Thread regarding Truist Bank layoffs

Kelly and Bills compensation for 2020 and all we get is a pack of seeds, hopeless seeds.

King raked in $14.82 million in total compensation for 2020. That includes a base salary at $1.2 million, $5.75 million in stock awards and $5.5 million in non-equity incentives. King's compensation last year increased 29% compared to the prior year. The CEO pay ratio was 122-to-1 when compared with median employee compensation of about $122,000.

Roger's compensation in 2020 totaled $8.75 million, compared to $3.19 million in 2019. Chief Financial Officer Daryl Bible's total compensation jumped by close to 19% year over year to $5.87 million, according to the proxy report.

https://www.bizjournals.com/charlotte/news/2021/04/27/truist-financial-shareholder-meeting-virtual-2021.html

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| 17191 views | | 6 replies (last May 11, 2021) | Reply
Post ID: @OP+1aBJN5n2

6 replies (most recent on top)

Be happy with your 2%, at least you got a raise. That's what the branch employees were told by their leadership this year when it was questioned.

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Post ID: @crdw+1aBJN5n2

Wait until you see King Rogers pay next year after he blows up the pension!

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Post ID: @2abu+1aBJN5n2

I think we all expect that CEOs are generally going to have sweet compensation but what's jarring about this is that he constantly whines about expense reduction, they freeze pay raises for everyone over 100k, have had to push put the completion of the merger a whole YEAR, and somehow the board felt like he deserved this excessive increase.

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Post ID: @2llq+1aBJN5n2

It's really a travesty, This type of compensation grossly shows what their intentions were when they sold out and what to expect in the future.

How Kelly can sleep at night is beyond me, shame on you and your cohorts!

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Post ID: @1vjh+1aBJN5n2

Is it a lot of money? Sure. A typical and in-line comp package for a person in this role, at a company this size.

Don't hate the player, hate the game.

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Post ID: @1hjz+1aBJN5n2

Wake up. They care about themselves only. You are an expense to be cut in order for the charlatans at the top to make even more money.

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Post ID: @1frj+1aBJN5n2

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