How Kedia was paid
$16.7M 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 | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Gunjan KediaChief Executive Officer and President | $1,141,667 | $11,499,996 | $3,232,267 | $453,208 | $347,377 | $16,674,515 |
| Andrew CecereExecutive Chairman and former Chief Executive Officer | $1,400,000 | $10,999,969 | $1,506,342 | $5,086,461 | $61,876 | $19,054,648 |
| John C. SternVice Chair and Chief Financial Officer | $750,000 | $3,000,008 | $1,778,625 | $196,645 | $40,747 | $5,766,025 |
| Jodi L. RichardVice Chair and Chief Risk Officer | $800,000 | $6,999,988 | $1,897,200 | $258,937 | $48,157 | $10,004,282 |
| Stephen L. PhilipsonVice Chair, Head of Wealth, Corporate, Commercial and Institutional Banking | $725,000 | $3,299,995 | $1,706,650 | $320,428 | $41,070 | $6,093,143 |
| Elcio R.T. BarcelosSenior Executive Vice President and Chief Human Resources Officer | $675,000 | $2,899,997 | $1,280,610 | $123,393 | $59,162 | $5,038,162 |
| Terrance R. DolanFormer Vice Chair and Chief Administration Officer | $196,724 | $5,200,020 | — | $490,885 | $77,511 | $5,965,140 |
What changed and why
- $16.7MGunjan Kedia became Chief Executive Officer in April 2025, increasing her total compensation to $16,674,515.
- $19.1MAndrew Cecere transitioned to Executive Chairman with total compensation of $19,054,648 for fiscal year 2025.
- 105.4%Annual cash incentive payouts for named executive officers ranged from 105.4% to 117.7% of target amounts.
- 90.9%Shareholders demonstrated strong support with 90.9% voting in favor of the say-on-pay proposal at the 2025 annual meeting.
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.