Richard M. Adams
2008
In 2008, Richard M. Adams earned a total compensation of $1.5M as Chairman of the Board and Chief Executive Officer at United Bankshares, a 7% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $494,763 |
|---|---|
| Non-Equity Incentive Plan | $170,625 |
| Option Awards | $70,600 |
| Salary | $650,000 |
| Other | $154,259 |
| Total | $1,540,246 |
Adams received $650K in salary, accounting for 42% of the total pay in 2008.
Adams also received $494.8K of change in pension value and nonqualified deferred compensation earnings, $170.6K in non-equity incentive plan, $70.6K in option awards and $154.3K in other compensation.
Rankings
In 2008, Richard M. Adams' compensation ranked 3,144th out of 9,135 executives tracked by ExecPay. In other words, Adams earned more than 65.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,144 out of 9,135 | 66th |
Division Finance, Insurance, And Real Estate | 604 out of 2,034 | 70th |
Major group Depository Institutions | 133 out of 943 | 86th |
Industry group Commercial Banks | 113 out of 802 | 86th |
Industry State Commercial Banks | 38 out of 486 | 92nd |
Source: SEC filing on April 9, 2009.
Adams' colleagues
We found four more compensation records of executives who worked with Richard M. Adams at United Bankshares in 2008.