Richard M. Adams
2019
In 2019, Richard M. Adams earned a total compensation of $4.4M as Chairman of the Board and Chief Executive Officer at United Bankshares, a 34% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $765,298 |
|---|---|
| Non-Equity Incentive Plan | $1,128,169 |
| Option Awards | $242,796 |
| Salary | $1,120,550 |
| Stock Awards | $1,094,425 |
| Other | $25,008 |
| Total | $4,376,246 |
Adams received $1.1M in non-equity incentive plan, accounting for 26% of the total pay in 2019.
Adams also received $765.3K of change in pension value and nonqualified deferred compensation earnings, $242.8K in option awards, $1.1M in salary, $1.1M in stock awards and $25K in other compensation.
Rankings
In 2019, Richard M. Adams' compensation ranked 2,637th out of 13,971 executives tracked by ExecPay. In other words, Adams earned more than 81.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,637 out of 13,971 | 81st |
Division Finance, Insurance, And Real Estate | 520 out of 2,894 | 82nd |
Major group Depository Institutions | 109 out of 1,219 | 91st |
Industry group Commercial Banks | 94 out of 1,007 | 91st |
Industry State Commercial Banks | 33 out of 627 | 95th |
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 2019.