Timothy N. Spence
2016
In 2016, Timothy N. Spence earned a total compensation of $2.8M as Executive Vice President and Head of Payments, Strategy and Digital Solutions at Fifth Third Bancorp, a 41% decrease compared to previous year.
Compensation breakdown
| Bonus | $12,200 |
|---|---|
| Non-Equity Incentive Plan | $900,000 |
| Option Awards | $179,999 |
| Salary | $450,008 |
| Stock Awards | $1,020,008 |
| Other | $252,621 |
| Total | $2,814,836 |
Spence received $1M in stock awards, accounting for 36% of the total pay in 2016.
Spence also received $12.2K in bonus, $900K in non-equity incentive plan, $180K in option awards, $450K in salary and $252.6K in other compensation.
Rankings
In 2016, Timothy N. Spence's compensation ranked 3,440th out of 14,075 executives tracked by ExecPay. In other words, Spence earned more than 75.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,440 out of 14,075 | 76th |
Division Finance, Insurance, And Real Estate | 692 out of 3,060 | 77th |
Major group Depository Institutions | 133 out of 1,387 | 90th |
Industry group Commercial Banks | 118 out of 1,099 | 89th |
Industry State Commercial Banks | 47 out of 728 | 94th |
Source: SEC filing on March 6, 2018.
Spence's colleagues
We found four more compensation records of executives who worked with Timothy N. Spence at Fifth Third Bancorp in 2016.