Sundar PichaiSundar Pichai earned $164M in 2023
R

John M. Turner Jr.

CEO of Regions Financial

Education

Bachelor's degree from the University of Alabama

Field of Expertise

Finance & Banking - Finance

Born

May 18, 1961 - 63 years ago

Economy Sector

Financial Services

Current Tenure

6 years 7 months (Jul 2018 - Present)

Previous Experience

Head of Regions' Corporate Banking Group

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...

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.