Greg D. Carmichael

2020

In 2020, Greg D. Carmichael earned a total compensation of $9.8M as Chairman and Chief Executive Officer at Fifth Third Bancorp, a 9% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$2,860,000
Option Awards$825,002
Salary$1,100,070
Stock Awards$4,674,998
Other$306,408
Total$9,766,478

Carmichael received $4.7M in stock awards, accounting for 48% of the total pay in 2020.

Carmichael also received $2.9M in non-equity incentive plan, $825K in option awards, $1.1M in salary and $306.4K in other compensation.

Rankings

In 2020, Greg D. Carmichael's compensation ranked 858th out of 13,090 executives tracked by ExecPay. In other words, Carmichael earned more than 93.4% of executives.

ClassificationRankingPercentile
All
858
out of 13,090
93rd
Division
Finance, Insurance, And Real Estate
137
out of 2,550
95th
Major group
Depository Institutions
21
out of 1,117
98th
Industry group
Commercial Banks
20
out of 897
98th
Industry
State Commercial Banks
4
out of 569
99th

Pay ratio

Greg D. Carmichael's Pay$9,766,478
Median Employee's Pay$69,436
Pay Ratio

141

to 1

In 2020, the annual total compensation of Greg D. Carmichael was $9,766,478.

The annual total compensation of the median employee at Fifth Third Bancorp was $69,436.

The ratio of Greg D. Carmichael's pay to the pay of median employee was therefore 141 to one.

Source: SEC filing on March 2, 2021.

Carmichael's colleagues

We found six more compensation records of executives who worked with Greg D. Carmichael at Fifth Third Bancorp in 2020.

2020

Lars Anderson

Fifth Third Bancorp

Chairman

2020

Timothy Spence

Fifth Third Bancorp

President, Fifth Third Bancorp

2020

Frank Forrest

Fifth Third Bancorp

Former Executive Vice President and Chief Risk Officer

2020

Tayfun Tuzun

Fifth Third Bancorp

Chief Financial Officer

2020

Robert Shaffer

Fifth Third Bancorp

Executive Vice President and Chief Risk Officer

2020

James Leonard

Fifth Third Bancorp

Chief Financial Officer

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