Hugh S. Cummins III
2021
In 2021, Hugh S. Cummins III earned a total compensation of $11.7M as Vice Chair at BB&T.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $613,716 |
|---|---|
| Non-Equity Incentive Plan | $2,346,960 |
| Salary | $780,000 |
| Stock Awards | $7,789,545 |
| Other | $179,942 |
| Total | $11,710,163 |
Cummins received $7.8M in stock awards, accounting for 67% of the total pay in 2021.
Cummins also received $613.7K of change in pension value and nonqualified deferred compensation earnings, $2.3M in non-equity incentive plan, $780K in salary and $179.9K in other compensation.
Rankings
In 2021, Hugh S. Cummins III's compensation ranked 808th out of 12,404 executives tracked by ExecPay. In other words, Cummins earned more than 93.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 808 out of 12,404 | 94th |
Division Finance, Insurance, And Real Estate | 124 out of 2,278 | 95th |
Major group Depository Institutions | 19 out of 1,000 | 98th |
Industry group Commercial Banks | 19 out of 800 | 98th |
Industry National Commercial Banks | 12 out of 277 | 96th |
Source: SEC filing on March 14, 2022.
Cummins' colleagues
We found six more compensation records of executives who worked with Hugh S. Cummins III at BB&T in 2021.
2021
Kelly King
BB&T
Chairman
2021
William Rogers
BB&T
Chief Executive Officer
2021
Christopher Henson
BB&T
Retired, SVP and Head of Banking and Insurance
2021
Clarke Starnes
BB&T
Senior Executive Vice President and Chief Risk Officer
2021
Daryl Bible
BB&T
Chief Financial Officer
2021
John Howard
BB&T