Bruce L. Hammonds
2008
In 2008, Bruce L. Hammonds earned a total compensation of $11.1M as Former President, Bank of America Global Card Services at Bank of America.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $213,217 |
|---|---|
| Option Awards | $668,108 |
| Salary | $700,000 |
| Stock Awards | $2,125,222 |
| Other | $7,393,938 |
| Total | $11,100,485 |
Hammonds received $7.4M in other compensation, accounting for 67% of the total pay in 2008.
Hammonds also received $213.2K of change in pension value and nonqualified deferred compensation earnings, $668.1K in option awards, $700K in salary and $2.1M in stock awards.
Rankings
In 2008, Bruce L. Hammonds' compensation ranked 217th out of 9,135 executives tracked by ExecPay. In other words, Hammonds earned more than 97.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 217 out of 9,135 | 98th |
Division Finance, Insurance, And Real Estate | 49 out of 2,034 | 98th |
Major group Depository Institutions | 16 out of 943 | 98th |
Industry group Commercial Banks | 15 out of 802 | 98th |
Industry National Commercial Banks | 10 out of 316 | 97th |
Source: SEC filing on March 18, 2009.
Hammonds' colleagues
We found five more compensation records of executives who worked with Bruce L. Hammonds at Bank of America in 2008.
2008
Kenneth Lewis
Bank of America
Chief Executive Officer
2008
Barbara Desoer
Bank of America
President, Bank of America Mortgage, Home Equity and Insurance Services
2008
Liam McGee
Bank of America
President, Bank of America Consumer and Small Business Banking
2008
Brian Moynihan
Bank of America
Chief Executive Officer
2008
Joe Price
Bank of America