Edgar Filing: SYNOVUS FINANCIAL CORP

SYNOVUS FINANCIAL CORP.

(“Synovus”)

Dated: July 22, 2016

/s/ Allan E. Kamensky

Allan E. Kamensky

Executive Vice President,

General Counsel and Secretary

8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

July 22, 2016 (July 20, 2016)

Date of Report

(Date of Earliest Event Reported)

Synovus Financial Corp.

(Exact Name of Registrant as Specified in its Charter)

Georgia

(State of Incorporation)

1-10312

(Commission File Number)

58-1134883

(IRS Employer Identification No.)

1111 Bay Avenue, Suite 500, Columbus, Georgia 31901

(Address of principal executive offices) (Zip Code)

(706) 649-2311

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 20, 2016, the Compensation Committee of the Board of Directors (the “Compensation Committee”) of Synovus Financial Corp. (“Synovus”) approved an increase in base salaries for the named executive officers set forth in the table below. The increase represented a 3% increase for the named executive officers set forth below other than Mr. Stelling and a 1.6% increase for Mr. Stelling. Effective immediately, base salaries for these named executive officers, after giving effect to this increase, are as follows:


Name	Title	Base Salary

Kessel D. Stelling	Chairman, Chief Executive	$995,000
	Officer and President

Allen J. Gula, Jr.	Executive Vice President,	$454,861
	and Chief Operations Officer

Allan E. Kamensky	Executive Vice President,	$437,091
	General Counsel and Secretary

J. Barton Singleton	Executive Vice President	$421,785
	and President, Financial
	Management Services

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, Synovus has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.