Greg D. Carmichael

2019

In 2019, Greg D. Carmichael earned a total compensation of $9M as Chairman, President, and Chief Executive Officer at Fifth Third Bancorp, a 19% decrease compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$2,200,000
Option Awards$787,498
Salary$1,100,070
Stock Awards$4,462,507
Other$449,162
Total$8,999,237

Carmichael received $4.5M in stock awards, accounting for 50% of the total pay in 2019.

Carmichael also received $2.2M in non-equity incentive plan, $787.5K in option awards, $1.1M in salary and $449.2K in other compensation.

Rankings

In 2019, Greg D. Carmichael's compensation ranked 902nd out of 13,971 executives tracked by ExecPay. In other words, Carmichael earned more than 93.5% of executives.

ClassificationRankingPercentile
All
902
out of 13,971
94th
Division
Finance, Insurance, And Real Estate
179
out of 2,901
94th
Major group
Depository Institutions
41
out of 1,223
97th
Industry group
Commercial Banks
39
out of 1,011
96th
Industry
State Commercial Banks
9
out of 627
99th

Pay ratio

Greg D. Carmichael's Pay$8,999,237
Median Employee's Pay$68,103
Pay Ratio

132

to 1

In 2019, the annual total compensation of Greg D. Carmichael was $8,999,237.

The annual total compensation of the median employee at Fifth Third Bancorp was $68,103.

The ratio of Greg D. Carmichael's pay to the pay of median employee was therefore 132 to one.

Source: SEC filing on March 4, 2020.

Carmichael's colleagues

We found four more compensation records of executives who worked with Greg D. Carmichael at Fifth Third Bancorp in 2019.

2019

Lars Anderson

Fifth Third Bancorp

Chief Operating Officer

2019

Tayfun Tuzun

Fifth Third Bancorp

Chief Financial Officer

2019

Timothy Spence

Fifth Third Bancorp

Executive Vice President and Head of Consumer Bank, Payments, and Strategy

2019

Frank Forrest

Fifth Third Bancorp

Executive Vice President and Chief Risk Officer

News

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