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Pinnacle Financial Partners Executive Compensation (FY25)

PNFP · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 22, 2026
256 figures on this page: 247 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Total compensation for M. Terry Turner, President and Chief Executive Officer, came to $6,611,454 in fiscal 2025, and Turner's total moved 6.8% higher from the $6,188,319 reported for fiscal 2024. Separately, the disclosed chief executive pay ratio for fiscal 2025 is 61:1, against median employee compensation of $108,907. Meanwhile, the say-on-pay proposal drew 97.1% of votes cast for or against in favor at the meeting held May 21, 2026 for fiscal 2025, and companies named in the disclosed peer group include Associated Banc-Corp, Bank OZK, BankUnited Inc., BOK Financial Corp. and Comerica Inc., among others.
Chief executive, fiscal 2025
◇
M. Terry Turner
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — M. Terry Turner: $6,188,319 → $6,611,454 (6.8% higher)
CEO pay ratio: 58:1 → 61:1 (5.2% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Pinnacle Financial Partners' chief executive and what were they paid?
Total compensation for M. Terry Turner, President and Chief Executive Officer, came to $6,611,454 in fiscal 2025. Turner's total moved 6.8% higher from the $6,188,319 reported for fiscal 2024.
What was Pinnacle Financial Partners' say-on-pay result?
The say-on-pay proposal drew 97.1% of votes cast for or against in favor at the meeting held May 21, 2026 for fiscal 2025.
Which companies are in Pinnacle Financial Partners' peer group?
Companies named in the disclosed peer group include Associated Banc-Corp, Bank OZK, BankUnited Inc., BOK Financial Corp. and Comerica Inc., among others.
What is Pinnacle Financial Partners' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 61:1, against median employee compensation of $108,907.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
M. Terry Turner
President and Chief Executive Officer
◇—◇—◇—◇◇
Robert A. McCabe
Chairman
◇—◇—◇—◇◇
Richard Callicutt II
Chairman of the Carolinas and Virginia
◇—◇◇◇—◇◇
Hugh M. Queener
Executive Vice President and Chief Administrative Officer
◇—◇—◇—◇◇
Harold R. Carpenter
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
M. Terry Turner
President and Chief Executive Officer
◇—◇—◇—◇◇
Robert A. McCabe
Chairman
◇—◇—◇—◇◇
Richard Callicutt II
Chairman of the Carolinas and Virginia
◇—◇◇◇—◇◇
Harold R. Carpenter
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Hugh M. Queener
Executive Vice President and Chief Administrative Officer
◇—◇———◇◇
J. Harvey White
Interim Chief Credit Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
M. Terry Turner
President and Chief Executive Officer
◇—◇—◇—◇◇
Robert A. McCabe, Jr.
Chairman of the Board and Chairman of Tennessee
◇—◇—◇—◇◇
Richard D. Callicutt, II
Chairman of the Carolinas and Virginia
◇—◇—◇—◇◇
Harold R. Carpenter
Chief Financial Officer
◇—◇—◇—◇◇
J. Harvey White
Interim Chief Credit Officer
Served on an interim basis
◇—◇—◇—◇◇
Charissa D. Sumerlin
Chief Credit Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
M. Terry Turner
President and Chief Executive Officer
◇—◇—◇—◇◇
Robert McCabe Jr.
Chairman of the Board and Chairman of Tennessee
◇—◇—◇—◇◇
Richard Callicutt II
Chairman of the Carolinas and Virginia
◇—◇—◇—◇◇
Charissa Sumerlin
Chief Credit Officer
◇—◇—◇—◇◇
Harold Carpenter
Chief Financial Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Charissa D. SumerlinRSU◇——◇——◇
Charissa D. SumerlinRSU◇——◇——◇
Charissa D. SumerlinPSU◇—◇◇◇—◇
Harold R. CarpenterPSU◇—◇◇◇—◇
Harold R. CarpenterRSU◇——◇——◇
M. Terry TurnerPSU◇—◇◇◇—◇
M. Terry TurnerRSU◇——◇——◇
Richard D. Callicutt IIPSU◇—◇◇◇—◇
Richard D. Callicutt IIRSU◇——◇——◇
Richard D. Callicutt IIRSU◇——◇——◇
Robert A. McCabe Jr.PSU◇—◇◇◇—◇
Robert A. McCabe Jr.RSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
M. Terry TurnerPSU◇◇——
RSU◇◇——
Robert McCabePSU◇◇——
RSU◇◇——
Richard CallicuttPSU◇◇——
RSU◇◇——
Charissa D. SumerlinRSU◇◇——
PSU◇◇——
Harold CarpenterPSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2024
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Abney S. Boxley III
Lead independent director
◇◇————◇
Decosta E. Jenkins
◇◇————◇
Gregory L. Burns
◇◇————◇
Thomas C. Farnsworth III
◇◇————◇
Renda J. Burkhart
◇◇————◇
Joseph Galante
◇◇————◇
Glenda Baskin Glover
◇◇————◇
Charles E. Brock
◇◇————◇
G. Kennedy Thompson
◇◇————◇
David B. Ingram
◇◇————◇
Robert A. McCabe Jr, M. Terry Turner and Richard D. Callicutt II served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Associated Banc-Corp ASB
  • Bank OZK OZK
  • BankUnited Inc. BKU
  • BOK Financial Corp. BOKF
  • Comerica Inc. CMA
  • Commerce Bancshares, Inc. CBSH
  • Cullen/Frost Bankers Inc. CFR
  • F.N.B. Corporation FNB
  • First Horizon Corp. FHN
  • Fulton Financial Corporation FULT
  • Hancock Whitney Corporation HWC
  • Prosperity Bancshares, Inc. PB
  • Simmons First National Corporation SFNC
  • South State Corporation symbol not shown
  • Synovus Financial Corp. SNV
  • UMB Financial Corporation UMBF
  • United Bankshares Inc. UBSI
  • Valley National Bancorp VLY
  • Wintrust Financial Corp. WTFC
  • Zions Bancorp. NA ZION

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2023April 23, 2024=◇◇◇
2022April 18, 2023=◇◇◇
2021April 19, 2022=◇◇◇
2020April 20, 2021=◇◇◇
2019April 21, 2020=◇◇◇
2018April 16, 2019=◇◇◇
2017April 17, 2018=◇◇◇
2015April 19, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Pinnacle Financial Partners disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Pinnacle Financial Partners sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
256 figures on this page: 247 cited to the filing that reported them, 9 calculated from figures it prints.
247 cited to the filing
9 calculated from the filing

Documents cited

  1. 0002082866-26-000056
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0002082866-26-000031
    CEO PAY RATIO · DIRECTOR COMPENSATION · Outstanding Equity Awards at Fiscal Year End
  3. 0001115055-25-000063
    2024 SUMMARY COMPENSATION TABLE · Summary Compensation Table
  4. 0001115055-24-000119
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001115055-24-000071
    Summary Compensation Table
  6. 0001115055-23-000037
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001115055-23-000026
    Summary Compensation Table
  8. 0001115055-22-000023
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001115055-21-000034
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001115055-20-000035
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001115055-19-000022
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001115055-18-000023
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001115055-16-000108
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Pinnacle Financial Partners executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PNFP (accessed 2026).
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers Pinnacle Financial Partners discloses

The companies named in PNFP's own disclosed peer group.

Associated Banc-CorpBank OZKBankUnited Inc.BOK Financial Corp.Comerica Inc.Commerce Bancshares, Inc.Cullen/Frost Bankers Inc.F.N.B. CorporationFirst Horizon Corp.Fulton Financial CorporationHancock Whitney CorporationProsperity Bancshares, Inc.Simmons First National CorporationSynovus Financial Corp.UMB Financial CorporationUnited Bankshares Inc.Valley National BancorpWintrust Financial Corp.Zions Bancorp. NA

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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