Seeking efficiency in executive compensation benchmarking?

Unlock Efficiency in Executive Compensation Benchmarking with CompAnalyst Executive

CompAnalyst Executive

The charts on this page feature a breakdown of the total annual pay for the top executives at TRUIST FINANCIAL CORP as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. TRUIST FINANCIAL CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. TRUIST FINANCIAL CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Clarke R. Starnes III
Vice Chair and Chief Risk Officer
Total Cash $1,766,175 Equity $2,313,815 Other $19,800 Total Compensation $4,099,790
William H. Rogers Jr.
Chairman and Chief Executive Officer
Total Cash $3,850,167 Equity $6,843,578 Other $236,035 Total Compensation $10,929,780
John M. Howard
Chief Executive Officer of TIH
Total Cash $2,824,268 Equity $20,825,605 Other $19,800 Total Compensation $23,669,673
Hugh S. Cummins III
Vice Chair and Chief Operating Officer
Total Cash $2,468,600 Equity $3,328,958 Other $19,800 Total Compensation $5,817,358
Michael B. Maguire
Senior Executive Vice President and Chief Financial Officer
Total Cash $1,599,677 Equity $1,796,711 Other $19,800 Total Compensation $3,416,188
Dontá L. Wilson
Senior Executive Vice President and Chief Retail and Small Business Banking Officer
Total Cash $1,689,287 Equity $1,891,301 Other $31,648 Total Compensation $3,612,236
For its 2023 fiscal year, TRUIST FINANCIAL CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
William H. Rogers Jr. CEO Pay $12,434,311 Median Employee Pay $109,424 CEO Pay Ratio 114:1
For its 2023 fiscal year, TRUIST FINANCIAL CORP, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Agnes Bundy Scanlan Total Cash $318,827
Anna R. Cablik Total Cash $288,827
Bruce L. Tanner Total Cash $288,827
Charles A. Patton Total Cash $318,827
Christine Sears Total Cash $288,827
Dallas S. Clement Total Cash $318,827
David M. Ratcliffe Total Cash $288,827
Donna S. Morea Total Cash $333,827
Easter A. Maynard Total Cash $288,827
Frank P. Scruggs, Jr. Total Cash $288,827
Jennifer S. Banner Total Cash $288,827
K. David Boyer, Jr. Total Cash $308,827
Kelly S. King Total Cash $288,827
Linnie M. Haynesworth Total Cash $288,827
Nido R. Qubein Total Cash $288,827
Patrick C. Graney, III Total Cash $288,827
Paul D. Donahue Total Cash $273,827
Steven C. Voorhees Total Cash $318,827
Thomas E. Skains Total Cash $338,827
Thomas N. Thompson Total Cash $288,827

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.