Synovus Financial CEO Kessel Stelling's 2019 pay slips 12% to $5.2M
Synovus Financial reports 2019 executive compensation
By ExecPay News
Published: March 11, 2020
Synovus Financial reported fiscal year 2019 executive compensation information on March 11, 2020.
In 2019, six executives at Synovus Financial received on average a compensation package of $2.1M, a 14% decrease compared to previous year.
Average pay of disclosed executives at Synovus Financial
Kessel D. Stelling, Chief Executive Officer, received $5.2M in total, which decreased by 12% compared to 2018. 49% of Stelling's compensation, or $2.6M, was in stock awards. Stelling also received $1.1M in non-equity incentive plan, $1.1M in salary, as well as $457K in other compensation.
For fiscal year 2019, the median employee pay was $65,896 at Synovus Financial. Therefore, the ratio of Kessel D. Stelling's pay to the median employee pay was 79 to one.
Kevin S. Blair, Chief Operating Officer, received a compensation package of $2.9M, which increased by 31% compared to previous year. 62% of the compensation package, or $1.8M, was in stock awards.
Kevin J. Howard, Executive Vice President and Chief Wholesale Banking Officer, earned $1.2M in 2019.
Andrew J. Gregory, Jr, Chief Financial Officer, received $1.2M in 2019.
Mark G. Holladay, Executive Vice President and Chief Risk Officer, earned $1.1M in 2019, a 6% decrease compared to previous year.
Robert W. Derrick, Executive Vice President and Chief Credit Officer, received $757K in 2019.
Related executives
Kessel Stelling
Synovus Financial
Chairman
Kevin Blair
Synovus Financial
Chief Executive Officer
Andrew Gregory
Synovus Financial
Chief Financial Officer
Kevin Howard
Synovus Financial
Executive Vice President and Chief Wholesale Banking Officer
Mark Holladay
Synovus Financial
Executive Vice President and Chief Risk Officer
Robert Derrick
Synovus Financial
Executive Vice President and Chief Credit Officer
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Source: SEC filing on March 11, 2020.