Andrew J. Erickson
2021
In 2021, Andrew J. Erickson earned a total compensation of $9.3M as Executive Vice President, Chief Productivity Officer and Head of International at State Street, a 19% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,425,500 |
|---|---|
| Salary | $709,500 |
| Stock Awards | $3,802,507 |
| Other | $2,358,155 |
| Total | $9,295,662 |
Erickson received $3.8M in stock awards, accounting for 41% of the total pay in 2021.
Erickson also received $2.4M in non-equity incentive plan, $709.5K in salary and $2.4M in other compensation.
Rankings
In 2021, Andrew J. Erickson's compensation ranked 1,172nd out of 12,397 executives tracked by ExecPay. In other words, Erickson earned more than 90.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,172 out of 12,397 | 91st |
Division Finance, Insurance, And Real Estate | 185 out of 2,278 | 92nd |
Major group Depository Institutions | 32 out of 1,000 | 97th |
Industry group Commercial Banks | 31 out of 800 | 96th |
Industry State Commercial Banks | 12 out of 512 | 98th |
Pay ratio
| Andrew J. Erickson's Pay | $9,295,662 |
|---|---|
| Median Employee's Pay | $61,463 |
| Pay Ratio | 151to 1 |
In 2021, the annual total compensation of Andrew J. Erickson was $9,295,662.
The annual total compensation of the median employee at State Street was $61,463.
The ratio of Andrew J. Erickson's pay to the pay of median employee was therefore 151 to one.
Source: SEC filing on April 6, 2022.
Erickson's colleagues
We found four more compensation records of executives who worked with Andrew J. Erickson at State Street in 2021.