Citizens Financial Group CEO Bruce Van Saun's 2020 pay jumps 45% to $14M

Citizens Financial Group reports 2020 executive compensation

By ExecPay News

Published: March 5, 2021

Citizens Financial Group reported fiscal year 2020 executive compensation information on March 5, 2021.
In 2020, five executives at Citizens Financial Group received on average a compensation package of $6.2M, a 33% increase compared to previous year.
Average pay of disclosed executives at Citizens Financial Group
Bruce Van Saun, Chief Executive Officer, received $14M in total, which increased by 45% compared to 2019. 73% of Van Saun's compensation, or $10M, was in stock awards. Van Saun also received $2.3M in bonus, $1.5M in salary, as well as $157K in other compensation.
Donald H. McCree III, Chairman, received a compensation package of $5.6M, which increased by 40% compared to previous year. 72% of the compensation package, or $4M, was in stock awards.
John Woods, Chief Financial Officer, earned $5.4M in 2020, a 44% increase compared to previous year.
Malcolm Griggs, Executive Vice President Chief Risk Officer, received $2.7M in 2020, which increases by 22% compared to 2019.
Susan LaMonica, Chief Human Resources Officer, earned $2.7M in 2020.

Related executives

Bruce Van Saun

Citizens Financial Group

Chief Executive Officer

John Woods

Citizens Financial Group

Chief Financial Officer

Donald McCree

Citizens Financial Group

Chairman

Malcolm Griggs

Citizens Financial Group

Executive Vice President Chief Risk Officer

Susan LaMonica

Citizens Financial Group

Chief Human Resources Officer

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Source: SEC filing on March 5, 2021.