Andrew Cecere
2017
In 2017, Andrew Cecere earned a total compensation of $12M as President and Chief Executive Officer at U.S. Bancorp, a 39% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $3,381,404 |
|---|---|
| Non-Equity Incentive Plan | $1,659,867 |
| Option Awards | $1,500,000 |
| Salary | $941,538 |
| Stock Awards | $4,500,000 |
| Other | $31,947 |
| Total | $12,014,756 |
Cecere received $4.5M in stock awards, accounting for 37% of the total pay in 2017.
Cecere also received $3.4M of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $1.5M in option awards, $941.5K in salary and $31.9K in other compensation.
Rankings
In 2017, Andrew Cecere's compensation ranked 448th out of 14,666 executives tracked by ExecPay. In other words, Cecere earned more than 96.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 448 out of 14,666 | 97th |
Division Finance, Insurance, And Real Estate | 94 out of 3,159 | 97th |
Major group Depository Institutions | 19 out of 1,402 | 99th |
Industry group Commercial Banks | 19 out of 1,112 | 98th |
Industry National Commercial Banks | 17 out of 369 | 95th |
Source: SEC filing on March 6, 2018.
Cecere's colleagues
We found five more compensation records of executives who worked with Andrew Cecere at U.S. Bancorp in 2017.