Andrew Cecere
2019
In 2019, Andrew Cecere earned a total compensation of $18.8M as Chairman, President and Chief Executive Officer at U.S. Bancorp, a 40% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $6,713,623 |
|---|---|
| Non-Equity Incentive Plan | $2,718,900 |
| Salary | $1,200,000 |
| Stock Awards | $8,100,000 |
| Other | $52,503 |
| Total | $18,785,026 |
Cecere received $8.1M in stock awards, accounting for 43% of the total pay in 2019.
Cecere also received $6.7M of change in pension value and nonqualified deferred compensation earnings, $2.7M in non-equity incentive plan, $1.2M in salary and $52.5K in other compensation.
Rankings
In 2019, Andrew Cecere's compensation ranked 189th out of 13,971 executives tracked by ExecPay. In other words, Cecere earned more than 98.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 189 out of 13,971 | 99th |
Division Finance, Insurance, And Real Estate | 30 out of 2,901 | 99th |
Major group Depository Institutions | 9 out of 1,223 | 99th |
Industry group Commercial Banks | 9 out of 1,011 | 99th |
Industry National Commercial Banks | 9 out of 373 | 98th |
Source: SEC filing on March 10, 2020.
Cecere's colleagues
We found five more compensation records of executives who worked with Andrew Cecere at U.S. Bancorp in 2019.
2019
Terrance Dolan
U.S. Bancorp
Chief Financial Officer
2019
Jeffry von Gillern
U.S. Bancorp
Vice Chair, Technology and Operations Services
2019
Shailesh Kotwal
U.S. Bancorp
Vice Chair, Payment Services
2019
Timothy Welsh
U.S. Bancorp
Vice Chair, Consumer and Business Banking
2019
Gunjan Kedia
U.S. Bancorp