Huntington Bancshares reports 2018 executive compensation

CEO Stephen D. Steinour receives $8.6M

Huntington Bancshares reported fiscal year 2018 executive compensation information on March 7, 2019.

In 2018, five executives at Huntington Bancshares received on average a compensation package of $4,035,114, a 12% increase compared to previous year.

Average pay of disclosed executives at Huntington Bancshares

Stephen D. Steinour, Chief Executive Officer, received $8,556,915 in total, which decreased by 1% compared to 2017. 43.82% of Steinour's compensation, or $3,749,981, was in stock awards. Steinour also received $2,025,000 in non-equity incentive plan, $1,250,000 in option awards, $1,100,000 in salary, as well as $431,934 in other compensation.

For fiscal year 2018, the median employee pay was $58,188 at Huntington Bancshares. Therefore, the ratio of Stephen D. Steinour's pay to the median employee pay was 147 to one.

Andrew J. Harmening, Chief Technology Officer, received a compensation package of $3,241,911, which increased by 53% compared to previous year. 27.76% of the compensation package, or $899,989, was in stock awards.

Paul G. Heller, Chief Technology & Operations Officer, Senior Executive Vice President, earned $2,896,776 in 2018, a 1% increase compared to previous year.

Howell D. McCullough III, Chief Financial Officer, received $2,880,619 in 2018, which decreases by 1% compared to 2017.

Helga S. Houston, Chief Risk Officer and Senior Executive Vice President, earned $2,599,349 in 2018, a 2% increase compared to previous year.