Leadership & Pay ·
Fifth Third Bancorp has approved performance share unit (PSU) awards for key executives to incentivize the integration…
FITBFifth Third Bancorp
Fifth Third Bancorp has approved performance share unit (PSU) awards for key executives to incentivize the integration of its merger with Comerica Incorporated. CEO Timothy N. Spence was granted $5,000,000 in PSUs, while the COO, CFO, CRO, and CIO received awards valued between $1,000,000 and $1,500,000. These awards are subject to an integration scorecard and a minimum return on average tangible common equity threshold of 2% for the 2026 and 2027 fiscal years.