First Citizens Bancshares CEO Frank Holding's 2018 pay slips 1% to $2.8M
First Citizens Bancshares reports 2018 executive compensation
By ExecPay News
Published: March 11, 2019
First Citizens Bancshares reported fiscal year 2018 executive compensation information on March 11, 2019.
In 2018, five executives at First Citizens Bancshares received on average a compensation package of $1.8M, a 6% increase compared to previous year.
Average pay of disclosed executives at First Citizens Bancshares
Frank B. Holding, Jr, Chief Executive Officer, received $2.8M in total, which decreased by 1% compared to 2017. 66% of Holding's compensation, or $1.8M, was in non-equity incentive plan. Holding also received $955K in salary and $12K in other compensation.
Peter M. Bristow, President, received a compensation package of $1.7M, which increased by 19% compared to previous year. 58% of the compensation package, or $967K, was in non-equity incentive plan.
Edward L. Willingham IV, Chief Operating Officer, earned $1.6M in 2018, a 5% increase compared to previous year.
Hope H. Bryant, Chairman, received $1.6M in 2018, which increases by 15% compared to 2017.
Craig L. Nix, Chief Financial Officer, earned $1.2M in 2018, a 1% increase compared to previous year.
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Source: SEC filing on March 11, 2019.