How Jr. was paid
$10.2M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|
| Frank B. Holding, Jr.Chairman and Chief Executive Officer | $1,040,000 | $8,696,250 | $495,600 | $15,750 | $10,247,600 |
| Craig L. NixChief Financial Officer | $725,000 | $4,290,625 | $209,709 | $15,750 | $5,241,084 |
| Hope H. BryantVice Chairwoman | $725,000 | $5,200,000 | $357,450 | $48,538 | $6,330,988 |
| Peter M. BristowPresident | $725,000 | $5,200,000 | $350,900 | $15,750 | $6,291,650 |
| Lorie K. RuppChief Risk Officer | $575,000 | $2,812,500 | $0 | $31,500 | $3,419,000 |
What changed and why
- $10.2MFrank B. Holding, Jr. received a total compensation of $10,247,600 for fiscal 2025, reflecting a decrease from the prior year.
- Non-equity incentive plan compensation comprised the largest share of executive compensation through long-term incentive and merger performance plans.
- The ratio of the CEO's annual total compensation to the median associate's compensation was 81:1 for fiscal 2025.
- 98%Stockholders strongly supported the say-on-pay resolution at the prior annual meeting with over 98% voting in favor.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.