In 2021, Kelly S. King earned $4.36M in total compensation at Truist Financial, including $1.20M salary and $2.72M in stock. Most recently acquired 112,983 shares in Feb 2023. Currently holds stock worth $7.02M. Has donated $3.75M in stock to charitable causes. Led Truist Financial as CEO for 12 years.
Compensation History
Annual executive compensation data for Kelly S. King, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$4.36M
Salary
$1.20M
Bonus
$0.00
Other
$438.51K
Salary
$1.20MBoard Justification
The compensation philosophy emphasizes alignment with shareholder interests, performance-based pay, and retention of key executives.
Bonus
$0.00Board Justification
No cash bonus was awarded in 2021 as part of the compensation structure.
Other Compensation
$438.51KBoard Justification
Other compensation includes contributions to retirement plans and perquisites such as home security and limited use of corporate aircraft.
Restricted Stock
Board Justification
The restricted stock units (RSUs) granted in 2021 vested based on continued service and performance metrics, with a total of 50,990 shares vesting in 2021.
Performance Metrics
The performance metrics for 2021 included absolute EPS and relative ROAA performance, along with qualitative assessments of strategic priorities.
Kelly S. King
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
September 1, 1950 - 75 years ago
CEO of Truist Financial for
12 years 8 months (Jan 2009 - Sep 2021)
Previous Experience
Chief Operating Officer of BB&T Corporation
Holdings
Track Kelly S. King's stock holdings and portfolio value over time.
Total Stock Sold
$4.42M
$4.42M
71,640.271 TFC shares
What if they kept their stock?
If Kelly S. King didn't sell their stock, today they would have:
Extra TFC71,640.271 shares worth $3.42M.
This is -22.76% and $1.01M less than what they got when they sold the stock.
Charitable Transactions
78,593 shares
TFC
Recent Charitable Transactions
30,181 shares
TFC
Jan 19, 2022
Charity
39,433 shares
TFC
Apr 16, 2021
Charity
8,979 shares
TFC
Dec 18, 2019
Charity
Insider Trading
Kelly S. King's recent stock transactions, purchases, and sales filed with the SEC.
112,983 shares
TFC
Feb 27, 2023
Received
$1.53K
TFC at $52.19/share
Apr 20, 2022
Sale
61,318 shares
TFC
Feb 21, 2022
Received
30,181 shares
TFC
Jan 19, 2022
Charity
$4.44M
TFC at $61.98/share
Oct 18, 2021
Sale
39,433 shares
TFC
Apr 16, 2021
Charity
72,424 shares
TFC
Feb 22, 2021
Received
71,310 shares
TFC
Jan 27, 2020
Received
8,979 shares
TFC
Dec 18, 2019
Charity
8,979 shares
TFC
Dec 18, 2019
Charity
Rivals
Compare Kelly S. King 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