James M. Wells III
2007
In 2007, James M. Wells III earned a total compensation of $4.5M as Chairman and Chief Executive Officer at SunTrust Banks, a 26% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $49,658 |
|---|---|
| Non-Equity Incentive Plan | $600,000 |
| Option Awards | $2,730,250 |
| Salary | $1,000,000 |
| Other | $169,944 |
| Total | $4,549,852 |
Wells received $2.7M in option awards, accounting for 60% of the total pay in 2007.
Wells also received $49.7K of change in pension value and nonqualified deferred compensation earnings, $600K in non-equity incentive plan, $1M in salary and $169.9K in other compensation.
Rankings
In 2007, James M. Wells III's compensation ranked 924th out of 8,700 executives tracked by ExecPay. In other words, Wells earned more than 89.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 924 out of 8,700 | 89th |
Division Finance, Insurance, And Real Estate | 206 out of 1,930 | 89th |
Major group Depository Institutions | 56 out of 931 | 94th |
Industry group Commercial Banks | 51 out of 793 | 94th |
Industry National Commercial Banks | 35 out of 327 | 89th |
Source: SEC filing on March 5, 2010.
Wells' colleagues
We found four more compensation records of executives who worked with James M. Wells III at SunTrust Banks in 2007.