Terrence P. Laughlin
2017
In 2017, Terrence P. Laughlin earned a total compensation of $11.1M as Vice Chairman and Head of Global Wealth & Investment Management at Bank of America, a 16% increase compared to previous year.
Compensation breakdown
| Bonus | $4,100,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $7,553 |
| Salary | $987,500 |
| Stock Awards | $5,952,440 |
| Other | $50,862 |
| Total | $11,098,355 |
Laughlin received $6M in stock awards, accounting for 54% of the total pay in 2017.
Laughlin also received $4.1M in bonus, $7.6K of change in pension value and nonqualified deferred compensation earnings, $987.5K in salary and $50.9K in other compensation.
Rankings
In 2017, Terrence P. Laughlin's compensation ranked 525th out of 14,666 executives tracked by ExecPay. In other words, Laughlin earned more than 96.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 525 out of 14,666 | 96th |
Division Finance, Insurance, And Real Estate | 107 out of 3,159 | 97th |
Major group Depository Institutions | 25 out of 1,402 | 98th |
Industry group Commercial Banks | 25 out of 1,112 | 98th |
Industry National Commercial Banks | 22 out of 369 | 94th |
Source: SEC filing on March 12, 2018.
Laughlin's colleagues
We found four more compensation records of executives who worked with Terrence P. Laughlin at Bank of America in 2017.