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Proxy statement examples may include the information about the directors' salaries, information about the bonus to the directors, additional the number of board of directors. The board forms the top layer of the hierarchy and focuses on ensuring that the company efficiently achieves its goals.
The average Eastern Bank executive compensation is $233,005 a year. The median estimated compensation for executives at Eastern Bank including base salary and bonus is $238,713, or $114 per hour. At Eastern Bank, the most compensated executive makes $450,000, annually, and the lowest compensated makes $53,000.
The median estimated compensation for executives at Silicon Valley Bank including base salary and bonus is $227,880, or $109 per hour.
At Bank of the West, the most compensated executive makes $650,000, annually, and the lowest compensated makes $72,200.
The proxy statements provide information relevant to shareholder votes scheduled for those meetings. Most companies schedule their annual shareholders' meetings to take place a few months after the close of the fiscal year, giving companies time to gather their financial statements and have them audited.
Average Bank of America Executive yearly pay in the United States is approximately $167,803, which is 93% above the national average.
Key Executives NameTitlePayMr. Thomas J. KemlyPresident, CEO & Director1.66MMr. Dennis E. Gibney C.F.A.Executive VP & CFO763kMr. Edward Thomas Allen Jr.Senior Executive VP & COO941.99kMr. John KlimowichExecutive VP & Chief Risk Officer666.69k6 more rows