Michael E. Bannister
2007
In 2007, Michael E. Bannister earned a total compensation of $8.7M as Executive Vice President, CEO Ford Motor Credit Company at Ford Motor, a 216% increase compared to previous year.
Compensation breakdown
| Bonus | $439,231 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,514,273 |
| Non-Equity Incentive Plan | $1,710,769 |
| Option Awards | $2,898,497 |
| Salary | $708,700 |
| Stock Awards | $1,347,310 |
| Other | $58,967 |
| Total | $8,677,747 |
Bannister received $2.9M in option awards, accounting for 33% of the total pay in 2007.
Bannister also received $439.2K in bonus, $1.5M of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $708.7K in salary, $1.3M in stock awards and $59K in other compensation.
Rankings
In 2007, Michael E. Bannister's compensation ranked 374th out of 8,700 executives tracked by ExecPay. In other words, Bannister earned more than 95.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 374 out of 8,700 | 96th |
Division Manufacturing | 115 out of 3,314 | 97th |
Major group Transportation Equipment | 17 out of 235 | 93rd |
Industry group Motor Vehicles And Motor Vehicle Equipment | 11 out of 132 | 92nd |
Industry Motor Vehicles and Passenger Car Bodies | 6 out of 32 | 81st |
Source: SEC filing on April 4, 2008.
Bannister's colleagues
We found four more compensation records of executives who worked with Michael E. Bannister at Ford Motor in 2007.