James M. Wells III
2008
In 2008, James M. Wells III earned a total compensation of $8.1M as Chairman and Chief Executive Officer at SunTrust Banks, a 78% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $49,612 |
|---|---|
| Option Awards | $2,120,000 |
| Salary | $1,077,300 |
| Stock Awards | $4,721,150 |
| Other | $123,825 |
| Total | $8,091,887 |
Wells received $4.7M in stock awards, accounting for 58% of the total pay in 2008.
Wells also received $49.6K of change in pension value and nonqualified deferred compensation earnings, $2.1M in option awards, $1.1M in salary and $123.8K in other compensation.
Rankings
In 2008, James M. Wells III's compensation ranked 382nd out of 9,135 executives tracked by ExecPay. In other words, Wells earned more than 95.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 382 out of 9,135 | 96th |
Division Finance, Insurance, And Real Estate | 82 out of 2,034 | 96th |
Major group Depository Institutions | 29 out of 943 | 97th |
Industry group Commercial Banks | 27 out of 802 | 97th |
Industry National Commercial Banks | 17 out of 316 | 95th |
Source: SEC filing on March 5, 2010.
Wells' colleagues
We found two more compensation records of executives who worked with James M. Wells III at SunTrust Banks in 2008.