Bank of New York Mellon CEO Thomas Todd's 2021 pay jumps 50% to $14M
Bank of New York Mellon reports 2021 executive compensation
By ExecPay News
Published: March 1, 2022
Bank of New York Mellon reported fiscal year 2021 executive compensation information on March 1, 2022.
In 2021, five executives at Bank of New York Mellon received on average a compensation package of $8M, a 28% increase compared to previous year.
Average pay of disclosed executives at Bank of New York Mellon
Thomas P. Todd, Chief Executive Officer, received $14M in total, which increased by 50% compared to 2020. 65% of Todd's compensation, or $9.1M, was in stock awards. Todd also received $3.6M in non-equity incentive plan, $1.3M in salary, as well as $99K in other compensation.
For fiscal year 2021, the median employee pay was $76,123 at Bank of New York Mellon. Therefore, the ratio of Thomas P. Todd's pay to the median employee pay was 186 to one.
Robin Vince, Chief Executive Officer, received a compensation package of $9.3M, which increased by 90% compared to previous year. 43% of the compensation package, or $4M, was in other compensation.
Bridget E. Engle, Chief Operations & Technology Officer, earned $7.1M in 2021, a 5% decrease compared to previous year.
Senthil Kumar, Chief Risk Officer, received $5.3M in 2021.
Emily H. Portney, Chief Financial Officer, earned $4.5M in 2021, a 54% increase compared to previous year.
Related executives
Thomas Todd
Bank of New York Mellon
Chief Executive Officer
Robin Vince
Bank of New York Mellon
Chief Executive Officer
Emily Portney
Bank of New York Mellon
Chief Financial Officer
Bridget Engle
Bank of New York Mellon
Chief Operations & Technology Officer
Senthil Kumar
Bank of New York Mellon
Chief Risk Officer
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Source: SEC filing on March 1, 2022.