 41,478,000
52 Harris H. Simmons Zions Bancorp. Chairman and President 800,000 700,000 1,567,810 0 709,258 0 19,032 67,810 2,296,100 46,970,226
53 D. Bryan Jordan Regions Financial Corp. Senior Executive VP 470,000 0 618,880 647,328 123,778 752,000 6,561 148,880 2,148,547 143,369,021
54 Steven L. Fradkin Northern Trust Corp. Executive VP and CFO 468,750 0 502,029 470,202 309,062 550,000 245,735 33,279 2,077,028 60,712,200
55 Merrill B. Blanksteen NewAlliance Bancshares Inc. Executive VP and Treasurer. 330,042 0 422,661 887,144 402,462 127,998 107,448 92,619 1,947,713 7,247,696
56 Robert E. Sadler M&T Bank Corp. President 800,000 650,000 1,501,812 0 0 0 426,069 51,812 1,927,881 57,064,905
57 Richard James Johnson PNC Financial Services Group Inc. Senior VP 377,885 0 440,196 433,000 323,000 660,000 44,076 62,311 1,900,272 101,820,000
58 David I. Matson UnionBanCal Corp. Vice Chairman 461,539 0 509,762 459,967 400,980 210,000 292,000 48,223 1,872,709 52,619,576
59 Paul S. Beideman Associated Banc-Corp President 788,615 545,200 1,396,887 173,522 101,396 0 137,391 63,072 1,809,196 20,861,384
60 Stephen J. Boyle TD Banknorth Inc. Executive VP 306,461 265,170 594,124 962,119 149,127 0 38,000 22,493 1,743,370 40,159,085
61 Thomas J. Prescott Synovus Financial Corp. Executive VP 364,000 0 537,368 148,830 496,636 445,900 0 173,368 1,628,734 31,854,773
62 Mark A. Chancy SunTrust Banks Inc. Executive VP 445,833 0 496,298 51,049 357,052 549,036 103,416 50,465 1,556,851 182,161,609
63 A. Scott Keys IndyMac Bancorp Inc. Executive VP 480,375 0 613,560 45,143 364,676 487,951 9,509 133,185 1,520,839 29,495,316
64 Monte N. Redman Astoria Financial Corp. Executive Vice President 600,000 0 691,717 163,597 252,280 228,750 170,912 91,717 1,507,256 21,554,519
65 Doyle L. Arnold Zions Bancorp. Vice Chairman 475,000 450,000 964,738 19,891 503,323 0 15,922 39,738 1,503,874 46,970,226
66 R. Scott Smith Fulton Financial Corp. Chairman and President 734,946 28,267 905,880 0 70,713 381,607 2,769 142,667 1,360,969 14,918,964
67 Jorge A. Junquera Diez Popular Inc. Senior EVP 539,000 22,633 635,899 7,510 0 156,423 439,466 74,266 1,239,298 47,403,987
68 Christopher J. Carey City National Corp. Executive VP 447,781 0 621,472 196,605 239,052 150,000 0 173,691 1,207,129 14,884,381
69 Lewis R. Holding First Citizens BancShares Inc. Chairman 904,566 0 1,135,300 0 0 0 0 230,734 1,135,300 15,729,697
70 Alan D. Eskow Valley National Bancorp Executive VP and Secretary 345,000 0 380,191 163,275 71,183 150,000 269,202 35,191 1,033,851 12,395,027
71 Lynn A. Nagorske TCF Financial Corp. Chief Executive Officer 695,408 0 834,269 114,077 0 0 73,549 138,861 1,021,895 14,669,734
72 Phillip D. Green Cullen/Frost Bankers Inc. Group EVP 350,000 0 442,461 256,900 99,804 175,000 24,157 92,461 998,322 13,224,189
73 Christopher G. Marshall Fifth Third Bancorp Executive VP 307,686 400,000 880,590 86,722 0 0 0 172,904 967,312 100,669,000
74 Sarah H. Moore Colonial BancGroup Inc. Senior EVP 414,000 68,000 494,100 179,743 51,577 207,000 0 12,100 932,420 22,784,249
75 Gregory A. Smith Marshall & Ilsley Corp. Senior Vice President 242,045 48,325 329,488 114,931 108,278 351,675 2,946 39,118 907,318 56,230,257
76 Rene F. Jones M&T Bank Corp. Executive VP and CFO 232,308 275,000 550,416 0 351,813 0 1,585 43,108 903,814 57,064,905
77 Eugene T. Sobol KNBT Bancorp Inc. Senior EVP and Treasurer 255,000 0 299,421 330,000 109,345 139,404 25,141 44,421 903,311 2,898,827
78 Donald R. Kimble Huntington Bancshares Inc. Executive VP 370,833 0 387,298 19,443 205,114 257,312 28,111 16,465 897,298 35,329,019
79 Steven E. Nell BOK Financial Corp. Executive VP 315,000 0 336,023 21,616 173,951 315,000 47,505 21,023 894,095 18,059,624
80 Robert T. Cushing TrustCo. Bank Corp NY Executive VP 302,500 317,625 823,999 0 0 0 35,694 203,874 859,693 3,161,187
81 Charles J. Nugent Fulton Financial Corp. Senior EVP 460,682 17,718 576,045 0 59,396 167,440 9,418 97,645 812,299 14,918,964
82 Timothy K. Schools South Financial Group Inc. Executive VP and CFO 296,000 0 332,963 50,516 71,048 160,000 194,957 36,963 809,484 14,210,516
83 David R. Gibson Wilmington Trust Corp. Executive VP 246,600 246,150 501,116 45,311 144,467 0 87,674 8,366 778,567 11,157,036
84 Mark R. McCo.llom Sovereign Bancorp Inc. Chief Financial Officer 477,885 55,000 572,155 91,460 37,715 0 38,808 39,270 740,138 89,641,849
85 Joseph B. Selner Associated Banc-Corp Executive VP 331,108 200,000 550,417 73,920 30,821 0 70,390 19,309 725,548 20,861,384
86 Christopher L. Henson BBank and Trust Corp. Senior EVP 278,100 0 308,831 33,797 112,230 177,289 75,464 30,731 707,611 121,351,065
87 James A. White BankAtlantic Bancorp Inc. Executive VP 362,296 37,791 421,296 0 145,063 119,211 0 21,209 685,570 6,495,662
88 Douglas J. Pauls Commerce Bancorp Inc. Executive VP 450,000 150,000 619,779 0 56,822 0 0 19,779 676,601 45,271,816
89 Richard L. Reed National Co.nsumer Co.operative Bank Executive Managing Director 284,236 0 312,136 0 0 340,222 0 27,900 653,395 1,829,477
90 Paul R. Bechet Brookline Bancorp Inc. SVP and Treasurer 215,000 0 368,780 232,492 0 46,096 0 153,780 647,368 2,373,040
91 Charles D. Christy Citizens Republic Bancorp Executive VP 314,541 0 362,434 115,863 0 130,474 10,021 47,893 618,792 14,002,612
92 Alexander Bayard Clark Commerce Bancshares Inc. Executive VP and Treasurer 245,825 0 276,061 30,785 137,631 93,000 61,354 30,236 598,831 15,230,349
93 Takashi Morimura UnionBanCal Corp. President 233,373 0 598,191 0 0 0 0 364,818 598,191 52,619,576
94 Neil W. Brown TCF Financial Corp. President 398,087 0 467,681 70,441 0 0 30,930 69,594 569,052 14,669,734
95 Eugene B. Witkowicz TierOne Corp. Exec. VP and Treas. 183,068 0 228,962 142,640 81,180 91,905 0 45,894 544,687 3,431,169
96 Linda A. Niro Provident Financial Services Inc. Senior VP 207,500 0 250,910 177,898 59,520 25,289 19,040 43,410 532,657 5,742,964
97 Gerald P. Plush Webster Financial Corp. Executive VP 186,164 250,000 658,503 22,672 37,183 0 0 36,175 532,194 17,097,471
98 Lee Nash Allen BancorpSouth Inc. Treasurer 209,495 0 232,091 0 1,478 113,128 154,674 22,596 501,371 12,040,521
99 William D. Snider United Western Bancorp Inc. Vice Chairman 225,000 0 248,500 0 36,144 212,500 0 23,500 497,144 2,156,548
100 Douglas J. Goddard FirstFed Financial Corp. Executive VP 275,004 0 305,843 0 93,272 96,250 0 30,839 495,365 9,295,587
101 Kenneth J. Mahon Dime Community Bancshares Inc. Executive VP 362,000 100,000 491,761 0 0 0 0 29,761 491,761 3,173,377
102 Frank C. Stipes W Holding Co. Inc. Chairman 308,942 29,167 407,850 0 0 0 0 69,741 407,850 17,154,688
103 Russell McCann Franklin Bank Corp. Executive VP and Treasurer 230,181 103,250 356,178 1,168 36,189 0 0 22,747 393,535 5,537,367
104 David W. Fry Flushing Financial Corp. Senior VP, Treasurer 185,000 68,000 288,503 51,826 12,404 0 33,451 35,503 386,184 2,836,521
105 Kenneth A. Black First Citizens BancShares Inc. Executive VP and Treasurer 328,424 0 338,324 0 0 0 40,303 9,900 378,627 15,729,697
106 Richard C. Larson Wauwatosa Holdings Inc. (MHC) Senior VP and CFO 177,000 130,000 374,255 0 0 0 0 67,255 374,255 1,648,470
107 Brian E. Co.te Downey Financial Corp. Executive VP 220,881 25,000 303,973 0 0 123,750 0 0 369,631 16,207,382
108 Patrick A. Kelly United Community Financial Corp. Treasurer 182,496 18,249 259,122 0 0 100,373 0 58,377 359,495 2,703,545
109 Marlin L. Mosby First Horizon National Corp. Executive VP and CFO 338,461 0 361,305 0 43,345 0 45,072 22,844 348,392 37,918,259
110 Michael J. Fitzpatrick OceanFirst Financial Corp. Executive VP 218,755 0 317,503 0 25,568 0 1,671 98,748 344,742 2,077,002
111 Stephen A. Fowle WSFS Financial Corp. Executive VP 186,000 80,000 296,427 0 35,177 0 0 30,427 331,604 2,997,396
112 Rick B. Co.lberg Bank Mutual Corp. Chief Financial Officer 127,500 0 156,881 105,231 24,630 0 15,998 29,381 302,740 3,451,385
113 Michael W. Harrington First Niagara Financial Group Inc. Chief Financial Officer 164,461 52,000 246,731 3,735 33,806 0 0 30,270 284,272 7,945,526
114 Timothy D. Regan Citizens First Bancorp Inc. Senior VP 140,700 0 188,113 21,312 0 40,100 29,411 47,413 278,936 1,775,142
115 William W. Harvey Northwest Bancorp Inc. (MHC) Executive VP, Finance 152,900 7,645 173,638 51,408 23,066 13,280 14,862 13,093 276,254 6,527,815
116 Charles P. Evanoski ESB Financial Corp. Group Senior VP 143,215 32,000 214,741 3,048 2,345 0 1,074 39,526 221,208 1,922,722
117 James C. Gossett Superior Bancorp Chief Accounting Officer 140,770 0 151,383 0 3,450 21,000 0 10,613 175,833 2,440,990
118 Amie Estrella Partners Trust Financial Group Inc. Senior VP and Secretary 86,878 19,500 207,035 0 34,255 0 0 13,779 154,412 3,746,843
119 John S. Millet Berkshire Hills Bancorp Inc. Senior VP 133,415 0 137,251 15,483 0 0 0 3,836 152,734 2,149,642
120 John M. Presley Marshall & Ilsley Corp. Senior VP 86,833 0 132,760 0 0 0 0 45,927 132,760 56,230,257

Source:

SNL Financial
, Charlottesville, Va.

© 2007 American Banker