Kelly S. King has been at the helm of Truist Financial Corporation since its formation in 2019, but he's been in the game much longer. He started his journey with BB&T back in 1972 and made his way up the...

Current Market Cap

$57.24B

Number of Employees

50.83K

Total Compensation

2017 - 2021

Trending down by -13.13% last year
Showing total compensation for the last 2017 - 2021

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Down by -100.00% last year

Other

Up by 9.87% last year

Year

2021

Total Compensation

$4.36M

Salary

$1.20M

Board Justification

The compensation philosophy emphasizes alignment with shareholder interests, performance-based pay, and retention of key executives.

Bonus

$0.00

Board Justification

No cash bonus was awarded in 2021 as part of the compensation structure.

Other

$438.51K

Board Justification

Other compensation includes contributions to retirement plans and perquisites such as home security and limited use of corporate aircraft.

Restricted Stock

$2.72M(50.99K RSU)

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.

SEC Filing

From March 14, 2022