Charlotte, North Carolina Financial Giant Bank of America's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Reasonable 6.0% Per Year During the Past Five Years. But With the Horrific 2008-09 US Financial Meltdown, the Compensation % Changes Were Volatile, Substantially Higher and Extremely Messy in the Previous Five Years.

I think that Pete Buttigieg was the clear winner in last night's debate, very successfully warding off a vicious barrage of strange attacks from several parties.  Amy Klobuchar was the clear loser, attacking Pete irrationally as if she were acting in desperation.  Her nastiness here is consistent with the rumor that she does not treat her own staff well.

I have researched and made posts related to Top-Tier Executive Total Compensation in most of the largest companies headquartered in the four earliest 2020 Democratic Primary States ..... Iowa, New Hampshire, Nevada and South Carolina.

Then, of the 14 Super Tuesday US States holding their 2020 Democratic Presidential Primaries on March 3, 2020, I made like posts related to most of the largest Texas Companies, most of the largest Southern California companies and also most of the largest technology companies headquartered in Northern California.

My research has shown that Elizabeth Warren, Bernie Sanders and Tom Steyer are all spot on when they assert that US Corporate Financial Corruption is rampant.  But the problem is that none of the three have any clue on precisely the cause or how to effectively fix this huge problem which is also the primary cause of the huge, continuing US income inequality expansion which has been occurring for decades.

But even worse, even though he is a very nice man, Joe Biden is so naive that he isn't even aware of the extent of this continuing huge US income inequality expansion or precisely its cause which has been occurring under his nose for the past forty plus years, nor is he aware of, or else has decided to ignore, just how huge the largest US tax shelters are which are located right under his nose in his home State of Delaware, mostly in one Wilmington building.

On the negative side, voting for many years for the Annual Income Tax Loophole Extenders which dramatically increased income inequality expansion each year were Joe Biden and Amy Klobuchar.  On the positive side, voting for many years against these same Annual Income Tax Loophole Extenders were Elizabeth Warren and Bernie Sanders.

So now I will be addressing Top-Tier Executive Compensation for five to ten years in some of the largest companies in the State of North Carolina, one of the 14 Super Tuesday 2020 Democratic Presidential Primary US States.  I'll first address some of the largest North Carolina Financial Companies and then later some of the largest North Carolina Non-Financial companies.

I will be doing this research mostly by stock market capitalization and thus the first North Carolina financial company that I am addressing here is the giant Bank of America.

From annual compensation information contained in Proxy Statement filings with the US SEC, the chart below shows Bank of America's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past five years.  

Bank of America's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was a reasonable 6.0% per year during the past five years, but what a complete sky-high, volatile mess in the last three of the past ten years.

	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Bank of America Corp	2018	2017		2017	2016		2016	2015		2015	2014		2014	2013
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
Moynihan Chairman and CEO	22,755	21,780		21,780	15,940		15,940	13,823		13,823	15,342		15,342	13,139
Donofrio CFO	11,929	12,178		12,178	10,612		10,612	10,590
Greener Chief Risk Officer	11,657	11,354		11,354	9,543		9,543	8,659
Montag COO	18,789	18,478		18,478	15,669		15,669	14,815		14,815	14,949		14,949	15,066
Laughlin Former Vice Chairman	N/A	N/A		11,098	9,590		9,590	8,760
Thompson Former CFO										10,973	11,600		11,600	11,523
Darnell Former Vice Chairman										9,354	9,984		9,984	10,413
Lynch General Counsel													9,232	9,226
Totals	65,130	63,790		74,888	61,354		61,354	56,647		48,965	51,875		61,107	59,367
Annual % Change vs Prior Year	2.1%			22.1%			8.3%			-5.6%			2.9%
5 Year Average Per Year % Change		6.0%