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.
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Source: SEC filing on March 5, 2021.