In 2008, John A. Allison IV earned $2.91M in total compensation at Truist Financial, including $999.90K salary and $1.69M in stock.
Compensation History
Annual executive compensation data for John A. Allison IV, including salary, bonuses, and stock awards.
Year
2008
Total Compensation
$2.91M
Salary
$999.90K
Bonus
$0.00
Other
$224.11K
Salary
$999.90KBoard Justification
BB&T's compensation philosophy emphasizes a pay-for-performance culture, aligning executive compensation with the long-term interests of shareholders, and is designed to attract and retain key talent in a competitive financial services industry.
Bonus
$0.00Board Justification
No bonus was paid to Mr. Allison for 2008 as the earnings per share performance threshold was not achieved.
Other Compensation
$224.11KBoard Justification
Other compensation includes contributions to retirement plans and other benefits.
Restricted Stock
Board Justification
Mr. Allison received 42,598 performance-based restricted stock units that vested based on the achievement of performance criteria over a three-year period, with the actual payment occurring at the end of the applicable performance period.
Performance Metrics
The performance metrics for 2008 included cash basis earnings per share and cash basis return on assets.
John A. Allison IV
Ex-CEO of Truist Financial
Education
Bachelor's degree from the University of North Carolina at Chapel Hill
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
December 1, 1949 - 76 years ago
CEO of Truist Financial for
0 years 11 months (Jan 2008 - Dec 2008)
Previous Experience
CEO of BB&T Corporation
Other Truist Financial CEOs
Holdings
Track John A. Allison IV's stock holdings and portfolio value over time.
Insider Trading
John A. Allison IV's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare John A. Allison IV 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
John F. Woods
CEO of Citizens Financial Group
2023 Compensation
Stock
$150.00K
Salary
$950.00K
Bonus
$300.00K
Other
$100.00K
Total Holdings
$11.21M
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