Big bank execs: What they take home

When times were good, the top executives from the largest U.S. banks made a mint. Below is the total compensation in 2007 for the 9 banks that received the first batch of government aid through TARP.


Bank Executive Salary Total
Compensation
Bank of America Kenneth D. Lewis
Chairman and CEO
$1.5 million $24.8 million
Bank of America Joe L. Price
Chief Financial Officer
$800,000 $6.5 million
Bank of America Amy Woods Brinkley
Global Risk Executive
$800,000 $9.3 million
Bank of America Barbara J. Desoer
Global Technology and Operations Executive
$800,000 $10.5 million
Bank of America Liam E. McGee
President Global Consumer and Small Business Banking
$800,000 $12.2 million
Bank of America Brian T. Moynihan
President of Global Corporate and Investment Banking
$718,859 $10.1 million
Bank of America R. Eugene Taylor
Former Vice Chairman and Former President, Global Corporate and Investment Banking
$800,000 $3.3 million
Citigroup Sir Winfried Bischoff
Chairman
$373,734 $6.1 million
Citigroup Vikram Pandit
CEO
$250,000 573,813
Citigroup Gary Crittenden
Chief Financial Officer
$403,410 $19.4 million
Citigroup Sallie Krawcheck
Chair and CEO—GWM
$500,000 $7.1 million
Citigroup Lewis Kaden
Vice Chairman
$500,000 $6.8 million
Citigroup Michael Klein
CEO- Global Banking
$212,500 $7.9 million
Citigroup Stephen Volk
Vice Chairman
$212,500 $7.6 million
Citigroup Charles Prince
Former Chairman and CEO
$1 million $15.1 million
Goldman Sachs Lloyd C. Blankfein
Chairman and CEO
$600,000 $70.3 million
Goldman Sachs Gary D. Cohn
President and Chief Operating Officer
$600,000 $72.5 million
Goldman Sachs Jon Winkelried
President and Chief Operating Officer
$600,000 $71.5 million
Goldman Sachs David A. Viniar
Chief Financial Officer
$600,000 $58.5 million
Goldman Sachs Edward C. Forst
Chief Administrative Officer
$600,000 $49.1 million
JP Morgan Chase James Dimon
Chairman and CEO
$1 million $27.8 million
JP Morgan Chase Michael J. Cavanagh
Chief financial officer
$500,000 $8.3 million
JP Morgan Chase Steven D. Black
Co-CEO Investment Bank
$400,000 $20.9 million
JP Morgan Chase James E. Staley
CEO Asset Management
$400,000 $16.7 million
JP Morgan Chase William T. Winters
Co-CEO Investment Bank
$564,379 $21.2 million
Merrill Lynch John A. Thain
Chief Executive Officer
$57,692 $17.3 million
Merrill Lynch Nelson Chai
Executive Vice President and Chief Financial Officer
$34,615 $1.7 million
Merrill Lynch Gregory J. Fleming
President & Chief Operating Officer
$350,000 $27.4 million
Merrill Lynch Robert J. McCann
Executive Vice President
$350,000 $5 million
Merrill Lynch Jeffrey N. Edwards
Former Chief Financial Officer
$275,000 $2.6 million
Merrill Lynch E. Stanley O’Neal
Former Chief Executive Officer
$584,231 $24.3 million
Merrill Lynch Ahmass L. Fakahany
Former Co-President and Co-Chief Operating Officer
$350,000 $4.6 million
Merrill Lynch Dow Kim
Former Executive Vice President
$309,615 $14.5 million
Morgan Stanley John J. Mack
Chairman and CEO
$800,000 $1.6 million
Morgan Stanley Colm Kelleher
Chief Financial Officer
$339,603 $21 million
Morgan Stanley David H. Sidwell
Former Chief Financial Officer
$275,000 $14.6 million
Morgan Stanley Robert W. Scully
Co-President
$500,000 $15.2 million
Morgan Stanley Gary G. Lynch
Chief Legal Officer
$300,000 $11.9 million
Morgan Stanley Thomas R. Nides
Chief Administrative Officer
$300,000 $6.3 million
New York Mellon Bank Robert P. Kelly
Chief Executive Officer
$975,000   $20.1 million
New York Mellon Bank Thomas A. Renyi
Executive Chairman
$1 million $22.2 million
New York Mellon Bank Gerald L. Hassell
President
$800,000   $11.8 million
New York Mellon Bank Bruce W. Van Saun
Vice Chariman and Chief Financial Officer
$650,000 $8.9 million
New York Mellon Bank Steven G. Elliott
Senior Vice Chairman
$675,000 $19.7 million
New York Mellon Bank Ronald P. O'Hanley
Vice Chairman
$675,000   $11.5 million
State Street Corp. Ronald E. Logue
Chief Executive Officer
$1 million $28.3 million
State Street Corp. Edward J. Resch
Chief Financial Officer
$650,000 $6.6 million
State Street Corp. Joseph L. Hooley
Vice Chairman
$725,000 $10.3 million
State Street Corp. Joseph C. Antonellis
Vice Chairman
$675,000 $9 million
State Street Corp. James S. Phalen
Executive Vice President
$480,000 $7 million
Wells Fargo Richard M. Kovacevich
Chairman
$995,000 $22.9 million
Wells Fargo John G. Stumpf
President & Chief Executive Officer
$749,615 $12.6 million
Wells Fargo Howard I. Atkins
Senior Executive Vice President & Chief Financial Officer
$600,000 $5.1 million
Wells Fargo David A. Hoyt
Senior Executive Vice President, Wholesale Banking
$600,000 $6.4 million
Wells Fargo Mark C. Oman
Senior Executive Vice President, Home & Consumer Finance
$600,000 $6.4 million
Wells Fargo Carrie L. Tolstedt
Senior Executive Vice President, Community Banking
$495,192 $4 million
Source: Company proxy statements for 2007.


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