Thomas K. Montag
2021
Compensation breakdown
| Bonus | $8,300,000 |
|---|---|
| Salary | $1,250,000 |
| Stock Awards | $9,401,821 |
| Other | $142,131 |
| Total | $19,093,952 |
Montag received $9.4M in stock awards, accounting for 49% of the total pay in 2021.
Montag also received $8.3M in bonus, $1.3M in salary and $142.1K in other compensation.
Rankings
In 2021, Thomas K. Montag's compensation ranked 358th out of 12,415 executives tracked by ExecPay. In other words, Montag earned more than 97.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 358 out of 12,415 | 97th |
Division Finance, Insurance, And Real Estate | 56 out of 2,276 | 98th |
Major group Depository Institutions | 7 out of 1,000 | 99th |
Industry group Commercial Banks | 7 out of 800 | 99th |
Industry National Commercial Banks | 6 out of 277 | 98th |
Pay ratio
| Thomas K. Montag's Pay | $19,093,952 |
|---|---|
| Median Employee's Pay | $102,497 |
| Pay Ratio | 186to 1 |
In 2021, the annual total compensation of Thomas K. Montag was $19,093,952.
The annual total compensation of the median employee at Bank of America was $102,497.
The ratio of Thomas K. Montag's pay to the pay of median employee was therefore 186 to one.
Montag's colleagues
We found five more compensation records of executives who worked with Thomas K. Montag 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
James DeMare
Bank of America
President, Global Markets
2021
Paul Donofrio
Bank of America
Chief Financial Officer
2021
Alastair Borthwick
Bank of America
Chief Financial Officer
News
March 7, 2022
March 8, 2021
March 9, 2020
March 13, 2019