KeyCorp. CEO Beth Mooney's 2018 pay rises 11% to $9.1M
KeyCorp. reports 2018 executive compensation
By ExecPay News
Published: April 5, 2019
KeyCorp. reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, six KeyCorp. executives received on average a compensation package of $4.6M, a 5% decrease compared to previous year.
Beth E. Mooney, Chief Executive Officer, received $9.1M in total, which increased by 11% compared to 2017. 53% of Mooney's compensation, or $4.8M, was in stock awards. Mooney also received $4.6K of change in pension value and nonqualified deferred compensation earnings, $2.5M in non-equity incentive plan, $532K in option awards, $1.2M in salary, as well as $81K in other compensation.
For fiscal year 2018, the median employee pay was $62,853 at KeyCorp.. Therefore, the ratio of Beth E. Mooney's pay to the median employee pay was 144 to one.
Christopher M. Gorman, President of Banking, Vice Chair, received a compensation package of $5.1M, which decreased by 1% compared to previous year. 46% of the compensation package, or $2.3M, was in stock awards.
Andrew J. Randy Paine III, Co-Head, Key Corporate Bank, earned $4M in 2018, a 2% decrease compared to previous year.
Donald R. Kimble, Chief Financial Officer, received $3.5M in 2018, which decreases by 3% compared to 2017.
Mark W. Midkiff, Chief Risk Officer, earned $3.3M in 2018.
Amy G. Brady, Chief Information Officer, received $2.8M in 2018, which decreases by 16% compared to 2017.