Paul M. Donofrio

2019

In 2019, Paul M. Donofrio earned a total compensation of $12.6M as Chief Financial Officer at Bank of America, a 6% increase compared to previous year.

Compensation breakdown

Bonus$4,800,000
Change in Pension Value and Nonqualified Deferred Compensation Earnings$182,239
Salary$1,000,000
Stock Awards$6,560,949
Other$52,124
Total$12,595,312

Donofrio received $6.6M in stock awards, accounting for 52% of the total pay in 2019.

Donofrio also received $4.8M in bonus, $182.2K of change in pension value and nonqualified deferred compensation earnings, $1M in salary and $52.1K in other compensation.

Rankings

In 2019, Paul M. Donofrio's compensation ranked 481st out of 13,971 executives tracked by ExecPay. In other words, Donofrio earned more than 96.6% of executives.

ClassificationRankingPercentile
All
481
out of 13,971
97th
Division
Finance, Insurance, And Real Estate
84
out of 2,894
97th
Major group
Depository Institutions
20
out of 1,219
98th
Industry group
Commercial Banks
20
out of 1,007
98th
Industry
National Commercial Banks
18
out of 369
95th

Pay ratio

Paul M. Donofrio's Pay$12,595,312
Median Employee's Pay$94,256
Pay Ratio

134

to 1

In 2019, the annual total compensation of Paul M. Donofrio was $12,595,312.

The annual total compensation of the median employee at Bank of America was $94,256.

The ratio of Paul M. Donofrio's pay to the pay of median employee was therefore 134 to one.

Source: SEC filing on March 9, 2020.

Donofrio's colleagues

We found four more compensation records of executives who worked with Paul M. Donofrio at Bank of America in 2019.

2019

Brian Moynihan

Bank of America

Chief Executive Officer

2019

Thomas Montag

Bank of America

Chief Operating Officer

2019

Geoffrey Greener

Bank of America

Chief Risk Officer

2019

Dean Athanasia

Bank of America

President, Retail and Preferred &Small Business Banking

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