The Bank of New York Mellon Corporation

NYSE:BK Stock Report

Market Cap: US$43.0b

Bank of New York Mellon Management

Management criteria checks 3/4

Bank of New York Mellon's CEO is Robin Vince, appointed in Mar 2022, has a tenure of 2.17 years. total yearly compensation is $16.80M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.012% of the company’s shares, worth $5.26M. The average tenure of the management team and the board of directors is 2.7 years and 3.8 years respectively.

Key information

Robin Vince

Chief executive officer

US$16.8m

Total compensation

CEO salary percentage7.7%
CEO tenure2.2yrs
CEO ownership0.01%
Management average tenure2.7yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Bank of New York Mellon: An Emerging Growth Story (Rating Upgrade)

Apr 23

Results: The Bank of New York Mellon Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Apr 18
Results: The Bank of New York Mellon Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Bank of New York Mellon: A Dividend Grower With $2 Trillion AUM, But Getting Expensive

Feb 09

Bank of New York Mellon: Higher Average Interest Rates Will Lead To Gains (Rating Upgrade)

Jan 18

Bank of New York Mellon: Still A Buy At +3% Yield And Earnings Growth (Ratings Downgrade)

Dec 11

BNY Mellon: Cheap But Without Growth Prospects

Oct 30

Bank of New York Mellon: Underperformance, But Nice Dividend

Oct 17

Bank of New York Mellon: 5 Reasons For Its Upgrade To Strong Buy

Aug 07

Bank of New York Mellon (NYSE:BK) Is Increasing Its Dividend To $0.42

Jul 21
Bank of New York Mellon (NYSE:BK) Is Increasing Its Dividend To $0.42

Is BNY Mellon A Good Buy Ahead Of Its Q1 Results?

Jul 12

BNY Mellon expands outsourced trading to buy-side firms

Jan 25

BofA reinstates BNY Mellon at Buy on earnings defensibility, limited credit risk

Jan 12

BNY Mellon: Great Time To Buy Before The Market Wakes Up

Dec 29

BNY Mellon to redeem $750M floating rate senior notes due 2023

Oct 18

BNY Mellon enables some U.S. clients to hold, transfer bitcoin, ether

Oct 11

BNY Mellon allows clients to assess how their portfolios align with ESG goals

Sep 29

Bank of New York Mellon declares $0.0185 dividend

Aug 24

Bank of New York Mellon: A Bargain-Priced Asset Manager You'll Want To Own

Jul 23

Bank of New York Mellon (NYSE:BK) Is Increasing Its Dividend To $0.37

Jul 18
Bank of New York Mellon (NYSE:BK) Is Increasing Its Dividend To $0.37

Bank of New York Mellon Q2 2022 Earnings Preview

Jul 14

BNY Mellon, Emirates NBD team up to accelerate growth in UAE capital markets

Jul 05

Bank of New York Mellon Stock Has Plunged But Is Not A Buy Yet

May 12

CEO Compensation Analysis

How has Robin Vince's remuneration changed compared to Bank of New York Mellon's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$3b

Dec 31 2023US$17mUS$1m

US$3b

Sep 30 2023n/an/a

US$3b

Jun 30 2023n/an/a

US$3b

Mar 31 2023n/an/a

US$3b

Dec 31 2022US$11mUS$917k

US$2b

Sep 30 2022n/an/a

US$3b

Jun 30 2022n/an/a

US$3b

Mar 31 2022n/an/a

US$3b

Dec 31 2021US$9mUS$750k

US$4b

Sep 30 2021n/an/a

US$3b

Jun 30 2021n/an/a

US$3b

Mar 31 2021n/an/a

US$3b

Dec 31 2020US$5mUS$188k

US$3b

Compensation vs Market: Robin's total compensation ($USD16.80M) is about average for companies of similar size in the US market ($USD13.59M).

Compensation vs Earnings: Robin's compensation has increased by more than 20% in the past year.


CEO

Robin Vince (51 yo)

2.2yrs

Tenure

US$16,801,167

Compensation

Mr. Robin Antony Vince is a Trustee at Hospital for Special Surgery since September 2023. He is President and Chief Executive Officer of The Bank of New York Mellon Corporation and a member of its Board of...


Leadership Team

NamePositionTenureCompensationOwnership
Robin Vince
President2.2yrsUS$16.80m0.012%
$ 5.3m
Dermot McDonogh
Senior Executive VP & CFO1.3yrsUS$11.12m0.0012%
$ 511.5k
Catherine Keating
Senior Executive VP & Global Head of Wealth Management5.8yrsUS$6.42m0.0021%
$ 907.0k
Senthil Kumar
Senior EVP & Chief Risk Officer4.8yrsUS$6.89m0.0078%
$ 3.4m
Hanneke Smits
Senior EVP & Global Head of Investment Management3.6yrsno data0.025%
$ 10.9m
Alejandro Perez
Chief Administrative Officer & Interim Chief People Officer1.3yrsno datano data
Marius Merz
Head of Investor Relationsno datano datano data
Mark Musi
Chief Compliance & Ethics Officerno datano datano data
Jane McCarthy
Senior EVP & General Counsel10.1yrsno data0.0062%
$ 2.7m
Natalie Sunderland
Global Head of Marketing & Communications2.7yrsno datano data
Brian Ruane
Senior EVP & Global Head of Clearance and Collateral Management1.3yrsno datano data
John Roy
Executive VP & Chief Operating Officer of Corporate Treasuryno datano datano data

2.7yrs

Average Tenure

57.5yo

Average Age

Experienced Management: BK's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robin Vince
President1.8yrsUS$16.80m0.012%
$ 5.3m
Alfred Zollar
Independent Director5.1yrsUS$335.00k0%
$ 0
Jeffrey Goldstein
Independent Director10.1yrsUS$340.00k0.0049%
$ 2.1m
Ralph Izzo
Independent Director3.8yrsUS$335.00k0.0016%
$ 687.8k
Linda Cook
Independent Director7.4yrsUS$335.00k0%
$ 0
Elizabeth Beshel E. Robinson
Independent Director7.6yrsUS$457.50k0.00056%
$ 240.7k
Joseph Echevarria
Independent Chairman of the Board9.3yrsUS$485.00k0.0075%
$ 3.2m
Sandie O'Connor
Independent Director2.4yrsUS$420.00k0%
$ 0
M. Gilliland
Independent Director3.1yrsUS$310.00k0%
$ 0
Kumara Gowrappan
Independent Director3.1yrsUS$310.00k0%
$ 0
Rakefet Aminoach
Independent Directorless than a yearno datano data

3.8yrs

Average Tenure

57yo

Average Age

Experienced Board: BK's board of directors are considered experienced (3.8 years average tenure).


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