Most-Overpaid/Underpaid CEOs 

By Bloomberg Markets - 2013-05-30T11:59:07Z

Photograph courtesy of M&T Bank

Company Symbol % Change
21 of 22

Underpaid CEO: Robert Wilmers

Total 2012 pay: $4 million

Firm: M&T Bank

Assets: $83 billion

Stock return: 33.2%

Return on common equity: 10.8%

Firm rank minus pay rank: -7.7

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Note: The chiefs ranked represent firms with the largest customer deposits, including customer payables, as of the end of the 2012 fiscal year. Citigroup was excluded because its current CEO hadn’t served for all of his firm’s fiscal 2012.