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Region Financial Chief’s Compensation Increased 21% in 2010

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March 29 (Bloomberg) -- Regions Financial Corp. Chief Executive Officer Grayson Hall’s compensation increased 21 percent in 2010, the year he was promoted to run the lender.

Hall’s package amounted to $5.12 million, including salary, stock awards, deferred compensation and changes to the value of his pension, according to a regulatory filing today. That compares with $4.23 million a year earlier, the Birmingham, Alabama-based company said. Hall, 53, replaced Dowd Ritter as CEO in April.

To contact the reporter on this story: April Lee in New York at alee355@bloomberg.net

To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net

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