Curtis C. Farmer

2021

In 2021, Curtis C. Farmer earned a total compensation of $7.7M as Chairman, President and Chief Executive Officer at Comerica, a 53% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$114,858
Non-Equity Incentive Plan$2,740,500
Option Awards$374,728
Salary$1,015,827
Stock Awards$3,430,854
Other$19,327
Total$7,696,094

Farmer received $3.4M in stock awards, accounting for 45% of the total pay in 2021.

Farmer also received $114.9K of change in pension value and nonqualified deferred compensation earnings, $2.7M in non-equity incentive plan, $374.7K in option awards, $1M in salary and $19.3K in other compensation.

Rankings

In 2021, Curtis C. Farmer's compensation ranked 1,520th out of 12,415 executives tracked by ExecPay. In other words, Farmer earned more than 87.8% of executives.

ClassificationRankingPercentile
All
1,520
out of 12,415
88th
Division
Finance, Insurance, And Real Estate
245
out of 2,276
89th
Major group
Depository Institutions
41
out of 1,000
96th
Industry group
Commercial Banks
39
out of 800
95th
Industry
National Commercial Banks
24
out of 277
91st

Pay ratio

Curtis C. Farmer's Pay$7,696,094
Median Employee's Pay$102,385
Pay Ratio

75

to 1

In 2021, the annual total compensation of Curtis C. Farmer was $7,696,094.

The annual total compensation of the median employee at Comerica was $102,385.

The ratio of Curtis C. Farmer's pay to the pay of median employee was therefore 75 to one.

Source: SEC filing on March 15, 2022.

Farmer's colleagues

We found four more compensation records of executives who worked with Curtis C. Farmer at Comerica in 2021.

2021

James Herzog

Comerica

Chief Financial Officer

2021

John Buchanan

Comerica

Chief Legal Officer

2021

Peter Sefzik

Comerica

Executive Vice President, Commercial Bank

2021

Jay Oberg

Comerica

Executive Vice President and Chief Risk Officer

News

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