Alexander KarpAlexander Karp earned $1B in 2024

In 2022, Thomas P. (Todd) Gibbons earned $9.29M in total compensation at Bank of New York Mellon, including $1.10M salary and $8.07M in stock. Most recently acquired 11,955 shares in May 2024. Currently holds stock worth $26.35M. Has donated $36.31M in stock to charitable causes. Led Bank of New York Mellon as CEO for 2 years.

Compensation History

Annual executive compensation data for Thomas P. (Todd) Gibbons, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$9.29M

Salary

$1.10M

Bonus

$0.00

Other

$121.93K

Salary

$1.10M

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on long-term value creation for stockholders.

Bonus

$0.00

Board Justification

No cash bonus was awarded for 2022.

Other Compensation

$121.93K

Board Justification

Other compensation includes personal usage of corporate aircraft and contributions to defined contribution plans.

Restricted Stock

$8.07M144.89K RSU

Board Justification

The stock awards that vested in 2022 were based on prior grants and performance metrics achieved during the performance periods.

Performance Metrics

The performance metrics for 2022 included operating earnings per share (OEPS) and return on tangible common equity (ROTCE).

B

Thomas P. (Todd) Gibbons

Ex-CEO of Bank of New York Mellon

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

July 1, 1957 - 68 years ago

CEO of Bank of New York Mellon for

2 years 5 months (Mar 2020 - Aug 2022)

Previous Experience

Vice Chairman and Chief Executive Officer of Clearing, Markets and Client Management.

Holdings

Track Thomas P. (Todd) Gibbons's stock holdings and portfolio value over time.

Total Stock Sold

$91.60M

BK

$91.60M

2,104,442 BK shares

What if they kept their stock?

If Thomas P. (Todd) Gibbons didn't sell their stock, today they would have:
Extra BK2,104,442 shares worth $239.80M.
This is 161.8% and $148.20M more than what they got when they sold the stock.

Charitable Transactions

BK

318,623 shares

BK

Recent Charitable Transactions

BK

134,000 shares

BK

Jan 26, 2022

Charity

BK

38,956 shares

BK

Dec 31, 2013

Charity

BK

145,667 shares

BK

Jan 18, 2013

Charity

Insider Trading

Thomas P. (Todd) Gibbons's recent stock transactions, purchases, and sales filed with the SEC.

IVZ

11,955 shares

IVZ

May 15, 2024

Received

IVZ

14,007 shares

IVZ

May 15, 2023

Received

BK

$10.34M

BK at $43.24/share

Aug 8, 2022

Sale

BK

41,040.684 shares

BK

Feb 18, 2022

Received

BK

58,535 shares

BK

Feb 7, 2022

Received

BK

134,000 shares

BK

Jan 26, 2022

Charity

BK

134,000 shares

BK

Jan 26, 2022

Charity

BK

$8.02M

BK at $51.46/share

May 12, 2021

Sale

BK

22,878.8 shares

BK

Feb 26, 2021

Received

BK

72,587 shares

BK

Feb 8, 2021

Received

Rivals

Compare Thomas P. (Todd) Gibbons with competitor CEOs and industry peers.