Bank Director’s 2019 Compensation Survey, sponsored by Compensation Advisors, surveyed 348 independent directors, chief executives, human resources officers and other senior executives of U.S. banks to examine trends in director and CEO compensation, and how banks are approaching succession planning and board refreshment. The survey was conducted in April 2019. At the same time, compensation data for directors and CEOs in fiscal year 2018 was collected from the proxy statements of 103 publicly traded financial institutions. Thirty-one percent of respondents represent a financial institution between $1 billion and $10 billion in assets, and almost one quarter a bank between $500 million and $1 billion. Forty-nine percent represent a publicly traded institution. Sixty-four percent are located in the South or the Midwest.
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