Synchrony Financial Management
Management criteria checks 2/4
Synchrony Financial's CEO is Brian Doubles, appointed in May 2019, has a tenure of 5.17 years. total yearly compensation is $19.18M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $31.16M. The average tenure of the management team and the board of directors is 5.5 years and 7 years respectively.
Key information
Brian Doubles
Chief executive officer
US$19.2m
Total compensation
| CEO salary percentage | 6.0% |
| CEO tenure | 5.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.5yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
Synchrony Financial: Comparing The 2 High Yielding Preferred Shares
Jun 26Synchrony Financial: Finally Getting Credit
Apr 26Synchrony Financial: Charge-Offs Create Downside Risk (Rating Downgrade)
Mar 05Synchrony Financial Offers 2 Good Income Options
Jan 24Synchrony Financial: 8.9% Yielding Preferred Shares Are Attractive
Nov 20Synchrony: A Buy As Credit Deterioration Slows
Oct 06Synchrony Financial Shares Have Recovered From The Banking Crisis But Are Still Cheap
Jul 19Synchrony Financial: 9.4% Yielding Bond Mispriced From Industry Crisis
May 29Synchrony credit card net charge-offs jump in January as delinquencies tick up
Feb 14Synchrony, furniture retailer Rooms To Go renew strategic financing partnership
Jan 25Synchrony Financial: Growth And Fundamental Stability Remains In Harmony
Jan 18Synchrony credit card metrics slip in November, edging down to prepandemic levels
Dec 15Synchrony Financial credit card net charge-offs increase in October
Nov 14Synchrony Financial declares $0.23 dividend
Oct 20Synchrony expands relationship with Sycle for integrated digital payment solutions
Oct 13Synchrony Financial: To Keep Watch Before Q3 Earnings
Sep 29Synchrony Financial credit card delinquency, charge off rates climb in August
Sep 12Synchrony's credit card delinquency, charge-off rates rise in July as loans increase
Aug 15Synchrony Financial GAAP EPS of $1.60 beats by $0.16, revenue of $2.87B beats by $130M
Jul 18Synchrony Financial Lower Profits Expected In 2022, But Trades At Fair Value
Jul 07Synchrony Financial's (NYSE:SYF) Dividend Will Be US$0.22
Apr 25
I Ran A Stock Scan For Earnings Growth And Synchrony Financial (NYSE:SYF) Passed With Ease
Apr 20Give Synchrony Credit For Growing Loan Balances
Apr 19Synchrony Financial: Abundant Upside Potential
Feb 25Synchrony Financial (NYSE:SYF) Will Pay A Dividend Of US$0.22
Jan 29Synchrony Financial: Sing Your Way To The Bank
Jan 13Synchrony Financial: Efficient Business At Fair Value
Oct 25Synchrony Financial (NYSE:SYF) Will Pay A Dividend Of US$0.22
Oct 25Synchrony Financial Continues To Rebound
Oct 15Synchrony Financial: Properly Positioned For 2022 (And Beyond)
Jul 23Amazon Visa Card Partnership Could Be A Win For Synchrony
Jun 13Synchrony Financial reshapes structure to get products to market faster
Jun 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$3b |
| Dec 31 2023 | US$19m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$14m | US$1m | US$3b |
| Sep 30 2022 | n/a | n/a | US$3b |
| Jun 30 2022 | n/a | n/a | US$4b |
| Mar 31 2022 | n/a | n/a | US$4b |
| Dec 31 2021 | US$9m | US$951k | US$4b |
| Sep 30 2021 | n/a | n/a | US$4b |
| Jun 30 2021 | n/a | n/a | US$3b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | US$5m | US$800k | US$1b |
| Sep 30 2020 | n/a | n/a | US$1b |
| Jun 30 2020 | n/a | n/a | US$2b |
| Mar 31 2020 | n/a | n/a | US$3b |
| Dec 31 2019 | US$5m | US$767k | US$4b |
| Sep 30 2019 | n/a | n/a | US$4b |
| Jun 30 2019 | n/a | n/a | US$3b |
| Mar 31 2019 | n/a | n/a | US$3b |
| Dec 31 2018 | US$4m | US$750k | US$3b |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$2b |
| Mar 31 2018 | n/a | n/a | US$2b |
| Dec 31 2017 | US$4m | US$750k | US$2b |
Compensation vs Market: Brian's total compensation ($USD19.18M) is above average for companies of similar size in the US market ($USD13.45M).
Compensation vs Earnings: Brian's compensation has increased by more than 20% in the past year.
CEO
Brian Doubles (48 yo)
5.2yrs
Tenure
US$19,175,684
Compensation
Mr. Brian D. Doubles serves as President, CEO & Director of Synchrony Bank. Mr. Doubles serves as President of Synchrony Financial since May 02, 2019 and serves as Chief Executive Officer and Director sinc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.2yrs | US$19.18m | 0.16% $ 31.2m | |
| Executive VP & CFO | 5.2yrs | US$5.74m | 0.035% $ 6.7m | |
| Executive VP and Chief Technology & Operating Officer | 3.1yrs | US$5.46m | 0.017% $ 3.2m | |
| Executive VP & Chief Risk and Legal Officer | 10.4yrs | US$4.93m | 0.036% $ 6.9m | |
| Executive VP and CEO of Home & Auto | 5.5yrs | US$4.51m | 0.030% $ 5.7m | |
| Senior VP | 10.4yrs | no data | 0.0039% $ 747.4k | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 5.7yrs | no data | no data | |
| Executive VP & CEO of Digital | 3.1yrs | no data | 0.013% $ 2.4m | |
| Executive VP and CEO of Health & Wellness | 10.3yrs | US$3.75m | 0.016% $ 3.0m | |
| Executive VP & Chief Growth Officer | no data | no data | no data |
5.5yrs
Average Tenure
56yo
Average Age
Experienced Management: SYF's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$19.18m | 0.16% $ 31.2m | |
| Independent Director | 8.7yrs | US$330.10k | 0.010% $ 2.0m | |
| Independent Director | 8.7yrs | US$325.10k | 0.010% $ 1.9m | |
| Independent Director | 10yrs | US$336.35k | 0.016% $ 3.0m | |
| Independent Director | 5.4yrs | US$300.10k | 0.0050% $ 952.8k | |
| Independent Chairman | 10yrs | US$505.17k | 0.020% $ 3.8m | |
| Independent Director | 5yrs | US$320.10k | 0.0083% $ 1.6m | |
| Independent Director | 4yrs | US$300.10k | 0.0056% $ 1.1m | |
| Independent Director | 8.7yrs | US$320.10k | 0.0040% $ 766.4k | |
| Independent Director | 2.3yrs | US$300.10k | 0.0014% $ 271.9k |
7.0yrs
Average Tenure
67yo
Average Age
Experienced Board: SYF's board of directors are considered experienced (7 years average tenure).