How Jr. was paid
$14.3M 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 | Bonus | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| William H. Rogers, Jr.Chairman and Chief Executive Officer | $1,200,000 | — | $7,275,126 | $4,095,000 | $1,282,068 | $461,576 | $14,313,770 |
| Michael B. MaguireSenior Executive Vice President and Chief Financial Officer | $762,500 | — | $2,265,039 | $1,669,414 | $247,315 | $100,379 | $5,044,647 |
| Kristin LesherSenior Executive Vice President and Chief Wholesale Banking Officer | $770,833 | — | $3,515,080 | $1,656,563 | $279,265 | $313,165 | $6,534,906 |
| Dontá L. WilsonSenior Executive Vice President and Chief Consumer and Small Business Banking Officer | $770,833 | $1,334 | $2,526,373 | $1,616,263 | $1,245,844 | $126,864 | $6,287,512 |
| Bradley D. BenderSenior Executive Vice President and Chief Risk Officer | $675,833 | — | $1,636,762 | $1,285,200 | $305,509 | $14,000 | $3,917,304 |
| Hugh S. Cummins IIIFormer Vice Chair and Chief Operating Officer | $54,965 | — | — | — | $449,453 | $6,188,702 | $6,693,120 |
What changed and why
- $14.3MChief Executive Officer total compensation was $14,313,770 for 2025 compared to $13,951,543 in 2024.
- 59%Following 59% say-on-pay support in 2025, extensive shareholder outreach was conducted with 11 meetings held.
- No one-time awards were granted to named executive officers in 2025.
- 60%Annual incentive performance program was enhanced with new weightings of 60% financial measures and 40% strategic priorities.
- Relative 3-year average adjusted ROCE performed below threshold resulting in no PSUs or LTIP payouts earned.
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.