Timothy Spence is President and Chief Executive Officer of Fifth Third Bancorp (FITB). The company reported total compensation of $11,052,366 for fiscal year 2025.
| Salary | $1,116,635 |
|---|---|
| Bonus | $0 |
| Stock awards | $7,140,040 |
| Option awards | $0 |
| Non-equity incentive plan | $2,328,750 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $466,941 |
| Total | $11,052,366 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Fifth Third Bancorp filed March 9, 2026, accession 0001193125-26-098679.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President and Chief Executive Officer | $1,116,635 | $0 | $7,140,040 | $0 | $2,328,750 | $0 | $466,941 | $11,052,366 |
| FY2024 | President and Chief Executive Officer | $1,073,577 | $0 | $5,428,553 | $990,002 | $2,314,410 | $0 | $300,816 | $10,107,358 |
| FY2023 | President and Chief Executive Officer, Fifth Third Bancorp | $1,025,385 | — | $5,481,769 | $900,000 | $1,622,250 | — | $356,322 | $9,385,726 |
Totals as disclosed in each year's own compensation disclosure for Fifth Third Bancorp.
| Peer-group chief executive median | $11,768,638 |
|---|---|
| Difference from that median | $-716,271 |
| Percentile within the disclosed peer group | 42nd |
| Peers with a disclosed figure | 12 |
Medians and percentiles are computed across the peer group Fifth Third Bancorp discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Timothy Spence this page | President and Chief Executive Officer | $11,052,366 |
| James Leonard | Executive Vice President and Chief Operating Officer | $4,615,180 |
| Bryan Preston | Executive Vice President and Chief Financial Officer | $3,748,675 |
| Robert Shaffer | Executive Vice President and Chief Risk Officer | $3,694,555 |
| Kevin Lavender | Vice Chairman of Commercial Bank | $3,676,931 |
| Jude Schramm | Executive Vice President and Chief Information Officer | $2,530,021 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Fifth Third Bancorp compensation brief.
Timothy Spence's compensation sits inside Fifth Third Bancorp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.