Eric W. Aboaf
2021
In 2021, Eric W. Aboaf earned a total compensation of $7.3M as Executive Vice President and Chief Financial Officer at State Street, a 10% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,425,500 |
|---|---|
| Salary | $700,000 |
| Stock Awards | $4,095,138 |
| Other | $96,739 |
| Total | $7,317,377 |
Aboaf received $4.1M in stock awards, accounting for 56% of the total pay in 2021.
Aboaf also received $2.4M in non-equity incentive plan, $700K in salary and $96.7K in other compensation.
Rankings
In 2021, Eric W. Aboaf's compensation ranked 1,641st out of 12,415 executives tracked by ExecPay. In other words, Aboaf earned more than 86.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,641 out of 12,415 | 87th |
Division Finance, Insurance, And Real Estate | 260 out of 2,276 | 89th |
Major group Depository Institutions | 44 out of 1,000 | 96th |
Industry group Commercial Banks | 42 out of 800 | 95th |
Industry State Commercial Banks | 18 out of 512 | 97th |
Pay ratio
| Eric W. Aboaf's Pay | $7,317,377 |
|---|---|
| Median Employee's Pay | $61,463 |
| Pay Ratio | 119to 1 |
In 2021, the annual total compensation of Eric W. Aboaf was $7,317,377.
The annual total compensation of the median employee at State Street was $61,463.
The ratio of Eric W. Aboaf's pay to the pay of median employee was therefore 119 to one.
Source: SEC filing on April 6, 2022.
Aboaf's colleagues
We found four more compensation records of executives who worked with Eric W. Aboaf at State Street in 2021.