BB&T Chairman Kelly King's 2021 pay rises 3% to $15M
BB&T reports 2021 executive compensation
By ExecPay News
Published: March 14, 2022
BB&T reported fiscal year 2021 executive compensation information on March 14, 2022.
In 2021, seven BB&T executives received on average a compensation package of $10M, a 13% increase compared to previous year.
Average pay of disclosed executives at BB&T
Kelly S. King, Chairman, received $15M in total, which increased by 3% compared to 2020. 47% of King's compensation, or $7.1M, was in non-equity incentive plan. King also received $688K of change in pension value and nonqualified deferred compensation earnings, $1.2M in salary, $5.8M in stock awards, as well as $439K in other compensation.
Hugh S. Cummins III, Vice Chair, received a compensation package of $12M. 67% of the compensation package, or $7.8M, was in stock awards.
William H. Rogers, Jr, Chief Executive Officer, earned $10M in 2021, a 19% increase compared to previous year.
Christopher L. Henson, Retired, SVP and Head of Banking and Insurance, received $10M in 2021, which increases by 14% compared to 2020.
Clarke R. Starnes III, Senior Executive Vice President and Chief Risk Officer, earned $9.4M in 2021, a 33% increase compared to previous year.
Daryl N. Bible, Chief Financial Officer, received $8M in 2021, which increases by 37% compared to 2020.
John M. Howard, Senior Executive Vice President and Chief Insurance Officer, earned $7.1M in 2021.
Related executives
William Rogers
BB&T
Chief Executive Officer
Kelly King
BB&T
Chairman
Hugh Cummins
BB&T
Vice Chair
Clarke Starnes
BB&T
Senior Executive Vice President and Chief Risk Officer
Daryl Bible
BB&T
Chief Financial Officer
John Howard
BB&T
Senior Executive Vice President and Chief Insurance Officer
Christopher Henson
BB&T
Retired, SVP and Head of Banking and Insurance
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Source: SEC filing on March 14, 2022.