Lawrence D. McGovern

Heritage Commerce

Executive Vice President & Chief Financial Officer of Heritage Commerce Corp and Heritage Bank of Commerce

Overview

Lawrence D. McGovern made an average of $480.3K in compensation at Heritage Commerce from 2008 to 2018.

Annual data

2018

In 2018, Lawrence D. McGovern earned a total compensation of $563.1K as Executive Vice President & Chief Financial Officer of Heritage Commerce Corp and Heritage Bank of Commerce at Heritage Commerce.

Ranking7,026 out of 8,301
Percentile15.4%

Lawrence D. McGovern's 2018 compensation ranked 7,026th out of 8,301 executive pay records tracked by us this year.

McGovern earned more than 15.4% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking507 out of 776
Percentile34.7%

In the industry group of Commercial Banks, McGovern's pay ranked 507th out of 776 executive pay records tracked by us in 2018.

McGovern earned more than 34.7% of executives in this group.

Non-Equity Incentive Plan$76,368
Salary$305,471
Stock Awards$151,200
Other$30,030
Total$563,069

McGovern received $305.5K in salary, which accounts for 54.25% of total compensation.

McGovern also received $76.4K in non-equity incentive plan, $151.2K in stock awards and $30K in other compensation.

Lawrence D. McGovern's Pay$563,069
Median Employee's Pay$78,500
Pay Ratio7 : 1

For fiscal year 2018, the annual total compensation for Lawrence D. McGovern was $563,069 and for the median employee at Heritage Commerce was $78,500. The resulting ratio of Lawrence D. McGovern's pay to the pay of median employee was 7 to one.

2017

In 2017, Lawrence D. McGovern earned a total compensation of $549.7K as Executive Vice President & Chief Financial Officer of Heritage Commerce Corp and Heritage Bank of Commerce at Heritage Commerce.

Ranking10,398 out of 13,165
Percentile21.0%

Lawrence D. McGovern's 2017 compensation ranked 10,398th out of 13,165 executive pay records tracked by us this year.

McGovern earned more than 21.0% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking629 out of 1,030
Percentile38.9%

In the industry group of Commercial Banks, McGovern's pay ranked 629th out of 1,030 executive pay records tracked by us in 2017.

McGovern earned more than 38.9% of executives in this group.

Non-Equity Incentive Plan$98,431
Salary$293,824
Stock Awards$130,320
Other$27,118
Total$549,693

McGovern received $293.8K in salary, which accounts for 53.45% of total compensation.

McGovern also received $98.4K in non-equity incentive plan, $130.3K in stock awards and $27.1K in other compensation.

2016

In 2016, Lawrence D. McGovern earned a total compensation of $642.2K as Executive Vice President Chief Financial Officer at Heritage Commerce.

Ranking10,082 out of 13,853
Percentile27.2%

Lawrence D. McGovern's 2016 compensation ranked 10,082nd out of 13,853 executive pay records tracked by us this year.

McGovern earned more than 27.2% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking530 out of 1,068
Percentile50.4%

In the industry group of Commercial Banks, McGovern's pay ranked 530th out of 1,068 executive pay records tracked by us in 2016.

McGovern earned more than 50.4% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$152,200
Non-Equity Incentive Plan$103,231
Salary$282,824
Stock Awards$84,788
Other$19,125
Total$642,168

McGovern received $282.8K in salary, which accounts for 44.04% of total compensation.

McGovern also received $152.2K of change in pension value and nonqualified deferred compensation earnings, $103.2K in non-equity incentive plan, $84.8K in stock awards and $19.1K in other compensation.

2015

In 2015, Lawrence D. McGovern earned a total compensation of $541.6K as Executive Vice President Chief Financial Officer at Heritage Commerce.

Ranking10,493 out of 13,574
Percentile22.7%

Lawrence D. McGovern's 2015 compensation ranked 10,493rd out of 13,574 executive pay records tracked by us this year.

McGovern earned more than 22.7% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking549 out of 1,024
Percentile46.4%

In the industry group of Commercial Banks, McGovern's pay ranked 549th out of 1,024 executive pay records tracked by us in 2015.

McGovern earned more than 46.4% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$71,200
Non-Equity Incentive Plan$86,918
Salary$271,618
Stock Awards$93,600
Other$18,263
Total$541,599

McGovern received $271.6K in salary, which accounts for 50.15% of total compensation.

McGovern also received $71.2K of change in pension value and nonqualified deferred compensation earnings, $86.9K in non-equity incentive plan, $93.6K in stock awards and $18.3K in other compensation.

2014

In 2014, Lawrence D. McGovern earned a total compensation of $706.2K as Executive Vice President Chief Financial Officer at Heritage Commerce.

Ranking8,947 out of 12,876
Percentile30.5%

Lawrence D. McGovern's 2014 compensation ranked 8,947th out of 12,876 executive pay records tracked by us this year.

McGovern earned more than 30.5% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking424 out of 993
Percentile57.3%

In the industry group of Commercial Banks, McGovern's pay ranked 424th out of 993 executive pay records tracked by us in 2014.

McGovern earned more than 57.3% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$268,000
Non-Equity Incentive Plan$102,997
Option Awards$58,397
Salary$260,753
Other$16,087
Total$706,234

McGovern received $268K of change in pension value and nonqualified deferred compensation earnings, which accounts for 37.95% of total compensation.

McGovern also received $103K in non-equity incentive plan, $58.4K in option awards, $260.8K in salary and $16.1K in other compensation.

2013

In 2013, Lawrence D. McGovern earned a total compensation of $411.6K as Executive Vice President Chief Financial Officer at Heritage Commerce.

Ranking9,785 out of 11,965
Percentile18.2%

Lawrence D. McGovern's 2013 compensation ranked 9,785th out of 11,965 executive pay records tracked by us this year.

McGovern earned more than 18.2% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking560 out of 930
Percentile39.8%

In the industry group of Commercial Banks, McGovern's pay ranked 560th out of 930 executive pay records tracked by us in 2013.

McGovern earned more than 39.8% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$8,700
Non-Equity Incentive Plan$78,018
Option Awards$57,347
Salary$251,671
Other$15,816
Total$411,552

McGovern received $251.7K in salary, which accounts for 61.15% of total compensation.

McGovern also received $8.7K of change in pension value and nonqualified deferred compensation earnings, $78K in non-equity incentive plan, $57.3K in option awards and $15.8K in other compensation.

2012

In 2012, Lawrence D. McGovern earned a total compensation of $432.6K as Executive Vice President Chief Financial Officer at Heritage Commerce.

Ranking8,874 out of 10,949
Percentile19.0%

Lawrence D. McGovern's 2012 compensation ranked 8,874th out of 10,949 executive pay records tracked by us this year.

McGovern earned more than 19.0% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking544 out of 884
Percentile38.5%

In the industry group of Commercial Banks, McGovern's pay ranked 544th out of 884 executive pay records tracked by us in 2012.

McGovern earned more than 38.5% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$121,400
Non-Equity Incentive Plan$15,005
Salary$242,400
Stock Awards$38,340
Other$15,408
Total$432,553

McGovern received $242.4K in salary, which accounts for 56.04% of total compensation.

McGovern also received $121.4K of change in pension value and nonqualified deferred compensation earnings, $15K in non-equity incentive plan, $38.3K in stock awards and $15.4K in other compensation.

2011

In 2011, Lawrence D. McGovern earned a total compensation of $465.8K as Executive Vice President Chief Financial Officer at Heritage Commerce.

Ranking7,886 out of 10,035
Percentile21.4%

Lawrence D. McGovern's 2011 compensation ranked 7,886th out of 10,035 executive pay records tracked by us this year.

McGovern earned more than 21.4% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking451 out of 853
Percentile47.1%

In the industry group of Commercial Banks, McGovern's pay ranked 451st out of 853 executive pay records tracked by us in 2011.

McGovern earned more than 47.1% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$173,000
Salary$233,733
Stock Awards$43,860
Other$15,228
Total$465,821

McGovern received $233.7K in salary, which accounts for 50.18% of total compensation.

McGovern also received $173K of change in pension value and nonqualified deferred compensation earnings, $43.9K in stock awards and $15.2K in other compensation.

2010

In 2010, Lawrence D. McGovern earned a total compensation of $350.4K as Executive Vice President Chief Financial Officer at Heritage Commerce.

Ranking8,083 out of 9,477
Percentile14.7%

Lawrence D. McGovern's 2010 compensation ranked 8,083rd out of 9,477 executive pay records tracked by us this year.

McGovern earned more than 14.7% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking510 out of 829
Percentile38.5%

In the industry group of Commercial Banks, McGovern's pay ranked 510th out of 829 executive pay records tracked by us in 2010.

McGovern earned more than 38.5% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$109,100
Salary$227,000
Other$14,272
Total$350,372

McGovern received $227K in salary, which accounts for 64.79% of total compensation.

McGovern also received $109.1K of change in pension value and nonqualified deferred compensation earnings and $14.3K in other compensation.

2009

In 2009, Lawrence D. McGovern earned a total compensation of $292.2K as Executive Vice President Chief Financial Officer at Heritage Commerce.

Ranking7,560 out of 8,703
Percentile13.1%

Lawrence D. McGovern's 2009 compensation ranked 7,560th out of 8,703 executive pay records tracked by us this year.

McGovern earned more than 13.1% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking499 out of 773
Percentile35.4%

In the industry group of Commercial Banks, McGovern's pay ranked 499th out of 773 executive pay records tracked by us in 2009.

McGovern earned more than 35.4% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$57,100
Salary$222,000
Other$13,107
Total$292,207

McGovern received $222K in salary, which accounts for 75.97% of total compensation.

McGovern also received $57.1K of change in pension value and nonqualified deferred compensation earnings and $13.1K in other compensation.

2008

In 2008, Lawrence D. McGovern earned a total compensation of $328.2K as Executive Vice President Chief Financial Officer at Heritage Commerce.

Ranking6,640 out of 7,730
Percentile14.1%

Lawrence D. McGovern's 2008 compensation ranked 6,640th out of 7,730 executive pay records tracked by us this year.

McGovern earned more than 14.1% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking466 out of 715
Percentile34.8%

In the industry group of Commercial Banks, McGovern's pay ranked 466th out of 715 executive pay records tracked by us in 2008.

McGovern earned more than 34.8% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$91,800
Salary$220,833
Other$15,542
Total$328,175

McGovern received $220.8K in salary, which accounts for 67.29% of total compensation.

McGovern also received $91.8K of change in pension value and nonqualified deferred compensation earnings and $15.5K in other compensation.