Richard M. Adams
2020
In 2020, Richard M. Adams earned a total compensation of $4.3M as Chairman of the Board and Chief Executive Officer at United Bankshares, a 2% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,554,545 |
|---|---|
| Option Awards | $249,069 |
| Salary | $1,174,500 |
| Stock Awards | $1,269,353 |
| Other | $50,079 |
| Total | $4,297,546 |
Adams received $1.6M in non-equity incentive plan, accounting for 36% of the total pay in 2020.
Adams also received $249.1K in option awards, $1.2M in salary, $1.3M in stock awards and $50.1K in other compensation.
Rankings
In 2020, Richard M. Adams' compensation ranked 2,647th out of 13,090 executives tracked by ExecPay. In other words, Adams earned more than 79.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,647 out of 13,090 | 80th |
Division Finance, Insurance, And Real Estate | 454 out of 2,550 | 82nd |
Major group Depository Institutions | 86 out of 1,117 | 92nd |
Industry group Commercial Banks | 75 out of 897 | 92nd |
Industry State Commercial Banks | 30 out of 569 | 95th |
Pay ratio
| Richard M. Adams' Pay | $4,297,546 |
|---|---|
| Median Employee's Pay | $67,982 |
| Pay Ratio | 63to 1 |
In 2020, the annual total compensation of Richard M. Adams was $4,297,546.
The annual total compensation of the median employee at United Bankshares was $67,982.
The ratio of Richard M. Adams' pay to the pay of median employee was therefore 63 to one.
Source: SEC filing on March 30, 2021.
Adams' colleagues
We found four more compensation records of executives who worked with Richard M. Adams at United Bankshares in 2020.