BB&T CEO Kelly King's 2020 pay jumps 29% to $15M
BB&T reports 2020 executive compensation
By ExecPay News
Published: March 15, 2021
BB&T reported fiscal year 2020 executive compensation information on March 15, 2021.
In 2020, five BB&T executives received on average a compensation package of $9.1M, a 41% increase compared to previous year.
Average pay of disclosed executives at BB&T
Kelly S. King, Chief Executive Officer, received $15M in total, which increased by 29% compared to 2019. 39% of King's compensation, or $5.7M, was in stock awards. King also received $2M of change in pension value and nonqualified deferred compensation earnings, $5.5M in non-equity incentive plan, $1.2M in salary, as well as $399K in other compensation.
Christopher L. Henson, Senior Executive Vice President and Head of Banking and Insurance, received a compensation package of $9M, which increased by 8% compared to previous year. 38% of the compensation package, or $3.4M, was of change in pension value and nonqualified deferred compensation earnings.
William H. Rogers, Jr, Chief Operating Officer, earned $8.7M in 2020, a 174% increase compared to previous year.
Clarke R. Starnes III, Senior Executive Vice President and Chief Risk Officer, received $7.1M in 2020, which increases by 17% compared to 2019.
Daryl N. Bible, Chief Financial Officer, earned $5.9M in 2020, a 19% increase compared to previous year.
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Source: SEC filing on March 15, 2021.