Synovus Financial Management

Management criteria checks 3/4

Synovus Financial's CEO is Kevin Blair, appointed in Dec 2019, has a tenure of 4.75 years. total yearly compensation is $5.31M, comprised of 19.1% salary and 80.9% bonuses, including company stock and options. directly owns 0.093% of the company’s shares, worth €5.25M. The average tenure of the management team and the board of directors is 5 years and 5.4 years respectively.

Key information

Kevin Blair

Chief executive officer

US$5.3m

Total compensation

CEO salary percentage	19.1%
CEO tenure	4.8yrs
CEO ownership	0.09%
Management average tenure	5yrs
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kevin Blair's remuneration changed compared to Synovus Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$239m
Mar 31 2024	n/a	n/a	US$429m
Dec 31 2023	US$5m	US$1m	US$508m
Sep 30 2023	n/a	n/a	US$645m
Jun 30 2023	n/a	n/a	US$752m
Mar 31 2023	n/a	n/a	US$756m
Dec 31 2022	US$5m	US$970k	US$725m
Sep 30 2022	n/a	n/a	US$719m
Jun 30 2022	n/a	n/a	US$703m
Mar 31 2022	n/a	n/a	US$711m
Dec 31 2021	US$6m	US$865k	US$727m
Sep 30 2021	n/a	n/a	US$677m
Jun 30 2021	n/a	n/a	US$582m
Mar 31 2021	n/a	n/a	US$489m
Dec 31 2020	US$3m	US$695k	US$341m
Sep 30 2020	n/a	n/a	US$342m
Jun 30 2020	n/a	n/a	US$386m
Mar 31 2020	n/a	n/a	US$454m
Dec 31 2019	US$3m	US$674k	US$541m
Sep 30 2019	n/a	n/a	US$499m
Jun 30 2019	n/a	n/a	US$471m
Mar 31 2019	n/a	n/a	US$427m
Dec 31 2018	US$2m	US$598k	US$410m
Sep 30 2018	n/a	n/a	US$336m
Jun 30 2018	n/a	n/a	US$332m
Mar 31 2018	n/a	n/a	US$297m
Dec 31 2017	US$2m	US$580k	US$265m

Compensation vs Market: Kevin's total compensation ($USD5.31M) is above average for companies of similar size in the German market ($USD3.41M).

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.

CEO

Kevin Blair (53 yo)

4.8yrs

Tenure

US$5,310,963

Compensation

Mr. Kevin S. Blair joined Synovus Financial Corp. in August 2016 as Executive Vice President and Chief Financial Officer. He was appointed Senior Executive Vice President, Chief Operating Officer in Decemb...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kevin Blair	CEO, President & Chairman	4.8yrs	US$5.31m	0.093% $ 5.2m
Andrew Gregory	Executive VP & CFO	5.3yrs	US$2.01m	0.027% $ 1.5m
Daniel Bishop	Executive VP and Head of Technology	no data	US$1.59m	0.025% $ 1.4m
D. Akins	Chief Community Banking & Wealth Services Officer and Executive VP	12.7yrs	US$1.57m	0.030% $ 1.7m
Kevin Howard	Executive VP & Chief Wholesale Banking Officer	16yrs	US$1.62m	0.043% $ 2.4m
Jill Hurley	Chief Accounting Officer & Controller	6.1yrs	no data	0% $ 0
Thomas Dierdorff	Executive VP and Head of Corporate & Investment Banking	2.8yrs	no data	0.010% $ 581.8k
Jennifer Demba	Director of Investor Relations	1.2yrs	no data	no data
Allan Kamensky	Executive VP & General Counsel	10.6yrs	US$1.13m	0.050% $ 2.8m
Gloria Banks	Executive VP & Chief Compliance and Ethics Officer	no data	no data	no data
Sharon Goodwine	Executive VP & Chief Human Resources Officer	3.3yrs	no data	0.013% $ 728.7k
Alison Dowe	Executive Vice President	less than a year	no data	no data

5.0yrs

Average Tenure

53yo

Average Age

Experienced Management: SYU1's management team is seasoned and experienced (5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Blair	CEO, President & Chairman	3.8yrs	US$5.31m	0.093% $ 5.2m
Diana Murphy	Independent Director	7.1yrs	US$230.50k	0.019% $ 1.0m
John Stallworth	Independent Director	7.1yrs	US$203.00k	0.016% $ 876.7k
Teresa White	Independent Director	5.4yrs	US$202.50k	0.0077% $ 435.0k
Alexandra Villoch	Independent Director	2.2yrs	US$200.00k	0% $ 0
Harris Pastides	Independent Director	10.4yrs	US$224.35k	0.022% $ 1.2m
John Irby	Independent Director	2.2yrs	US$205.50k	0.077% $ 4.4m
Pedro Cherry	Independent Director	4yrs	US$235.50k	0.0041% $ 229.9k
Barry Storey	Independent Director	11.4yrs	US$207.60k	0.036% $ 2.0m
Tim Bentsen	Lead Independent Director	10.4yrs	US$260.00k	0.019% $ 1.1m
Stacy Lynn Apter	Independent Director	1.4yrs	US$192.25k	0.00085% $ 48.0k

5.4yrs

Average Tenure

64yo

Average Age

Experienced Board: SYU1's board of directors are considered experienced (5.4 years average tenure).

Synovus Financial Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently bought €848k worth of stock

Executive VP & CFO recently bought €1.0m worth of stock

Synovus Financial Corp., Annual General Meeting, Apr 24, 2024

Executive VP & General Counsel recently sold €626k worth of stock

Synovus Names Jennifer Demba Director of Investor Relations

Executive VP & CFO recently bought €55k worth of stock

Recent updates

Second quarter dividend of US$0.38 announced

Synovus Financial Corp. Announces Quarterly Dividends, Payable on October 1, 2024

Second quarter 2024 earnings released: US$0.096 loss per share (vs US$1.14 profit in 2Q 2023)

Synovus Financial Corp. to Report Q2, 2024 Results on Jul 17, 2024

Insider recently bought €848k worth of stock

First quarter dividend of US$0.38 announced

Synovus Financial Corp. Announces Quarterly Dividends, Payable on July 1, 2024

Executive VP & CFO recently bought €1.0m worth of stock

First quarter 2024 earnings released: EPS: US$0.78 (vs US$1.33 in 1Q 2023)

Synovus Financial Corp., Annual General Meeting, Apr 24, 2024

First quarter 2024 earnings released: EPS: US$0.85 (vs US$1.33 in 1Q 2023)

Synovus Introduces Accelerate Pay for Business Payments

Synovus Financial Corp. to Report Q1, 2024 Results on Apr 17, 2024

Upcoming dividend of US$0.38 per share

Fourth quarter dividend of US$0.38 announced

Synovus Announces Quarterly Dividends, Payable on April 1, 2024

Full year 2023 earnings released: EPS: US$3.48 (vs US$4.99 in FY 2022)

Full year 2023 earnings released: EPS: US$3.48 (vs US$4.99 in FY 2022)

Synovus Financial Corp. to Report Q4, 2023 Results on Jan 17, 2024

Upcoming dividend of US$0.38 per share at 4.3% yield

Executive VP & General Counsel recently sold €626k worth of stock

Investor sentiment improves as stock rises 16%

Synovus Announces Quarterly Common Stock Dividends, Payable on January 2, 2024

Synovus Financial Corp. Announces Offer to Purchase Up to $150 Million Aggregate Principal Amount of Its 5.900% Fixed-To-Fixed Rate Subordinated Notes Due 2029

Synovus Financial Corp. Provides Revenue Guidance for the Full Year 2023

Synovus Financial Corp. Provides Revenue Guidance for the Full Year 2023

Third quarter 2023 earnings released: EPS: US$0.60 (vs US$1.34 in 3Q 2022)

Synovus Financial Corp. to Report Q3, 2023 Results on Oct 19, 2023

Upcoming dividend of US$0.38 per share at 5.0% yield

Synovus Financial Corp. Declares Quarterly Dividend on its Common Stock, Payable on October 2, 2023

Synovus Financial Corp. Reports Net Charge Off for the Second Quarter Ended June 30, 2023

Second quarter 2023 earnings released: EPS: US$1.14 (vs US$1.17 in 2Q 2022)

Synovus Names Jennifer Demba Director of Investor Relations

Synovus Financial Corp. to Report Q2, 2023 Results on Jul 20, 2023

Investor sentiment improves as stock rises 18%

Upcoming dividend of US$0.38 per share at 4.9% yield

Synovus Financial Corp. Declares Quarterly Dividend, Payable on July 3, 2023

Executive VP & CFO recently bought €55k worth of stock

First quarter 2023 earnings released: EPS: US$1.33 (vs US$1.12 in 1Q 2022)

Investor sentiment deteriorates as stock falls 26%

Upcoming dividend of US$0.38 per share at 3.9% yield

Full year 2022 earnings released: EPS: US$4.99 (vs US$4.95 in FY 2021)

Insider recently sold €79k worth of stock

Full year 2022 earnings released: EPS: US$4.99 (vs US$4.95 in FY 2021)

Synovus Financial Corp. Reports Net Charge Offs for the Fourth Quarter Ended December 31, 2022

Synovus Financial Corp. to Report Q4, 2022 Results on Jan 19, 2023

Synovus Financial Corp. Announces Management Changes

Upcoming dividend of US$0.34 per share

Synovus Financial Corp. Announces Quarterly Dividend, Payable on Jan. 3, 2023

Synovus Financial Corp. Appoints Stephanie Wise as Bank Secrecy Act and Anti-Money Laundering Executive Director

Third quarter 2022 earnings released: EPS: US$1.34 (vs US$1.22 in 3Q 2021)

Synovus Financial Corp. Announces Executive Changes

Synovus Financial Corp. to Report Q3, 2022 Results on Oct 20, 2022

Upcoming dividend of US$0.34 per share

Synovus Financial Corp. Announces Quarterly Dividend, Payable on October 3, 2022

Synovus Financial Corp. Appoints Shellie Creson as Chief Risk Officer

Second quarter 2022 earnings released: EPS: US$1.17 (vs US$1.20 in 2Q 2021)

Synovus Financial Corp. Reports Net Charge Off for the Second Quarter Ended June 30, 2022

Synovus Financial Corp. Announces Board Appointments, Effective July 1, 2022

Synovus Financial Corp. to Report Q2, 2022 Results on Jul 21, 2022

Synovus Financial Corp. and Synovus Bank Appoint Shellie R. Creson as Executive Vice President and Chief Risk Officer, Effective on or About August 1, 2022

Upcoming dividend of US$0.34 per share

Synovus Announces Quarterly Dividend, Payable on July 1, 2022

Executive VP & CFO recently bought €81k worth of stock

First quarter 2022 earnings released: EPS: US$1.12 (vs US$1.20 in 1Q 2021)

First quarter 2022 earnings released: EPS: US$1.12 (vs US$1.20 in 1Q 2021)

Synovus Financial Corp. to Report Q1, 2022 Results on Apr 21, 2022

Upcoming dividend of US$0.34 per share

Synovus Financial Corp. Declares Quarterly Dividend, Payable on April 1, 2022