Financial Companies' Corporate Perks
Executives at the nation's 29 largest public financial companies that have taken government assistance received more in corporate perks and benefits as a group in 2008 than the previous year.
Updated Oct. 19, 2009
| Institution | CEO | 2007 Total | 2008 Total | Pct. change from 2007 | Personal use of corporate aircraft | Tax Gross- Ups | Ins. prems., plan- based contribs. | Car, Parking | Personal and home security | Other** | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GMAC Financial* | Alvaro G. De Molina | $3,633,516 | $4,802,729 | | 32% | $2,259,595 | $2,492,842 | $26,237 | $16,555 | $32,192 | |
| American Express | Kenneth I. Chenault | $1,074,913 | $1,208,242 | | 12% | $414,702 | $334,215 | $134,299 | $246,627 | $494 | |
| AIG* | Edward M. Liddy | $697,910 | $460,477 | | -34% | $47,578 | $180,431 | $0 | $31,348 | N/A | $5,135 |
| Morgan Stanley | John J. Mack | $399,153 | $435,097 | | 9% | $377,342 | $6,100 | N/A | $46,520 | $59,485 | |
| Bank of New York Mellon | Robert P. Kelly | $377,538 | $319,597 | | -15% | $11,749 | $108,764 | $185,982 | $4,577 | $36,432 | |
| Popular | Richard L. Carrion | $260,677 | $304,146 | | 17% | N/A | $31,938 | $64,527 | $189,239 | $78,398 | |
| Bank of America | Kenneth D. Lewis | $212,211 | $275,125 | | 30% | $220,267 | $22,666 | N/A | N/A | $0 | |
| Regions Financial | C. Dowd Ritter | $330,116 | $272,886 | | -17% | $48,146 | $51,712 | $143,786 | N/A | $1,555 | |
| Comerica | Ralph W. Babb, Jr. | $49,295 | $256,763 | | 421% | $19,026 | $18,066 | $8,525 | |||
| CIT Group | Jeffrey M. Peek | $148,219 | $254,501 | | 72% | $141,032 | $11,077 | $71,650 | $28,000 | ||
| Goldman Sachs | Lloyd C. Blankfein | $384,157 | $235,943 | | -39% | $65,235 | $111,223 | $61,003 | |||
| PNC Financial Services Group | James E. Rohr | $271,909 | $232,098 | | -15% | $39,975 | $6,015 | $177,083 | N/A | $5,052 | |
| BB&T | John A. Allison, IV | $242,367 | $224,107 | | -8% | $217,217 | $1,838 | $9,025 | |||
| Wells Fargo | John G. Stumpf | $409,857 | $215,167 | | -48% | $178,735 | N/A | N/A | $29,242 | ||
| Fifth Third Bancorp | Kevin T. Kabat | $140,400 | $208,134 | | 48% | $114,806 | N/A | $93,328 | |||
| Marshall & Ilsley | Mark F. Furlong | $159,343 | $174,766 | | 10% | N/A | $70,200 | N/A | $18,167 | ||
| JPMorganChase | James Dimon | $356,330 | $151,825 | | -57% | $53,956 | $1,098 | $89,020 | $7,257 | $37,580 | |
| Zions Bancoporation | Harris H. Simmons | $93,018 | $149,379 | | 61% | $149,278 | $19,980 | ||||
| Huntington Bancshares | Thomas E. Hoaglin | $110,064 | $148,495 | | 35% | $87,101 | $41,414 | N/A | N/A | $30,742 | |
| Suntrust Banks | James M. Wells III | $169,944 | $123,825 | | -27% | $925 | $449 | $61,448 | $104,566 | ||
| State Street | Ronald E. Logue | $107,345 | $120,824 | | 13% | $39,800 | $34,695 | $18,329 | $219,670 | ||
| KeyCorp | Henry L. Meyer III | $313,464 | $89,604 | | -71% | $3,984 | $66,192 | $1,261 | $101 | ||
| Northern Trust* | Frederick H. Waddell | $85,072 | $87,066 | | 2% | $13,421 | $38,531 | $21,613 | $18,442 | ||
| Synovus Financial | Richard E. Anthony | $369,963 | $86,661 | | -77% | N/A | $685 | $74,976 | N/A | N/A | $11,000 |
| Capital One Financial | Richard D. Fairbank | $69,585 | $68,344 | | -2% | $19,740 | $46,278 | $771 | $7,500 | ||
| M&T Bank Corp | Robert G. Wilmers | $64,825 | $60,128 | | -7% | $22,548 | N/A | $201,054 | |||
| First Horizon National* | D. Bryan Jordan | $52,362 | $30,832 | | -41% | $8,997 | N/A | $21,835 | |||
| Citigroup* | Vikram S. Pandit | $0 | $16,193 | | | $13,800 | $2,393 | $13,500 | |||
| U.S. Bancorp | Richard K. Davis | $14,170 | $15,596 | | 10% | N/A | $9,200 | $3,055 | $3,341 | $0 | |
| Total | $10,597,723 | $11,028,550 | 4% | $3,702,368 | $2,749,539 | $2,074,107 | $830,704 | $519,760 | $1,152,003 | ||
| Average | $365,439 | $380,295 | 4% | $284,952 | $343,692 | $71,521 | $59,336 | $51,976 | $39,724 |
*New CEO in 2008, except for Vikram Pandit became Citigroup's CEO in December of 2007.
**Other includes club fees, financial planning, flexible perks, matching gifts, event tickets and dividends.
SOURCE: Equilar; securities filings | The Washington Post
