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

TOTAL PERKS TYPE OF PERK
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

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