Bank of New York Mellon CEO Charles Scharf's 2019 pay jumps 52% to $14M
Bank of New York Mellon reports 2019 executive compensation
By ExecPay News
Published: March 3, 2020
Bank of New York Mellon reported fiscal year 2019 executive compensation information on March 3, 2020.
In 2019, seven executives at Bank of New York Mellon received on average a compensation package of $9.1M, a 33% increase compared to previous year.
Average pay of disclosed executives at Bank of New York Mellon
Charles W. Scharf, Chief Executive Officer, received $14M in total, which increased by 52% compared to 2018. 93% of Scharf's compensation, or $13M, was in stock awards. Scharf also received $956K in salary and $32K in other compensation.
Thomas P. Todd Gibbons, Chief Executive Officer, received a compensation package of $13M, which increased by 68% compared to previous year. 76% of the compensation package, or $9.5M, was in stock awards.
Thomas P. Todd, Chief Executive Officer, earned $13M in 2019, a 68% increase compared to previous year.
Mitchell E. Harris, Chief Executive Officer, received $7.4M in 2019, which decreases by 17% compared to 2018.
Lester J. Owens, Senior Executive Vice President & Head of Operations, earned $7.4M in 2019.
Michael P. Santomassimo, Chief Financial Officer, received $5.2M in 2019, which increases by 100% compared to 2018.
Bridget E. Engle, Senior Executive Vice President Chief Information Officer, earned $4.7M in 2019, a 15% decrease compared to previous year.
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Thomas Gibbons
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Bridget Engle
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Mitchell Harris
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Lester Owens
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Charles Scharf
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Source: SEC filing on March 3, 2020.