Thomas K. Montag
2016
In 2016, Thomas K. Montag earned a total compensation of $15.7M as Chief Operating Officer at Bank of America, a 6% increase compared to previous year.
Compensation breakdown
| 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, accounting for 53% of the total pay in 2016.
Montag also received $6.4M in bonus, $1M in salary and $17.5K in other compensation.
Rankings
In 2016, Thomas K. Montag's compensation ranked 217th out of 14,075 executives tracked by ExecPay. In other words, Montag earned more than 98.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 217 out of 14,075 | 99th |
Division Finance, Insurance, And Real Estate | 37 out of 3,063 | 99th |
Major group Depository Institutions | 8 out of 1,390 | 99th |
Industry group Commercial Banks | 8 out of 1,102 | 99th |
Industry National Commercial Banks | 7 out of 362 | 98th |
Source: SEC filing on March 12, 2018.
Montag's colleagues
We found four more compensation records of executives who worked with Thomas K. Montag at Bank of America in 2016.
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