Timothy N. Spence

2018

In 2018, Timothy N. Spence earned a total compensation of $3M as Executive Vice President and Head of Consumer Bank, Payments, and Strategy at Fifth Third Bancorp, a 2% decrease compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$1,200,000
Option Awards$180,000
Salary$479,902
Stock Awards$1,020,011
Other$158,622
Total$3,038,535

Spence received $1.2M in non-equity incentive plan, accounting for 39% of the total pay in 2018.

Spence also received $180K in option awards, $479.9K in salary, $1M in stock awards and $158.6K in other compensation.

Rankings

In 2018, Timothy N. Spence's compensation ranked 3,813th out of 14,244 executives tracked by ExecPay. In other words, Spence earned more than 73.2% of executives.

ClassificationRankingPercentile
All
3,813
out of 14,244
73rd
Division
Finance, Insurance, And Real Estate
707
out of 2,986
76th
Major group
Depository Institutions
138
out of 1,311
90th
Industry group
Commercial Banks
123
out of 1,067
89th
Industry
State Commercial Banks
52
out of 708
93rd

Pay ratio

Timothy N. Spence's Pay$3,038,535
Median Employee's Pay$64,186
Pay Ratio

47

to 1

In 2018, the annual total compensation of Timothy N. Spence was $3,038,535.

The annual total compensation of the median employee at Fifth Third Bancorp was $64,186.

The ratio of Timothy N. Spence's pay to the pay of median employee was therefore 47 to one.

Source: SEC filing on March 6, 2019.

Spence's colleagues

We found five more compensation records of executives who worked with Timothy N. Spence at Fifth Third Bancorp in 2018.

2018

Greg Carmichael

Fifth Third Bancorp

Chief Executive Officer

2018

Lars Anderson

Fifth Third Bancorp

Chief Operating Officer

2018

Teresa Tanner

Fifth Third Bancorp

Chief Administrative Officer

2018

Tayfun Tuzun

Fifth Third Bancorp

Chief Financial Officer

2018

Frank Forrest

Fifth Third Bancorp

Executive Vice President and Chief Risk Officer

News

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