Timothy N. Spence
2020
Compensation breakdown
| Non-Equity Incentive Plan | $910,472 |
|---|---|
| Option Awards | $180,000 |
| Salary | $514,987 |
| Stock Awards | $1,020,002 |
| Other | $91,819 |
| Total | $2,717,280 |
Spence received $1M in stock awards, accounting for 38% of the total pay in 2020.
Spence also received $910.5K in non-equity incentive plan, $180K in option awards, $515K in salary and $91.8K in other compensation.
Rankings
In 2020, Timothy N. Spence's compensation ranked 4,233rd out of 13,090 executives tracked by ExecPay. In other words, Spence earned more than 67.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 4,233 out of 13,090 | 68th |
Division Finance, Insurance, And Real Estate | 712 out of 2,551 | 72nd |
Major group Depository Institutions | 136 out of 1,117 | 88th |
Industry group Commercial Banks | 122 out of 897 | 86th |
Industry State Commercial Banks | 58 out of 569 | 90th |
Pay ratio
| Timothy N. Spence's Pay | $2,717,280 |
|---|---|
| Median Employee's Pay | $69,436 |
| Pay Ratio | 39to 1 |
In 2020, the annual total compensation of Timothy N. Spence was $2,717,280.
The annual total compensation of the median employee at Fifth Third Bancorp was $69,436.
The ratio of Timothy N. Spence's pay to the pay of median employee was therefore 39 to one.
Spence's colleagues
We found six more compensation records of executives who worked with Timothy N. Spence at Fifth Third Bancorp in 2020.
2020
Greg Carmichael
Fifth Third Bancorp
Chief Executive Officer
2020
Lars Anderson
Fifth Third Bancorp
Chairman
2020
Frank Forrest
Fifth Third Bancorp
Former Executive Vice President and Chief Risk Officer
2020
Tayfun Tuzun
Fifth Third Bancorp
Chief Financial Officer
2020
Robert Shaffer
Fifth Third Bancorp
Executive Vice President and Chief Risk Officer
2020
James Leonard
Fifth Third Bancorp