Jerry A. Grundhofer
2006
In 2006, Jerry A. Grundhofer earned a total compensation of $32.3M as Chairman and former Chief Executive Officer at U.S. Bancorp.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,167,210 |
|---|---|
| Non-Equity Incentive Plan | $4,000,000 |
| Option Awards | $18,012,054 |
| Salary | $1,100,042 |
| Stock Awards | $6,637,053 |
| Other | $361,737 |
| Total | $32,278,096 |
Grundhofer received $18M in option awards, accounting for 56% of the total pay in 2006.
Grundhofer also received $2.2M of change in pension value and nonqualified deferred compensation earnings, $4M in non-equity incentive plan, $1.1M in salary, $6.6M in stock awards and $361.7K in other compensation.
Rankings
In 2006, Jerry A. Grundhofer's compensation ranked 21st out of 7,022 executives tracked by ExecPay. In other words, Grundhofer earned more than 99.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 21 out of 7,022 | 100th |
Division Finance, Insurance, And Real Estate | 11 out of 1,953 | 99th |
Major group Depository Institutions | 3 out of 966 | 100th |
Industry group Commercial Banks | 3 out of 860 | 100th |
Industry National Commercial Banks | 3 out of 364 | 99th |
Source: SEC filing on March 5, 2007.
Grundhofer's colleagues
We found six more compensation records of executives who worked with Jerry A. Grundhofer at U.S. Bancorp in 2006.
2006
Richard Davis
U.S. Bancorp
Chief Executive Officer
2006
David Moffett
U.S. Bancorp
Chief Financial Officer
2006
William Chenevich
U.S. Bancorp
Chairman
2006
Lee Mitau
U.S. Bancorp
General Counsel
2006
Andrew Cecere
U.S. Bancorp
Chief Financial Officer
2006
Richard Hartnack
U.S. Bancorp