Thomas K. Montag

Bank of America

Chief Operating Officer

Overview

Thomas K. Montag made an average of $15.7M in compensation at Bank of America from 2009 to 2018.

Annual data

2018

In 2018, Thomas K. Montag earned a total compensation of $18.8M as Chief Operating Officer at Bank of America.

Ranking123 out of 8,356
Percentile98.5%

Thomas K. Montag's 2018 compensation ranked 123rd out of 8,356 executive pay records tracked by us this year.

Montag earned more than 98.5% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking8 out of 784
Percentile99.0%

In the industry group of Commercial Banks, Montag's pay ranked 8th out of 784 executive pay records tracked by us in 2018.

Montag earned more than 99.0% of executives in this group.

Bonus$7,700,000
Salary$1,250,000
Stock Awards$9,819,320
Other$20,000
Total$18,789,320

Montag received $9.8M in stock awards, which accounts for 52.26% of total compensation.

Montag also received $7.7M in bonus, $1.3M in salary and $20K in other compensation.

Thomas K. Montag's Pay$18,789,320
Median Employee's Pay$92,040
Pay Ratio204 : 1

For fiscal year 2018, the annual total compensation for Thomas K. Montag was $18,789,320 and for the median employee at Bank of America was $92,040. The resulting ratio of Thomas K. Montag's pay to the pay of median employee was 204 to one.

2017

In 2017, Thomas K. Montag earned a total compensation of $18.5M as Chief Operating Officer at Bank of America.

Ranking169 out of 13,167
Percentile98.7%

Thomas K. Montag's 2017 compensation ranked 169th out of 13,167 executive pay records tracked by us this year.

Montag earned more than 98.7% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking7 out of 1,031
Percentile99.3%

In the industry group of Commercial Banks, Montag's pay ranked 7th out of 1,031 executive pay records tracked by us in 2017.

Montag earned more than 99.3% of executives in this group.

Bonus$7,100,000
Salary$1,229,167
Stock Awards$10,131,778
Other$17,500
Total$18,478,445

Montag received $10.1M in stock awards, which accounts for 54.83% of total compensation.

Montag also received $7.1M in bonus, $1.2M in salary and $17.5K in other compensation.

2016

In 2016, Thomas K. Montag earned a total compensation of $15.7M as Chief Operating Officer at Bank of America.

Ranking211 out of 13,853
Percentile98.5%

Thomas K. Montag's 2016 compensation ranked 211th out of 13,853 executive pay records tracked by us this year.

Montag earned more than 98.5% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking8 out of 1,068
Percentile99.3%

In the industry group of Commercial Banks, Montag's pay ranked 8th out of 1,068 executive pay records tracked by us in 2016.

Montag earned more than 99.3% of executives in this group.

Bonus$6,400,000
Salary$1,000,000
Stock Awards$8,251,212
Other$17,500
Total$15,668,712

Montag received $8.3M in stock awards, which accounts for 52.66% of total compensation.

Montag also received $6.4M in bonus, $1M in salary and $17.5K in other compensation.

2015

In 2015, Thomas K. Montag earned a total compensation of $14.8M as Chief Operating Officer at Bank of America.

Ranking243 out of 13,574
Percentile98.2%

Thomas K. Montag's 2015 compensation ranked 243rd out of 13,574 executive pay records tracked by us this year.

Montag earned more than 98.2% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking10 out of 1,024
Percentile99.0%

In the industry group of Commercial Banks, Montag's pay ranked 10th out of 1,024 executive pay records tracked by us in 2015.

Montag earned more than 99.0% of executives in this group.

Bonus$5,800,000
Salary$1,000,000
Stock Awards$7,997,416
Other$17,500
Total$14,814,916

Montag received $8M in stock awards, which accounts for 53.98% of total compensation.

Montag also received $5.8M in bonus, $1M in salary and $17.5K in other compensation.

2014

In 2014, Thomas K. Montag earned a total compensation of $14.9M as Chief Operating Officer at Bank of America.

Ranking231 out of 12,876
Percentile98.2%

Thomas K. Montag's 2014 compensation ranked 231st out of 12,876 executive pay records tracked by us this year.

Montag earned more than 98.2% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking9 out of 993
Percentile99.1%

In the industry group of Commercial Banks, Montag's pay ranked 9th out of 993 executive pay records tracked by us in 2014.

Montag earned more than 99.1% of executives in this group.

Bonus$5,200,000
Salary$1,000,000
Stock Awards$8,731,394
Other$17,500
Total$14,948,894

Montag received $8.7M in stock awards, which accounts for 58.41% of total compensation.

Montag also received $5.2M in bonus, $1M in salary and $17.5K in other compensation.

2013

In 2013, Thomas K. Montag earned a total compensation of $15.1M as Chief Operating Officer at Bank of America.

Ranking174 out of 11,965
Percentile98.5%

Thomas K. Montag's 2013 compensation ranked 174th out of 11,965 executive pay records tracked by us this year.

Montag earned more than 98.5% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking8 out of 930
Percentile99.1%

In the industry group of Commercial Banks, Montag's pay ranked 8th out of 930 executive pay records tracked by us in 2013.

Montag earned more than 99.1% of executives in this group.

Bonus$5,800,000
Salary$987,500
Stock Awards$8,258,655
Other$20,146
Total$15,066,301

Montag received $8.3M in stock awards, which accounts for 54.82% of total compensation.

Montag also received $5.8M in bonus, $987.5K in salary and $20.1K in other compensation.

2012

In 2012, Thomas K. Montag earned a total compensation of $14.4M as Chief Operating Officer at Bank of America.

Ranking191 out of 10,949
Percentile98.3%

Thomas K. Montag's 2012 compensation ranked 191st out of 10,949 executive pay records tracked by us this year.

Montag earned more than 98.3% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking8 out of 884
Percentile99.1%

In the industry group of Commercial Banks, Montag's pay ranked 8th out of 884 executive pay records tracked by us in 2012.

Montag earned more than 99.1% of executives in this group.

Bonus$5,460,000
Salary$850,000
Stock Awards$8,122,522
Other$10,148
Total$14,442,670

Montag received $8.1M in stock awards, which accounts for 56.24% of total compensation.

Montag also received $5.5M in bonus, $850K in salary and $10.1K in other compensation.

2011

In 2011, Thomas K. Montag earned a total compensation of $14.3M as Co-Chief Operating Officer at Bank of America.

Ranking164 out of 10,038
Percentile98.4%

Thomas K. Montag's 2011 compensation ranked 164th out of 10,038 executive pay records tracked by us this year.

Montag earned more than 98.4% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking13 out of 853
Percentile98.5%

In the industry group of Commercial Banks, Montag's pay ranked 13th out of 853 executive pay records tracked by us in 2011.

Montag earned more than 98.5% of executives in this group.

Bonus$2,850,000
Salary$850,000
Stock Awards$10,569,294
Other$29,310
Total$14,298,604

Montag received $10.6M in stock awards, which accounts for 73.92% of total compensation.

Montag also received $2.9M in bonus, $850K in salary and $29.3K in other compensation.

2010

In 2010, Thomas K. Montag earned a total compensation of $831.2K as Co-Chief Operating Officer at Bank of America.

Ranking5,620 out of 9,480
Percentile40.7%

Thomas K. Montag's 2010 compensation ranked 5,620th out of 9,480 executive pay records tracked by us this year.

Montag earned more than 40.7% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking228 out of 829
Percentile72.5%

In the industry group of Commercial Banks, Montag's pay ranked 228th out of 829 executive pay records tracked by us in 2010.

Montag earned more than 72.5% of executives in this group.

Salary$800,000
Other$31,248
Total$831,248

Montag received $800K in salary, which accounts for 96.24% of total compensation.

Montag also received $31.2K in other compensation.

2009

In 2009, Thomas K. Montag earned a total compensation of $29.9M as Co-Chief Operating Officer at Bank of America.

Ranking21 out of 8,711
Percentile99.8%

Thomas K. Montag's 2009 compensation ranked 21st out of 8,711 executive pay records tracked by us this year.

Montag earned more than 99.8% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking1 out of 773
Percentile99.9%

In the industry group of Commercial Banks, Montag's pay ranked 1st out of 773 executive pay records tracked by us in 2009.

Montag earned more than 99.9% of executives in this group.

Salary$586,539
Stock Awards$29,313,469
Other$30,423
Total$29,930,431

Montag received $29.3M in stock awards, which accounts for 97.94% of total compensation.

Montag also received $586.5K in salary and $30.4K in other compensation.