Ralph W. Babb, Jr
2007
In 2007, Ralph W. Babb, Jr earned a total compensation of $7.7M as Chairman of the Board, President and Chief Executive Officer, Comerica Incorporated and Comerica Bank at Comerica, a 10% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,389,069 |
|---|---|
| Non-Equity Incentive Plan | $2,016,000 |
| Option Awards | $1,247,000 |
| Salary | $960,000 |
| Stock Awards | $1,769,400 |
| Other | $336,421 |
| Total | $7,717,890 |
Babb received $2M in non-equity incentive plan, accounting for 26% of the total pay in 2007.
Babb also received $1.4M of change in pension value and nonqualified deferred compensation earnings, $1.2M in option awards, $960K in salary, $1.8M in stock awards and $336.4K in other compensation.
Rankings
In 2007, Ralph W. Babb, Jr's compensation ranked 443rd out of 8,700 executives tracked by ExecPay. In other words, Babb earned more than 94.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 443 out of 8,700 | 95th |
Division Finance, Insurance, And Real Estate | 116 out of 1,930 | 94th |
Major group Depository Institutions | 33 out of 931 | 97th |
Industry group Commercial Banks | 31 out of 793 | 96th |
Industry National Commercial Banks | 20 out of 327 | 94th |
Source: SEC filing on March 19, 2010.
Babb's colleagues
We found four more compensation records of executives who worked with Ralph W. Babb, Jr at Comerica in 2007.