Timothy N. Spence
2017
In 2017, Timothy N. Spence earned a total compensation of $3.1M as Executive Vice President and Head of Payments, Strategy and Digital Solutions at Fifth Third Bancorp, a 10% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $715,000 |
|---|---|
| Option Awards | $239,999 |
| Salary | $461,950 |
| Stock Awards | $1,359,999 |
| Other | $318,772 |
| Total | $3,095,720 |
Spence received $1.4M in stock awards, accounting for 44% of the total pay in 2017.
Spence also received $715K in non-equity incentive plan, $240K in option awards, $462K in salary and $318.8K in other compensation.
Rankings
In 2017, Timothy N. Spence's compensation ranked 3,503rd out of 14,666 executives tracked by ExecPay. In other words, Spence earned more than 76.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,503 out of 14,666 | 76th |
Division Finance, Insurance, And Real Estate | 669 out of 3,159 | 79th |
Major group Depository Institutions | 139 out of 1,402 | 90th |
Industry group Commercial Banks | 125 out of 1,112 | 89th |
Industry State Commercial Banks | 55 out of 736 | 93rd |
Source: SEC filing on March 6, 2018.
Spence's colleagues
We found four more compensation records of executives who worked with Timothy N. Spence at Fifth Third Bancorp in 2017.