Paul M. Donofrio
2020
Compensation breakdown
| Bonus | $4,400,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $172,084 |
| Salary | $1,000,000 |
| Stock Awards | $6,559,458 |
| Other | $41,742 |
| Total | $12,173,284 |
Donofrio received $6.6M in stock awards, accounting for 54% of the total pay in 2020.
Donofrio also received $4.4M in bonus, $172.1K of change in pension value and nonqualified deferred compensation earnings, $1M in salary and $41.7K in other compensation.
Rankings
In 2020, Paul M. Donofrio's compensation ranked 598th out of 13,090 executives tracked by ExecPay. In other words, Donofrio earned more than 95.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 598 out of 13,090 | 95th |
Division Finance, Insurance, And Real Estate | 86 out of 2,550 | 97th |
Major group Depository Institutions | 13 out of 1,117 | 99th |
Industry group Commercial Banks | 13 out of 897 | 99th |
Industry National Commercial Banks | 12 out of 317 | 96th |
Pay ratio
| Paul M. Donofrio's Pay | $12,173,284 |
|---|---|
| Median Employee's Pay | $94,866 |
| Pay Ratio | 128to 1 |
In 2020, the annual total compensation of Paul M. Donofrio was $12,173,284.
The annual total compensation of the median employee at Bank of America was $94,866.
The ratio of Paul M. Donofrio's pay to the pay of median employee was therefore 128 to one.
Donofrio's colleagues
We found four more compensation records of executives who worked with Paul M. Donofrio at Bank of America in 2020.
News
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