Synchrony Financial Management
Management criteria checks 2/4
Synchrony Financial's CEO is Brian Doubles, appointed in May 2019, has a tenure of 5.58 years. total yearly compensation is $19.18M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth $45.29M. The average tenure of the management team and the board of directors is 5.6 years and 5.8 years respectively.
Key information
Brian Doubles
Chief executive officer
US$19.2m
Total compensation
| CEO salary percentage | 6.0% |
| CEO tenure | 5.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.6yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Synchrony Financial: Undervalued Gem In Fintech
Nov 30Synchrony Financial's (NYSE:SYF) Dividend Will Be $0.25
Oct 28
Synchrony Financial: Why I Prefer The Lower Yielding Series A Preferred Shares
Oct 23Synchrony Financial: Consumer Lending May Meltdown If Unemployment Continues To Rise
Sep 18Synchrony Financial: Not Too Expensive Yet
Jul 18Synchrony 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 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | n/a | n/a | US$3b |
| 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 ($USD12.63M).
Compensation vs Earnings: Brian's compensation has increased by more than 20% in the past year.
CEO
Brian Doubles (48 yo)
5.6yrs
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 | 5.6yrs | US$19.18m | 0.17% $ 45.3m | |
| Executive VP & CFO | 5.6yrs | US$5.74m | 0.020% $ 5.2m | |
| Executive VP and Chief Technology & Operating Officer | 3.5yrs | US$5.46m | 0.017% $ 4.6m | |
| Executive VP & Chief Risk and Legal Officer | 10.8yrs | US$4.93m | 0.033% $ 8.7m | |
| Executive VP and CEO of Home & Auto | 5.9yrs | US$4.51m | 0.026% $ 6.9m | |
| Senior VP | less than a year | no data | no data | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 6.1yrs | no data | no data | |
| Executive VP & CEO of Digital | 3.5yrs | no data | 0.013% $ 3.4m | |
| Executive VP and CEO of Health & Wellness | 10.8yrs | US$3.75m | 0.017% $ 4.4m | |
| Executive VP & Chief Growth Officer | no data | no data | no data | |
| Executive VP & Chief Credit Officer | 1.9yrs | no data | no data |
5.6yrs
Average Tenure
54yo
Average Age
Experienced Management: SYF's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.7yrs | US$19.18m | 0.17% $ 45.3m | |
| Independent Director | 9.1yrs | US$330.10k | 0.012% $ 3.1m | |
| Independent Director | 9.1yrs | US$325.10k | 0.011% $ 2.9m | |
| Independent Director | 10.4yrs | US$336.35k | 0.018% $ 4.7m | |
| Independent Director | 5.8yrs | US$300.10k | 0.0058% $ 1.6m | |
| Independent Chairman | 10.4yrs | US$505.17k | 0.022% $ 5.9m | |
| Independent Director | 5.4yrs | US$320.10k | 0.0092% $ 2.5m | |
| Independent Director | 4.4yrs | US$300.10k | 0.0064% $ 1.7m | |
| Independent Director | 9.1yrs | US$320.10k | 0.012% $ 3.1m | |
| Director | less than a year | no data | no data | |
| Independent Director | 2.7yrs | US$300.10k | 0.0022% $ 573.7k |
5.8yrs
Average Tenure
67yo
Average Age
Experienced Board: SYF's board of directors are considered experienced (5.8 years average tenure).