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James M. Wells III
SunTrust Banks (STI) |
2009 Annual Comp.
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$5,829,902
$1,366,989
$0
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Base Salary |
$1,077,300 |
| Cash Bonus |
$0 |
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Stock Gains
Stock Expense
Stock Granted
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$1,365,395
$165,732
$0
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Options Gains
Options Expense
Options Granted
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$3,263,250
$0
$0
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| Other |
$123,957 |
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FYE 12/31/09 |
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Biography
James M. Wells III has been Chairman of the Board of SunTrust since April 29, 2009 and Chief Executive Officer of SunTrust since January 1, 2007. From December 9, 2004 until December 31, 2006, Mr. Wells was President and Chief Operating Officer of SunTrust. From August 2000 until December 9, 2004, Mr. Wells was a Vice Chairman of SunTrust with responsibility for oversight of our commercial, retail, mortgage and wealth and investment management lines of business, as well as senior executive responsibility for SunTrust's marketing and corporate strategy units. Mr. Wells has been a banker since 1968. Mr. Wells has served on many non-profit and educational institution boards, and is currently a director of the Federal Reserve Bank of Atlanta, the Georgia Research Alliance, and the Chairman of the Atlanta Committee for Progress. We believe that Mr. Wells' long banking career well qualifies him to serve on our Board.
| Board Memberships |  | SunTrust Chair of the Board | | Former Named Executive Positions |  | N/A | | Former Board Affiliations |  | N/A |
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Accumulated Wealth
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Total |
$33,101,924 |
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Equity Holdings |
$12,109,864 |
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Pension Balance |
$14,707,601 |
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Deferred Comp. Balance |
$6,284,459 |
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