Kevin Kabat, CEO of Fifth Third Bancorp, got a 25 percent increase in compensation in 2012, the Business Courier of Cincinnati reports, citing a company filing with the U.S. Securities and Exchange Commission. Kabat’s compensation package totaled $8.9 million last year, up from $7.1 million in 2011. Cincinnati-based Fifth Third (NASDAQ:FITB) ranks as the fourth-largest bank in the Charlotte market, based on local deposits of $1.8 billion.
Fifth Third CEO gets 25 percent boost in pay
