Kevin Cummings

Investors Bancorp

Chairman and Chief Executive Officer

Overview

Kevin Cummings made an average of $8.9M in compensation at Investors Bancorp from 2014 to 2018.

Annual data

2018

In 2018, Kevin Cummings earned a total compensation of $3.4M as Chairman and Chief Executive Officer at Investors Bancorp.

Ranking2,240 out of 8,528
Percentile73.7%

Kevin Cummings' 2018 compensation ranked 2,240th out of 8,528 executive pay records tracked by us this year.

Cummings earned more than 73.7% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking92 out of 789
Percentile88.3%

In the industry group of Commercial Banks, Cummings' pay ranked 92nd out of 789 executive pay records tracked by us in 2018.

Cummings earned more than 88.3% of executives in this group.

Non-Equity Incentive Plan$2,150,000
Salary$1,075,000
Other$184,430
Total$3,409,430

Cummings received $2.2M in non-equity incentive plan, which accounts for 63.06% of total compensation.

Cummings also received $1.1M in salary and $184.4K in other compensation.

Kevin Cummings' Pay$3,409,430
Median Employee's Pay$59,531
Pay Ratio57 : 1

For fiscal year 2018, the annual total compensation for Kevin Cummings was $3,409,430 and for the median employee at Investors Bancorp was $59,531. The resulting ratio of Kevin Cummings' pay to the pay of median employee was 57 to one.

2017

In 2017, Kevin Cummings earned a total compensation of $5.7M as President and Chief Executive Officer at Investors Bancorp.

Ranking1,453 out of 13,202
Percentile89.0%

Kevin Cummings' 2017 compensation ranked 1,453rd out of 13,202 executive pay records tracked by us this year.

Cummings earned more than 89.0% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking58 out of 1,032
Percentile94.4%

In the industry group of Commercial Banks, Cummings' pay ranked 58th out of 1,032 executive pay records tracked by us in 2017.

Cummings earned more than 94.4% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$2,282,000
Non-Equity Incentive Plan$2,134,090
Salary$1,075,000
Other$215,557
Total$5,706,647

Cummings received $2.3M of change in pension value and nonqualified deferred compensation earnings, which accounts for 39.99% of total compensation.

Cummings also received $2.1M in non-equity incentive plan, $1.1M in salary and $215.6K in other compensation.

2016

In 2016, Kevin Cummings earned a total compensation of $5.1M as President and Chief Executive Officer at Investors Bancorp.

Ranking1,560 out of 13,871
Percentile88.8%

Kevin Cummings' 2016 compensation ranked 1,560th out of 13,871 executive pay records tracked by us this year.

Cummings earned more than 88.8% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking57 out of 1,069
Percentile94.7%

In the industry group of Commercial Banks, Cummings' pay ranked 57th out of 1,069 executive pay records tracked by us in 2016.

Cummings earned more than 94.7% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,982,000
Non-Equity Incentive Plan$1,820,000
Salary$1,000,000
Other$265,911
Total$5,067,911

Cummings received $2M of change in pension value and nonqualified deferred compensation earnings, which accounts for 39.11% of total compensation.

Cummings also received $1.8M in non-equity incentive plan, $1M in salary and $265.9K in other compensation.

2015

In 2015, Kevin Cummings earned a total compensation of $22.4M as President and Chief Executive Officer at Investors Bancorp.

Ranking86 out of 13,574
Percentile99.4%

Kevin Cummings' 2015 compensation ranked 86th out of 13,574 executive pay records tracked by us this year.

Cummings earned more than 99.4% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking2 out of 1,024
Percentile99.8%

In the industry group of Commercial Banks, Cummings' pay ranked 2nd out of 1,024 executive pay records tracked by us in 2015.

Cummings earned more than 99.8% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$2,411,000
Non-Equity Incentive Plan$2,076,923
Option Awards$4,159,999
Salary$1,000,000
Stock Awards$12,540,000
Other$230,035
Total$22,417,957

Cummings received $12.5M in stock awards, which accounts for 55.94% of total compensation.

Cummings also received $2.4M of change in pension value and nonqualified deferred compensation earnings, $2.1M in non-equity incentive plan, $4.2M in option awards, $1M in salary and $230K in other compensation.

2014

In 2014, Kevin Cummings earned a total compensation of $7.8M as President and Chief Executive Officer at Investors Bancorp.

Ranking799 out of 12,876
Percentile93.8%

Kevin Cummings' 2014 compensation ranked 799th out of 12,876 executive pay records tracked by us this year.

Cummings earned more than 93.8% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking36 out of 993
Percentile96.4%

In the industry group of Commercial Banks, Cummings' pay ranked 36th out of 993 executive pay records tracked by us in 2014.

Cummings earned more than 96.4% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$5,058,000
Non-Equity Incentive Plan$1,500,000
Salary$1,000,000
Other$278,700
Total$7,836,700

Cummings received $5.1M of change in pension value and nonqualified deferred compensation earnings, which accounts for 64.54% of total compensation.

Cummings also received $1.5M in non-equity incentive plan, $1M in salary and $278.7K in other compensation.