Synovus Financial Chairman Kessel Stelling's 2021 pay rises 13% to $5.9M
Synovus Financial reports 2021 executive compensation
By ExecPay News
Published: March 15, 2022
Synovus Financial reported fiscal year 2021 executive compensation information on March 15, 2022.
In 2021, five executives at Synovus Financial received on average a compensation package of $3.2M, a 42% increase compared to previous year.
Average pay of disclosed executives at Synovus Financial
Kessel D. Stelling, Chairman, received $5.9M in total, which increased by 13% compared to 2020. 40% of Stelling's compensation, or $2.4M, was in stock awards. Stelling also received $2M in non-equity incentive plan, $1.1M in salary, as well as $439K in other compensation.
Kevin S. Blair, Chief Executive Officer, received a compensation package of $5.6M, which increased by 102% compared to previous year. 59% of the compensation package, or $3.3M, was in stock awards.
Mark G. Holladay, Executive Vice President and Chief Risk Officer, earned $1.9M in 2021, a 70% increase compared to previous year.
Andrew J. Gregory, Jr, Chief Financial Officer, received $1.6M in 2021, which increases by 14% compared to 2020.
Robert W. Derrick, Executive Vice President and Chief Credit Officer, earned $1.1M in 2021, a 32% increase compared to previous year.
Related executives
Kevin Blair
Synovus Financial
Chief Executive Officer
Andrew Gregory
Synovus Financial
Chief Financial Officer
Kessel Stelling
Synovus Financial
Chairman
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 15, 2022.