In 2016, Eric W. Aboaf earned $1.00M in total compensation at Citizens Financial Group, including $600.00K salary, $200.00K bonus and $150.00K in stock. Most recently sold 7,000 shares in Aug 2024. Currently holds stock worth $21.01M. Led Citizens Financial Group as CEO for 1 years.
Compensation History
Annual executive compensation data for Eric W. Aboaf, including salary, bonuses, and stock awards.
Year
2016
Total Compensation
$1.00M
Salary
$600.00K
Bonus
$200.00K
Other
$50.00K
Salary
$600.00KBoard Justification
The compensation philosophy aligns with company performance, focusing on long-term value creation and competitive benchmarking against peers to retain top talent.
Bonus
$200.00KBoard Justification
The bonus is based on the company's performance metrics including financial targets and individual performance assessments for the year 2016.
Other Compensation
$50.00KBoard Justification
Other compensation includes retirement plan contributions and other benefits provided to the CEO in 2016.
Restricted Stock
Board Justification
The stock that vested in 2016 was part of a long-term incentive plan that rewards performance over a multi-year period, with shares vesting based on meeting specific performance criteria.
Performance Metrics
Performance metrics included return on equity, net income growth, and other key financial indicators relevant to the banking sector.
Eric W. Aboaf
Ex-CEO of Citizens Financial Group
Education
Bachelor's degree in finance from the University of Michigan.
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1966 - 59 years ago
CEO of Citizens Financial Group for
1 year 8 months (Apr 2015 - Dec 2016)
Previous Experience
Global Treasurer for Citigroup; CFO of Citigroup’s North American Consumer Group.
Other Citizens Financial Group CEOs
Holdings
Track Eric W. Aboaf's stock holdings and portfolio value over time.
Total Stock Sold
$4.61M
$4.61M
64,785 STT shares
What if they kept their stock?
If Eric W. Aboaf didn't sell their stock, today they would have:
Extra STT64,785 shares worth $7.90M.
This is 71.12% and $3.28M more than what they got when they sold the stock.
Insider Trading
Eric W. Aboaf's recent stock transactions, purchases, and sales filed with the SEC.
$553.63K
STT at $79.09/share
Aug 14, 2024
Sale
$918.36K
STT at $76.53/share
May 14, 2024
Sale
$886.80K
STT at $73.90/share
Feb 29, 2024
Sale
23,471 shares
STT
Feb 23, 2024
Received
24,721 shares
STT
Feb 15, 2024
Received
$651.55K
STT at $65.16/share
Nov 1, 2023
Sale
$800.17K
STT at $67.32/share
Aug 21, 2023
Sale
$815.44K
STT at $68.53/share
May 19, 2023
Sale
22,767 shares
STT
Feb 24, 2023
Received
33,303 shares
STT
Feb 15, 2023
Received
Rivals
Compare Eric W. Aboaf with competitor CEOs and industry peers.
Harris H. Simmons
CEO of Zions Bancorporation
2023 Compensation
Stock
$1.56M
Salary
$1.06M
Bonus
$1.15M
Other
$67.14K
Total Holdings
$1.15M
Vincent J. Delie, Jr.
CEO of F.N.B. Corporation
2023 Compensation
Stock
$11.00M
Salary
$1.19M
Bonus
$0.00
Other
$649.18K
Total Holdings
$24.28M
William S. Demchak
CEO of PNC Financial Services
2023 Compensation
Stock
$11.60M
Salary
$1.20M
Bonus
$4.41M
Other
$797.60K
Total Holdings
$469.09K
Zachary J. Wasserman
CEO of Huntington Bancshares
2022 Compensation
Stock
$0.00
Salary
$1.10M
Bonus
$0.00
Other
$474.99K
Total Holdings
$229.24K