Andrew J. Erickson
2020
In 2020, Andrew J. Erickson earned a total compensation of $7.8M as Executive Vice President, Chief Productivity Officer and Head of International at State Street, a 27% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,050,654 |
|---|---|
| Salary | $658,223 |
| Stock Awards | $3,786,254 |
| Other | $1,326,483 |
| Total | $7,821,614 |
Erickson received $3.8M in stock awards, accounting for 48% of the total pay in 2020.
Erickson also received $2.1M in non-equity incentive plan, $658.2K in salary and $1.3M in other compensation.
Rankings
In 2020, Andrew J. Erickson's compensation ranked 1,196th out of 13,090 executives tracked by ExecPay. In other words, Erickson earned more than 90.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,196 out of 13,090 | 91st |
Division Finance, Insurance, And Real Estate | 210 out of 2,551 | 92nd |
Major group Depository Institutions | 32 out of 1,117 | 97th |
Industry group Commercial Banks | 31 out of 897 | 97th |
Industry State Commercial Banks | 9 out of 569 | 98th |
Pay ratio
| Andrew J. Erickson's Pay | $7,821,614 |
|---|---|
| Median Employee's Pay | $59,199 |
| Pay Ratio | 132to 1 |
In 2020, the annual total compensation of Andrew J. Erickson was $7,821,614.
The annual total compensation of the median employee at State Street was $59,199.
The ratio of Andrew J. Erickson's pay to the pay of median employee was therefore 132 to one.
Source: SEC filing on April 6, 2021.
Erickson's colleagues
We found four more compensation records of executives who worked with Andrew J. Erickson at State Street in 2020.