Eric W. Aboaf is a seasoned financial expert with a Bachelor's degree in finance from the University of Michigan. He previously held the position of Chief Financial Officer at Citizens Financial Group from 2015 until 2016. Before joining Citizens, he...

Number of Employees

17.57K

Year

2016

Total Compensation

$1.00M

Salary

$600.00K

Board Justification

The compensation philosophy aligns with company performance, focusing on long-term value creation and competitive benchmarking against peers to retain top talent.

Bonus

$200.00K

Board Justification

The bonus is based on the company's performance metrics including financial targets and individual performance assessments for the year 2016.

Other

$50.00K

Board Justification

Other compensation includes retirement plan contributions and other benefits provided to the CEO in 2016.

Restricted Stock

$150.00K(5K RSU)

Board Justification

The stock that vested in 2016 was part of a long-term incentive plan that rewards performance over a multi-year period, with shares vesting based on meeting specific performance criteria.

Performance Metrics

Performance metrics included return on equity, net income growth, and other key financial indicators relevant to the banking sector.

SEC Filing

From March 7, 2017