Thomas K. Montag
2018
Compensation breakdown
| Bonus | $7,700,000 |
|---|---|
| Salary | $1,250,000 |
| Stock Awards | $9,819,320 |
| Other | $20,000 |
| Total | $18,789,320 |
Montag received $9.8M in stock awards, accounting for 52% of the total pay in 2018.
Montag also received $7.7M in bonus, $1.3M in salary and $20K in other compensation.
Rankings
In 2018, Thomas K. Montag's compensation ranked 193rd out of 14,244 executives tracked by ExecPay. In other words, Montag earned more than 98.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 193 out of 14,244 | 99th |
Division Finance, Insurance, And Real Estate | 31 out of 2,986 | 99th |
Major group Depository Institutions | 8 out of 1,311 | 99th |
Industry group Commercial Banks | 8 out of 1,067 | 99th |
Industry National Commercial Banks | 8 out of 347 | 98th |
Pay ratio
| Thomas K. Montag's Pay | $18,789,320 |
|---|---|
| Median Employee's Pay | $92,040 |
| Pay Ratio | 204to 1 |
In 2018, the annual total compensation of Thomas K. Montag was $18,789,320.
The annual total compensation of the median employee at Bank of America was $92,040.
The ratio of Thomas K. Montag's pay to the pay of median employee was therefore 204 to one.
Montag's colleagues
We found six more compensation records of executives who worked with Thomas K. Montag at Bank of America in 2018.
2018
Brian Moynihan
Bank of America
Chief Executive Officer
2018
Terrence Laughlin
Bank of America
Chairman
2018
Paul Donofrio
Bank of America
Chief Financial Officer
2018
Geoffrey Greener
Bank of America
Chief Risk Officer
2018
Thong Nguyen
Bank of America
Chairman
2018
Dean Athanasia
Bank of America
President, Retail and Preferred & Small Business Banking
News
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March 13, 2019