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Synovus Financial Executive Compensation (FY24)

SNV · Executive and director compensation, fiscal 2022 to 2024
Data as of September 7, 2026Latest filing (DEF 14A): March 12, 2025
205 figures on this page: 199 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
Kevin Blair, Chairman of the Board, Chief Executive Officer, and President, received $6,869,560 in total compensation for fiscal 2024, and Blair's total was 29.3% higher than the $5,310,963 reported for fiscal 2023. The disclosed chief executive pay ratio for fiscal 2024 is 88:1, against median employee compensation of $78,241. Shareholders supported the say-on-pay proposal with 97.5% of votes cast for or against in favor at the meeting held April 24, 2024 for fiscal 2023. The disclosed peer group names Bank United, Inc., BOK Financial Corp., Cadence Bank, Comerica Inc. and Cullen/Frost Bankers, Inc., among others.
Chief executive, fiscal 2024
◇
Kevin Blair
Latest say-on-pay support
=
April 24, 2024
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Kevin Blair: $5,310,963 → $6,869,560 (29.3% higher)
Say-on-pay support: 97.5% → 97.5% (0.0 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Synovus Financial's chief executive and what were they paid?
Kevin Blair, Chairman of the Board, Chief Executive Officer, and President, received $6,869,560 in total compensation for fiscal 2024. Blair's total was 29.3% higher than the $5,310,963 reported for fiscal 2023.
What was Synovus Financial's say-on-pay result?
Shareholders supported the say-on-pay proposal with 97.5% of votes cast for or against in favor at the meeting held April 24, 2024 for fiscal 2023.
Which companies are in Synovus Financial's peer group?
The disclosed peer group names Bank United, Inc., BOK Financial Corp., Cadence Bank, Comerica Inc. and Cullen/Frost Bankers, Inc., among others.
What is Synovus Financial's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2024 is 88:1, against median employee compensation of $78,241.

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
Kevin Blair
Chairman of the Board, Chief Executive Officer, and President
◇—◇—◇—◇◇
Andrew Gregory
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
D. Zachary Bishop
Executive Vice President, Technology, Operations, and Security
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Blair
Chairman of the Board, Chief Executive Officer, and President
◇—◇—◇—◇◇
Andrew Gregory
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Kevin Howard
Executive Vice President and Chief Wholesale Banking Officer
◇—◇—◇—◇◇
D. Zachary Bishop
Executive Vice President, Technology, Operations, and Security
◇—◇—◇—◇◇
D. Wayne Akins
Executive Vice President and Chief Community Banking and Wealth Services Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Blair
Chairman of the Board, Chief Executive Officer, and President
◇—◇—◇—◇◇
Andrew Gregory
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Kevin Howard
Executive Vice President and Chief Wholesale Banking Officer
◇—◇—◇—◇◇
D. Wayne Akins
Executive Vice President and Chief Community Banking and Wealth Services Officer
◇—◇—◇—◇◇
D. Zachary Bishop
Executive Vice President, Technology, Operations, and Security
◇—◇—◇—◇◇
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 2024
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Andrew GregoryOTHER——————◇
D. Wayne AkinsOTHER——————◇
D. Zachary BishopOTHER——————◇
Kevin BlairOTHER——————◇
Kevin HowardOTHER——————◇
Fiscal 2022, 2023 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 2024 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
D. BishopRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Kevin HowardRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Andrew GregoryRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
D. AkinsRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Kevin BlairRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
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
Tim E. Bentsen
Lead independent director
◇◇———◇◇
Pedro Cherry
◇◇———◇◇
Diana M. Murphy
◇◇———◇◇
Harris Pastides
◇◇———◇◇
Barry L. Storey
◇◇———◇◇
John H. Irby
◇◇———◇◇
John L. Stallworth
◇◇———◇◇
Stacy Apter
◇◇———◇◇
Alexandra Villoch
◇◇————◇
Teresa White
◇◇————◇
Kevin S. Blair and Gregory Montana 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◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
  • Bank United, Inc. BKU
  • BOK Financial Corp. BOKF
  • Cadence Bank CADE
  • Comerica Inc. CMA
  • Cullen/Frost Bankers, Inc. CFR
  • First Horizon Corporation FHN
  • FNB Corp. FNB
  • Hancock Whitney Corp. HWC
  • New York Community Bancorp, Inc. (now Flagstaff Financial Corp.) FLG
  • Pinnacle Financial Partners, Inc. PNFP
  • Popular, Inc. BPOP
  • Regions Financial Corp. RF
  • SouthState Corporation SSB
  • Webster Financial Corporation WBS
  • Western Alliance Bancorporation WAL
  • Zions Bancorporation ZION

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2023April 24, 2024=◇◇◇
2022April 26, 2023=◇◇◇
2021April 27, 2022=◇◇◇
2020April 21, 2021=◇◇◇
2019April 22, 2020=◇◇◇
2018April 24, 2019=◇◇◇

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 Synovus Financial disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Synovus Financial 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.
205 figures on this page: 199 cited to the filing that reported them, 6 calculated from figures it prints.
199 cited to the filing
6 calculated from the filing

Documents cited

  1. 0000018349-25-000057
    CEO Pay Ratio · DIRECTOR COMPENSATION · Director Compensation Table · Outstanding Equity Awards at 2024 Fiscal Year-End · and 2 more sections
  2. 0000018349-24-000082
    Item 5.07 Submission of Matters to a Vote of Security Holders
  3. 0000018349-23-000095
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000018349-22-000112
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0000018349-21-000033
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000018349-20-000028
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0000018349-19-000044
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000018349-23-000084
    SUMMARY COMPENSATION TABLE
  9. 0000018349-24-000062
    SUMMARY COMPENSATION TABLE
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Velarion, “Synovus Financial executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/SNV (accessed 2026).
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Banking rankings

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

Peers Synovus Financial discloses

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

Bank United, Inc.BOK Financial Corp.Comerica Inc.Cullen/Frost Bankers, Inc.First Horizon CorporationFNB Corp.Hancock Whitney Corp.New York Community Bancorp, Inc. (now Flagstaff Financial Corp.)Pinnacle Financial Partners, Inc.Popular, Inc.Regions Financial Corp.SouthState CorporationWebster Financial CorporationWestern Alliance BancorporationZions Bancorporation

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}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy