George A. Schaefer, Jr
2007
In 2007, George A. Schaefer, Jr earned a total compensation of $6.9M as Chairman and former Chief Executive Officer at Fifth Third Bancorp, a 12% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $676,700 |
|---|---|
| Non-Equity Incentive Plan | $1,104,840 |
| Option Awards | $2,580,462 |
| Salary | $990,018 |
| Stock Awards | $1,244,457 |
| Other | $265,619 |
| Total | $6,862,096 |
Schaefer received $2.6M in option awards, accounting for 38% of the total pay in 2007.
Schaefer also received $676.7K of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $990K in salary, $1.2M in stock awards and $265.6K in other compensation.
Rankings
In 2007, George A. Schaefer, Jr's compensation ranked 525th out of 8,700 executives tracked by ExecPay. In other words, Schaefer earned more than 94.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 525 out of 8,700 | 94th |
Division Finance, Insurance, And Real Estate | 135 out of 1,930 | 93rd |
Major group Depository Institutions | 40 out of 931 | 96th |
Industry group Commercial Banks | 38 out of 793 | 95th |
Industry State Commercial Banks | 12 out of 466 | 97th |
Source: SEC filing on March 6, 2008.
Schaefer's colleagues
We found five more compensation records of executives who worked with George A. Schaefer, Jr at Fifth Third Bancorp in 2007.
2007
Kevin Kabat
Fifth Third Bancorp
Chief Executive Officer
2007
Greg Carmichael
Fifth Third Bancorp
Chief Operating Officer
2007
Robert Sullivan
Fifth Third Bancorp
Executive Vice President
2007
Christopher Marshall
Fifth Third Bancorp
Chief Financial Officer
2007
Charles Drucker
Fifth Third Bancorp