Kevin Cummings
2015
In 2015, Kevin Cummings earned a total compensation of $22.4M as President and Chief Executive Officer at Investors Bancorp, a 186% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,411,000 |
|---|---|
| Non-Equity Incentive Plan | $2,076,923 |
| Option Awards | $4,159,999 |
| Salary | $1,000,000 |
| Stock Awards | $12,540,000 |
| Other | $230,035 |
| Total | $22,417,957 |
Cummings received $12.5M in stock awards, accounting for 56% of the total pay in 2015.
Cummings also received $2.4M of change in pension value and nonqualified deferred compensation earnings, $2.1M in non-equity incentive plan, $4.2M in option awards, $1M in salary and $230K in other compensation.
Rankings
In 2015, Kevin Cummings' compensation ranked 86th out of 13,638 executives tracked by ExecPay. In other words, Cummings earned more than 99.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 86 out of 13,638 | 99th |
Division Finance, Insurance, And Real Estate | 15 out of 2,966 | 100th |
Major group Depository Institutions | 2 out of 1,316 | 100th |
Industry group Commercial Banks | 2 out of 1,038 | 100th |
Industry State Commercial Banks | 1 out of 683 | 100th |
Source: SEC filing on April 13, 2017.
Cummings' colleagues
We found four more compensation records of executives who worked with Kevin Cummings at Investors Bancorp in 2015.
2015
Domenick Cama
Investors Bancorp
Chief Operating Officer
2015
Paul Kalamaras
Investors Bancorp
Executive Vice President and Chief Retail Banking Officer
2015
Richard Spengler
Investors Bancorp
Executive Vice President and Chief Lending Officer
2015
Sean Burke
Investors Bancorp