Company: BK-PK
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0001193125-25-046216
Chunk: 73

Company: Bank of New York Mellon Corp
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 73
---
 Compensation” differ substantially from the amounts determined under SEC rules as reported for 2024 in the “Total” column of the “2024 Summary Compensation Table” on page 76. The table below is not a substitute for the “2024 Summary Compensation Table.” Equity awards made in February 2025 based on 2024 performance results will be reported in the Summary Compensation Table in the 2026 Proxy Statement.NamedExecutiveOfficersSalaryTargetIncentivexCorporateComponentxIndividualModifier-RiskAssessmentAdjustment(1)AwardedIncentive CompensationAwarded TotalDirectCompensationCashPSUs(2)RSUs(2)Robin Vince$1,300,000$18,700,000150%100%No adjustment$5,610,000$16,830,000$5,610,000$29,350,000Dermot McDonogh$650,000$8,350,000150%100%No adjustment$3,757,500$5,636,250$3,131,250$13,175,000Jose Minaya(3)$213,958n/an/an/aNo adjustment$3,705,000$5,557,500$3,087,500$12,563,958Senthil Kumar$650,000$5,600,000150%95%No adjustment$2,394,000$3,591,000$1,995,000$8,630,000Catherine Keating$650,000$5,350,000150%83%No adjustment$1,993,680$0(4)$4,651,920$7,295,600(1)For a description of the Risk Assessment, see “Risk Assessment” on page 60.(2)PSUs are earned between 0% – 150% based on the achievement of performance metrics over the 2025 – 2027 performance period and cliff vest after the end of the performance period. RSUs vest in equal annual installments over three years.(3)The terms of Mr. Minaya’s offer letter provide that his 2024 incentive award would be $12.35 million; a target incentive for 2024 was not established for Mr. Minaya.(4)On January 8, 2025, we announced that Ms. Keating will retire from the company effective April 30, 2025; consistent with past practice for executive officers who retire, Ms. Keating was not awarded