Ralph W. Babb, Jr
2018
In 2018, Ralph W. Babb, Jr earned a total compensation of $10M as Chairman of the Board and Chief Executive Officer, Comerica Incorporated and Comerica Bank at Comerica, a 17% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,512,077 |
|---|---|
| Non-Equity Incentive Plan | $2,964,010 |
| Option Awards | $429,028 |
| Salary | $1,312,116 |
| Stock Awards | $3,811,611 |
| Other | $11,000 |
| Total | $10,039,842 |
Babb received $3.8M in stock awards, accounting for 38% of the total pay in 2018.
Babb also received $1.5M of change in pension value and nonqualified deferred compensation earnings, $3M in non-equity incentive plan, $429K in option awards, $1.3M in salary and $11K in other compensation.
Rankings
In 2018, Ralph W. Babb, Jr's compensation ranked 682nd out of 14,244 executives tracked by ExecPay. In other words, Babb earned more than 95.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 682 out of 14,244 | 95th |
Division Finance, Insurance, And Real Estate | 123 out of 2,986 | 96th |
Major group Depository Institutions | 24 out of 1,311 | 98th |
Industry group Commercial Banks | 23 out of 1,067 | 98th |
Industry National Commercial Banks | 22 out of 347 | 94th |
Source: SEC filing on March 12, 2019.
Babb's colleagues
We found five more compensation records of executives who worked with Ralph W. Babb, Jr at Comerica in 2018.
2018
Curtis Farmer
Comerica
President, Comerica Incorporated and Comerica Bank
2018
John Buchanan
Comerica
Chief Legal Officer
2018
Muneera Carr
Comerica
Chief Financial Officer
2018
Michael Michalak
Comerica
Former Executive Vice President and Chief Risk Officer, Comerica Incorporated and Comerica Bank
2018
David Duprey
Comerica