John M. Turner Jr. has been leading Regions Financial Corporation as CEO since July 2, 2018. He has a solid background in finance, earning a degree from the University of Alabama. Before becoming CEO, he served as President of Regions...

John M. Turner Jr. has been leading Regions Financial Corporation as CEO since July 2, 2018. He has a solid background in finance, earning a degree from the University of Alabama. Before becoming CEO, he served as President of Regions Bank and has been with the company since 2011. Turner held several important roles including regional president for the South and head of the Corporate Banking Group. His experience includes guiding banking operations across multiple states and developing corporate strategic plans. Known for his focus on performance, his total compensation in 2023 reached about $9.2 million, showcasing how closely tied his pay is to the success of the company. Interestingly, his insider trading activity showed substantial fluctuations, peaking with over $11 million in trades early 2023. Turner also emphasizes a culture of customer service and diversity within the company. He manages to combine strategic growth with cautious risk management, which keeps Regions on a steady path in the competitive banking industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Regions Financial CEOs

R

John M. Turner Jr.

CEO of Regions Financial

Education

Bachelor's degree from the University of Alabama

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

May 18, 1961 - 64 years ago

CEO of Regions Financial for

6 years 11 months (Jul 2018 - Present)

Previous Experience

Head of Regions' Corporate Banking Group

Rivals

Competitors/colleagues of John M. Turner Jr.

W

Timothy S. Crane

CEO of Wintrust Financial

2023 Compensation

Stock

$276.30K

Salary

$1.00M

Bonus

$1.14M

Other

$33.85K

Total Holdings

$8.91M

C

John F. Woods

CEO of Citizens Financial Group

2023 Compensation

Stock

$150.00K

Salary

$950.00K

Bonus

$300.00K

Other

$100.00K

Total Holdings

$13.28M

F

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

$24.80M

P

William S. Demchak

CEO of PNC Financial Services

2023 Compensation

Stock

$11.60M

Salary

$1.20M

Bonus

$4.41M

Other

$797.60K

Total Holdings

$100.55M

M

René F. Jones

CEO of M&T Bank

2017 Compensation

Stock

$1.04M

Salary

$745.00K

Bonus

$1.10M

Other

$115.98K

Total Holdings

$16.92M

Holdings

See how much did John M. Turner Jr. make over time.

John M. Turner Jr. has seen notable fluctuations in his stock holdings in Regions Financial. At different times, he has executed insider trading that saw his stock trades reach considerable values, with peaks of approximately $11 million in early 2023....

John M. Turner Jr. has seen notable fluctuations in his stock holdings in Regions Financial. At different times, he has executed insider trading that saw his stock trades reach considerable values, with peaks of approximately $11 million in early 2023. His trading activity reflects a dynamic engagement with the company's performance, indicating that he keeps a close eye on market conditions. His trading peaked in February 2023 with trades of around $11.67 million and has seen consistent activity since 2019 ranging between $1.98 million and $25.48 million. This strategic trading approach underlines his commitment to aligning personal success with the company’s outcomes, effectively putting a spotlight on the significance of leadership accountability.

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Charitable Transactions

RF

27,700 shares

RF

Recent Charitable Transactions

RF

5,000 shares

RF

Dec 31, 2022

Charity

RF

5,000 shares

RF

Dec 31, 2021

Charity

RF

5,000 shares

RF

Apr 2, 2021

Charity

RF

3,000 shares

RF

Dec 31, 2020

Charity

RF

5,000 shares

RF

Dec 31, 2019

Charity

RF

2,500 shares

RF

Dec 31, 2018

Charity

Insider Trading

See recent insider trades of John M. Turner Jr..

RF

125,358 shares

RF

Apr 1, 2024

Received

RF

242,955 shares

RF

Apr 1, 2023

Received

RF

5,000 shares

RF

Dec 31, 2022

Charity

RF

5,000 shares

RF

Dec 31, 2021

Charity

RF

5,000 shares

RF

Apr 2, 2021

Charity

RF

3,000 shares

RF

Dec 31, 2020

Charity

RF

5,000 shares

RF

Dec 31, 2019

Charity

RF

2,500 shares

RF

Dec 31, 2018

Charity

RF

2,200 shares

RF

Dec 31, 2017

Charity

RF

$112.25K

RF at $4.49/share

Aug 15, 2011

Purchase

Compensation History

See how much did John M. Turner Jr. make over time.

In 2023, John M. Turner Jr.'s total compensation was about $9.2 million. His salary was around $1.1 million, supplemented by a performance-based bonus of $1.5 million. Interestingly, unlike prior years, he did not receive any stock grants or options, highlighting a shift toward cash incentives directly linked to performance metrics. His compensation attempts to balance market competitiveness with alignment to company performance. A significant portion of his pay ties into how well Regions Financial Corporation meets its financial goals, reflecting a strong emphasis on performance-driven leadership and clear accountability. Over the past few years, his total pay has varied, showing growth and adjustments tied to corporate achievements and strategic initiatives.

Year

2023

Total Compensation

$2.94M

Salary

$1.10M

Board Justification

The compensation philosophy emphasizes performance-based pay aligned with company goals and shareholder interests, with a focus on retention and competitive benchmarking.

Bonus

$1.52M

Board Justification

Annual cash incentive based on corporate and individual performance metrics for 2023.

Other

$325.69K

Board Justification

Includes financial planning services, personal use of corporate aircraft, and matching contributions to retirement plans.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants vested in 2023 as all stock awards are subject to performance-based vesting and service requirements.

Performance Metrics

Performance metrics include adjusted net income available to common shareholders and adjusted efficiency ratio, with individual performance also considered.

Other Regions Financial CEOs

Here are other CEOs of Regions Financial

O.B. Grayson Hall, Jr.

Ex-CEO of Regions Financial

April 2010 - December 2018