Mbna Corp filed the compensation data below on 3/15/2005
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Long Term Compensation | |
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Annual Compensation | |
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Awards | |
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Total | |
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Annual | |
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Other | |
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Number of | |
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All | |
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Cash | |
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Annual | |
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Securities | |
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Other | |
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Compen- | |
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Compen- | |
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Restricted | |
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Underlying | |
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Compen- | |
| Name and Principal Position |
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Year | |
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Salary(1) | |
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Bonus(2) | |
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sation(3) | |
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sation(4) | |
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Shares(5,6) | |
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Options | |
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sation(7) | |
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Bruce L. Hammonds
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2004 |
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$ |
2,461,525 |
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$ |
1,083,000 |
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$ |
3,544,525 |
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$ |
0 |
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$ |
5,458,000 |
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0 |
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$ |
163,422 |
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Chief Executive Officer and |
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2003 |
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2,500,000 |
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2,125,000 |
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4,625,000 |
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0 |
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5,740,996 |
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500,000 |
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164,383 |
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President of the Corporation |
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2002 |
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2,394,213 |
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2,500,000 |
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4,894,213 |
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0 |
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9,540,000 |
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450,000 |
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201,188 |
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John R. Cochran III |
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2004 |
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2,442,294 |
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943,000 |
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3,385,294 |
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0 |
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4,880,500 |
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0 |
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135,902 |
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Chief Operating Officer of the |
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2003 |
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2,500,000 |
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2,125,000 |
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4,625,000 |
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0 |
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5,740,996 |
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500,000 |
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145,203 |
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Corporation; Chairman, |
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2002 |
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2,394,213 |
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2,500,000 |
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4,894,213 |
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0 |
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9,540,000 |
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450,000 |
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190,458 |
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President and Chief Executive Officer of the Bank |
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Lance L. Weaver
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2004 |
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1,961,537 |
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762,500 |
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2,724,037 |
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0 |
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3,387,500 |
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0 |
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113,044 |
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Vice Chairman of the |
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2003 |
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2,000,000 |
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1,700,000 |
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3,700,000 |
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0 |
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4,386,975 |
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300,000 |
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128,546 |
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Corporation and Vice Chairman |
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2002 |
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1,915,375 |
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2,000,000 |
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3,915,375 |
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77,848 |
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7,280,000 |
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300,000 |
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162,985 |
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of U.S. Credit Card for the Bank |
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Richard K. Struthers
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2004 |
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1,961,537 |
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762,500 |
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2,724,037 |
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0 |
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3,387,500 |
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0 |
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79,866 |
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Vice Chairman of the |
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2003 |
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2,000,000 |
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1,700,000 |
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3,700,000 |
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0 |
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4,386,975 |
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300,000 |
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114,947 |
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Corporation and Vice Chairman |
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2002 |
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1,915,375 |
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2,000,000 |
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3,915,375 |
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2,183 |
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7,280,000 |
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300,000 |
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153,280 |
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of International and Consumer Lending for the Bank |
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Kenneth A. Vecchione
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2004 |
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1,569,223 |
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610,500 |
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2,179,723 |
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0 |
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2,710,500 |
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0 |
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56,885 |
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Vice Chairman and Chief |
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2003 |
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1,599,988 |
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1,360,000 |
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2,959,988 |
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352 |
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2,069,000 |
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250,000 |
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179,332 |
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Financial Officer of the |
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2002 |
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1,515,376 |
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1,600,000 |
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3,115,376 |
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7,484 |
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3,359,992 |
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900,000 |
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148,520 |
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Corporation (since October 2004) and of the Bank |
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*The above executive compensation data is an excerpt from the proxy statement filed for
Mbna Corp on 3/15/2005
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