Eric W. Aboaf
2020
In 2020, Eric W. Aboaf earned a total compensation of $6.6M as Executive Vice President and Chief Financial Officer at State Street, a 23% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,209,463 |
|---|---|
| Salary | $700,000 |
| Stock Awards | $3,656,248 |
| Other | $62,956 |
| Total | $6,628,667 |
Aboaf received $3.7M in stock awards, accounting for 55% of the total pay in 2020.
Aboaf also received $2.2M in non-equity incentive plan, $700K in salary and $63K in other compensation.
Rankings
In 2020, Eric W. Aboaf's compensation ranked 1,512th out of 13,090 executives tracked by ExecPay. In other words, Aboaf earned more than 88.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,512 out of 13,090 | 88th |
Division Finance, Insurance, And Real Estate | 263 out of 2,551 | 90th |
Major group Depository Institutions | 37 out of 1,117 | 97th |
Industry group Commercial Banks | 36 out of 897 | 96th |
Industry State Commercial Banks | 13 out of 569 | 98th |
Pay ratio
| Eric W. Aboaf's Pay | $6,628,667 |
|---|---|
| Median Employee's Pay | $59,199 |
| Pay Ratio | 112to 1 |
In 2020, the annual total compensation of Eric W. Aboaf was $6,628,667.
The annual total compensation of the median employee at State Street was $59,199.
The ratio of Eric W. Aboaf's pay to the pay of median employee was therefore 112 to one.
Source: SEC filing on April 6, 2021.
Aboaf's colleagues
We found four more compensation records of executives who worked with Eric W. Aboaf at State Street in 2020.