Paul M. Donofrio
2021
Compensation breakdown
| Bonus | $5,600,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $200,548 |
| Salary | $1,000,000 |
| Stock Awards | $5,826,527 |
| Other | $42,139 |
| Total | $12,669,214 |
Donofrio received $5.8M in stock awards, accounting for 46% of the total pay in 2021.
Donofrio also received $5.6M in bonus, $200.5K of change in pension value and nonqualified deferred compensation earnings, $1M in salary and $42.1K in other compensation.
Rankings
In 2021, Paul M. Donofrio's compensation ranked 716th out of 12,415 executives tracked by ExecPay. In other words, Donofrio earned more than 94.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 716 out of 12,415 | 94th |
Division Finance, Insurance, And Real Estate | 107 out of 2,276 | 95th |
Major group Depository Institutions | 16 out of 1,000 | 98th |
Industry group Commercial Banks | 16 out of 800 | 98th |
Industry National Commercial Banks | 10 out of 277 | 96th |
Pay ratio
| Paul M. Donofrio's Pay | $12,669,214 |
|---|---|
| Median Employee's Pay | $102,497 |
| Pay Ratio | 124to 1 |
In 2021, the annual total compensation of Paul M. Donofrio was $12,669,214.
The annual total compensation of the median employee at Bank of America was $102,497.
The ratio of Paul M. Donofrio's pay to the pay of median employee was therefore 124 to one.
Donofrio's colleagues
We found five more compensation records of executives who worked with Paul M. Donofrio at Bank of America in 2021.
2021
Matthew Koder
Bank of America
President, Global Corporate and Investment Banking
2021
Brian Moynihan
Bank of America
Chief Executive Officer
2021
Thomas Montag
Bank of America
Chief Operating Officer
2021
James DeMare
Bank of America
President, Global Markets
2021
Alastair Borthwick
Bank of America
Chief Financial Officer
News
March 7, 2022
March 8, 2021
March 9, 2020
March 13, 2019